FTSE 100 Poised for Gains as Oil Prices Dip Below $104
UKPulse Markets Desk
The FTSE 100 is anticipated to open higher today, continuing Friday's rally. This comes as Brent crude oil prices have fallen below $104 per barrel.
- The FTSE 100 is expected to make gains on Monday morning.
- Brent crude, the international oil benchmark, dipped below $104 per barrel.
- The fall in oil prices follows President Trump’s plans to import Russian diesel.
The UK's FTSE 100 index is set to open with gains this Monday, building on the rally observed at the close of trading on Friday. This anticipated rise in the blue-chip index occurs amidst a decline in oil prices.
In early trading, Brent crude, which serves as the international benchmark for oil, saw its price fall below $104 per barrel. This drop in oil prices follows reports of President Trump's plans to import Russian diesel.