{"id":139636,"title":"FTSE 100 Set for Flat Open as Oil Surges Above $91","publisher":"Share Talk","author":"sharetalk","published":"2026-08-18T06:29:50+00:00","modified":"2026-08-18T06:29:50+00:00","canonical_url":"https://www.share-talk.com/ftse-100-set-for-flat-open-as-oil-surges-above-91/","markdown_url":"https://www.share-talk.com/ftse-100-set-for-flat-open-as-oil-surges-above-91.md","json_url":"https://www.share-talk.com/ftse-100-set-for-flat-open-as-oil-surges-above-91.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["Asia","Bangkok","Denmark","Endeavour Mining","Fed","Federal Reserve","Finland","FRANCE","FTSE 100","GERMANY","Glencore","Greenland plan","Hong kong","Japan","London","Manila","mining stocks","Mumbai","Nasdaq Composite","NATO alliance","Netherlands","Nikkei 225","Norway","S&P 500","shanghai","Singapore","Sweden","Sydney","Taiwan","UK","United States","Wall Street","Wellington"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/03/oil-friday-6-oct-750x406-1.webp?fit=750%2C406&quality=80&ssl=1","format":"news","language":"en-GB","content":"London stocks are expected to open broadly unchanged on Tuesday, with **FTSE 100 futures indicating a marginal 2-point decline**, after the index suffered its sixth consecutive fall on Monday.\n\nThe subdued outlook comes as **Brent crude surged above $91 a barrel**, with tensions in the Middle East remaining elevated and uncertainty continuing over the Strait of Hormuz.\n\nEuropean markets are expected to fare worse, with Germany’s **DAX 40 called 0.5% lower** and France’s **CAC 40 down 0.4%**.\n\nOil remains one of the key risks for global markets. Brent climbed to **$91.62 a barrel from $89.07**, as hopes of progress between Washington and Tehran weakened. Higher energy prices are renewing concerns about inflation and the outlook for interest rates.\n\nSterling slipped to **$1.3537**, while US Treasury yields moved higher, with the 10-year yield reaching **4.74%** and the 30-year yield climbing to **5.32%**.\n\nAsian markets were predominantly weaker. Japan’s **Nikkei 225 dropped 2.1%**, while Hong Kong’s Hang Seng fell 0.5% and China’s Shanghai Composite declined 0.3%.\n\nInvestors in London will now turn their attention to **UK employment and wage figures**, which could provide further clues about the Bank of England’s next move on interest rates.\n\nMining stocks could provide some support after **BHP reported a 9% increase in annual attributable profit to $9.83 billion**, alongside a 15% increase in revenue and a substantially higher dividend."}