World shares were mixed and oil prices rose Monday after the European Union and the Group of Seven democracies agreed on a boycott of most Russian oil and committed to a price cap of $60 per barrel on Russian exports.
Germany’s DAX slipped 0.3 percent to 14,490.99 and the CAC 40 in Paris lost 0.2 percent to 6,728.57. Britain’s FTSE 100 edged 0.1 percent higher, to 7,562.40. The future for the S&P 500 gave up 0.4 percent and the contract for the Dow future lost 0.3 percent.
U.S. benchmark crude oil picked up 55 cents to $80.53 per barrel in electronic trading on the New York Mercantile Exchange. It lost $1.24 to $79.98 per barrel on Friday….