FTSE 100 slips as oil tops $100, stoking inflation worries
London’s FTSE 100 fell 0.42% to 10,766.61 points by 0925 GMT as oil rallied above $100 a barrel, renewing inflation worries and dampening risk appetite.
London’s FTSE 100 fell to its lowest level in nearly a week on Wednesday as oil climbed above $100 a barrel, reviving inflation concerns and weighing on risk appetite ahead of a week of closely watched economic data releases. 61 points by 0925 GMT.