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July 25 Reuters Britain39;s commodityheavy FTSE 100 tracked a decline in oil and mining stocks on Monday as hawkish central banks stoke recession worries, while investors await corporate results from Europe and the United States.

The benchmark FTSE 100 index fell 0.2 in morning trade.

Oil majors Shell and BP declined 1.6 and 1.9, while miners slipped 0.3, tracking weakness in commodity prices on fears that an expected U.S. interest rate hike this week will dampen demand.

Energy has been the top performing sector so far this year, up nearly 20 yeartodate, helping UK39;s FTSE 100 outperform its U.S. and European peers.

Volatile oil prices, however, have weighed on the index this month with traders weighing the impact of likely interest rate hikes that could cut demand against tight supply due to the loss of Russian oil.

The FTSE has been more resilient because of its number of big international companies, particularly the big oil and gas companies and the miners which have really made hay, but going forward you really can39;t guarantee that is going to be sustained, said AJ Bell analyst Danni Hewson.

The domestically focussed midcap index slid 0.3.

Travel and leisure stocks dipped 1.2 after Ireland39;s Ryanair  said a return to preCOVID levels of profitability this year was not certain even as it topped…