Reuters | Oil up 3 percent on US crude draw; Brent back above $50 Reuters Fading concerns over Britain's exit from the European Union, potential for an oil workers' strike in Norway and a crisis in Venezuela's energy sector added support to crude futures. While spot contracts in key benchmarks Brent and U.S. crude rallied ... US oil ends 3.3 pct higher, at $47.85, amid post-Brexit bargain hunting Oil prices recover with global markets Oil prices rise on Norway strike threat; Brexit shock fades |