Oil majors curb FTSE losses as crude surges after Saudi attacks
Share:
(Reuters) - Surges for oil majors BP and Shell shielded London's FTSE 100 index on Monday from concerns over the economic impact of higher crude prices following attacks on Saudi Arabian production facilities.The FTSE 100 fell 0.2% by 0817 GMT, outperforming half percentage falls for Europe's main indexes. The FTSE 250 was also down just 0.3%.BP jumped 3.8% and Shell 2.8% as the attacks on Saturday shut about 5% of global supply, triggering the biggest intra-day percentage gain in Brent..