London Miners Drop Amid Rising Oil Prices, Slowing Demand

London's miners fall as oil prices rise, solidifying expectations of a Fed interest rate hike that could slow investment and demand for mined metals and minerals. Higher oil prices will eat into miners' margins as they are among the world's largest diesel consumers. Copper miner Antofagasta drops 2.4%, Glencore falls 2.01%, BHP's London-listed shares trade 1.7% lower, and Rio Tinto's London shares are down 1.6%.