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Evening Standard
Evening Standard
Business
Anna Wise

Oil prices tumble as ‘hopes of de-escalation’ in Middle East rise

Oil IG Lloyds British Petroleum Shell Trainline
Top UK stocks made some afternoon gains (Jordan Pettit/PA) - (PA Archive)

Top UK stocks made some afternoon gains after a slow start to trading on Monday, despite plummeting oil prices weighing on energy stocks.

The FTSE 100 moved 36.78 points higher, or 0.45%, to close at 8,285.62. Earlier in the day it had been down as much as 0.5%.

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