---
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"
date: 2026-08-18
canonical: "https://www.share-talk.com/ftse-100-set-for-flat-open-as-oil-surges-above-91/"
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"]
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format: "news"
language: "en-GB"
---

# FTSE 100 Set for Flat Open as Oil Surges Above $91

**Published:** August 18, 2026
**Author:** sharetalk
**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)

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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.

The 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.

European markets are expected to fare worse, with Germany’s **DAX 40 called 0.5% lower** and France’s **CAC 40 down 0.4%**.

Oil 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.

Sterling 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%**.

Asian 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%.

Investors 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.

Mining 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.

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