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Oil prices stabilize after Brexit vote, but refined products glut looms - Reuters
Reuters | Oil prices stabilize after Brexit vote, but refined products glut looms Reuters "If we assume a 2 percent drop in UK GDP in response to the exit vote, which is on the high end of our economists' estimates, then UK oil demand would likely be reduced by 1 percent or 16,000 barrels per day, which is a 0.016 percent hit to global demand. Oil Bulls Face Specter of Market Turmoil on Brexit Aftershocks Oil extends its sharp, post-Brexit fall Oil Falls Further on Brexit Result; More Volatility to Come |
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