Published by Alexander Bueso on 20th April 2016
(ShareCast News) - 1630:Close The UK's top flight index sprinted back into the green in the last hour of trading, boosted by a rally in crude oil futures in the wake of the latest oil inventory numbers in the US and after the DoE forecast a large drop in America's oil output next year. Banks and homebuilders did well too, especially StanChart with its well-documented exposure to the mining sector. Nonetheless, and on a more ominous note, ex-BoE chief Sir Mervyn King chided governments for not doing enough with the time central banks had bought them. FTSE 100 up 4.91 points to 6,410.26.