Oil Declines in Post-‘Brexit’ Hangover - News Summed Up

Oil Declines in Post-‘Brexit’ Hangover


U.S. oil for August delivery recently traded down 2.3% at $46.57a barrel on the New York Mercantile Exchange. Brent crude recently traded down 2.1% to $47.39 a barrel on ICE Futures... Oil prices fell Monday with a stronger dollar and haven-seeking investors still pushing crude into a retreat after Friday’s unexpected choice from U.K. voters to leave the European Union. That would be its fourth-largest daily decline since early May.


Source: Wall Street Journal June 27, 2016 07:35 UTC



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