Oil continues to rise .. and why Britain's referendum
June 20, 2016
Oil continued to rise in Asian trading Monday, after the fall of the dollar helped dip fears about the possibility of Britain's withdrawal from the European Union in support of crude oil. The price of Brent crude for delivery in August 34 cents to $ 49.51 a barrel at 02:35 GMT, after rising at the close on Friday of $ 1.98, or 4.2 percent, to $ 49.17. The price of Nymex crude delivery July 44 cents to $ 48.42 after rising at the close on Friday of $ 1.77, or 3.8 percent.