United Kingdom’s FTSE 100 Hits More than 1-Week High on Energy Boost; ASOS Jumps On June 5, 2023, the UK’s FTSE indexes surged to more than one-week highs, boosted by energy stocks after top oil exporter Saudi Arabia made a promise to cut supplies. The resources-heavy FTSE 100 climbed 0.6%, reaching its highest since May […]
FTSE 100 Forecast: Oil Giants Rise Following Saudi Arabia Output Cut Oil giants are expected to benefit from the recent output cut by Saudi Arabia as the FTSE 100 forecast is set to show growth for the sector. The decision by Saudi Arabia to cut oil production by one million barrels per day has bolstered […]