FTSE falls, cryptos collapse, crude drops By Investing.com
Key Points FTSE 100 closing price of 6,950.63, -1.2% Oil names lower as Iran deal close Cryptocurrencies fall in wake of China crackdown UK inflation picks up By Samuel Indyk Investing.com – The FTSE 100 fell on Wednesday amid a broad based decline in basic materials and oil & gas companies. BP (LON:BP) and Royal Dutch Shell (LON:RDSa) were both lower as crude oil declined. The weekly EIA crude oil inventory data showed a smaller than expected build in US crude stocks. WTI and Brent crude futures both remained sharply lower following the data...
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