NEW YORK—Oil prices tumbled Tuesday as traders worried about an uptick in U.S. drilling activity and the U.K.’s vote to exit the European Union continued to roil global markets. Brent, the global benchmark, fell $2.14, or 4.3%, to $47.96 a barrel on ICE Futures Europe. U.S. crude for August delivery fell $2.39, or 4.9%, to $46.60 a barrel on the New York Mercantile Exchange. As oil prices climbed from 13-year lows in the first...
Source: Wall Street Journal July 05, 2016 12:30 UTC