Higher oil prices have failed to slow the momentum of the FTSE 100 index after its best week since November 2020.
Today’s latest rise came as Brent crude prices lifted on the back of more supply uncertainty, particularly in light of attacks on oil facilities in Saudi Arabia over the weekend.
Traders are this week also looking ahead to Wednesday’s UK inflation figures and spring statement from Chancellor Rishi Sunak, as well as Thursday’s publication of the first economic figures to measure activity in Europe since Russia’s invasion of Ukraine.
