Oil price hike supports FTSE, punishes Dow videos

Added: Dec 5, 2008

Duration: 3:43

The FTSE will be underpinned by rising oil prices thanks to the heavy weighting of oil stocks, but if commodity prices reverse then it's perfectly conceivable the index will slip below 5,000, says Tim Mole. In 'Cantos Calls' he reveals he's keeping his fingers crossed that Padraig Harrington can overtake Tiger Woods to become the world's number one golfer.