neutral
4h agoFTSE 100 Slides as Job Market Weakens and Oil Prices Drop Below $60
The FTSE 100 index declined by 0.3% to 9722.46 points on December 17, 2025, as BP and Shell's performance weighed down the index. BP fell 3.7p to 433.75p and Shell dropped 27.75p to 2670.5p, following a 1.5% fall in Brent Crude to $59.54 a barrel. Oversupply concerns and a potential Russia-Ukraine peace deal contributed to the drop. Additionally, UK unemployment rose to 5.1%, reinforcing expectations that the Bank of England will cut interest rates to 3.75% on Thursday.
neutral
4h agoFTSE 100 Slides as Job Market Weakens and Oil Prices Drop Below $60
The FTSE 100 index declined by 0.3% to 9722.46 points on December 17, 2025, as BP and Shell's performance weighed down the index. BP fell 3.7p to 433.75p and Shell dropped 27.75p to 2670.5p, following a 1.5% fall in Brent Crude to $59.54 a barrel. Oversupply concerns and a potential Russia-Ukraine peace deal contributed to the drop. Additionally, UK unemployment rose to 5.1%, reinforcing expectations that the Bank of England will cut interest rates to 3.75% on Thursday.
1 min read
78 words
The FTSE 100 dropped due to falling oil prices and a rise in UK unemployment, with expectations of a Bank of England rate cut to 3.75%.
The FTSE 100 index declined by 0.3% to 9722.46 points on December 17, 2025, as BP and Shell's performance weighed down the index. BP fell 3.7p to 433.75p and Shell dropped 27.75p to 2670.5p, following a 1.5% fall in Brent Crude to $59.54 a barrel. Oversupply concerns and a potential Russia-Ukraine peace deal contributed to the drop. Additionally, UK unemployment rose to 5.1%, reinforcing expectations that the Bank of England will cut interest rates to 3.75% on Thursday.
The FTSE 100 index declined by 0.3% to 9722.46 points on December 17, 2025, as BP and Shell's performance weighed down the index. BP fell 3.7p to 433.75p and Shell dropped 27.75p to 2670.5p, following a 1.5% fall in Brent Crude to $59.54 a barrel. Oversupply concerns and a potential Russia-Ukraine peace deal contributed to the drop. Additionally, UK unemployment rose to 5.1%, reinforcing expectations that the Bank of England will cut interest rates to 3.75% on Thursday.
Dec 17, 2025 • 07:30