On June 24, oil prices took a dive after nearly 52% of Britons voted to leave the European Union in a nationwide referendum. Oil prices initially slumped by more than 6%, as traders feared a wider economic slowdown that could reduce oil demand.
Brent crude LCOc1 was down $1.91 at $49 a barrel at 0849 GMT. US crude CLc1 was down $1.87 at $48.25 a barrel, according to Reuters. Earlier in the day, both contracts were down by more than $3, or over 6%, the biggest intra-day declines for both since...
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