Telegraph.co.uk | FTSE 100 falters but oil prices jump after Iraq says it will 'co-operate' with Opec deal Telegraph.co.uk Brent crude prices have extended their gains this afternoon and are now up 1.4pc on the day at $47.89 a-barrel following comments by Iraq's oil minister. Arriving at the meeting in Vienna, Iraq's oil minister Jabbar al-Luaibi said he is "optimistic ... FTSE 100 falls as banks and oil firms drop |