Crude prices sink over UK’s EU exit

‘Oil prices have taken another tumble over concerns about the United Kingdom’s recent vote to exit the European Union (EU).
The prices of crude experienced more slump on Wednesday in Asian trade as the so-called Brexit vote continues to take a toll on equities and currency markets.
The markets’ reaction follows a warning by the Bank of England about risks from the June 23 Brexit vote that “have begun to crystallize.” The UK money, the British pound, took a battering not seen since mid-1985, thus sending markets and subsequently oil prices into a nosedive.’
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