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Oil Climbs as Brexit Risks Wane; Focus on June 23 Vote
Oil prices advanced higher in early Asian trade Monday as expectations for the U.K. to remain in the European Union continued to gather steam after the deadly attack on a pro-stay lawmaker last week. On the New York Mercantile Exchange, light, sweet crude futures for delivery in July traded at $48.48 a barrel at 0213 GMT, up $0.50 in the Globex electronic session. August Brent crude on London's ICE Futures exchange rose $0.42 to $49.59 a barrel. "The Brexit has been the single largest disturbance in the oil markets lately. Prices have been rising steadily as polls show the remain camp now has the upper ... (full story)
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