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  • North Sea oil rig `Gullfaks C' in bad weather

    The oil and gas industry is set for fresh uncertainty as Scottish politicians call for an independence referendum after the EU referendum.

  • LONDON, June 27- Oil prices slipped on Monday as market participants absorbed the shock of Britain's vote to leave the European Union though some analysts said Brexit would have a limited impact on global fuel demand. Brent crude futures were down 35 cents at $48.06 a barrel by 1123 GMT. "If we assume a 2 percent drop in UK GDP in response to the exit vote, which is on the...

  • LONDON, June 27- Oil prices steadied on Monday as market participants better absorbed the shock of last week's vote in Great Britain to leave the European Union and as analysts said Brexit would have a limited impact on global fuel demand. Brent crude futures were up 17 cents at $48.58 a barrel by 0844 GMT. "If we assume a 2 percent drop in UK GDP in response to the exit...

  • SINGAPORE, June 27- Oil prices stabilized on Monday as market participants better absorbed the shock of last week's vote in Great Britain to leave the European Union and recognised the referendum would have little effect on global fuel demand. Brent crude futures were trading at $48.76 a barrel by 0650 GMT on Monday, up 35 cents from their last settlement.

  • SINGAPORE, June 27- Oil prices dropped on Monday, extending sharp declines after Britain's vote to leave the European Union sparked a sharp selloff in global markets on Friday. Brent crude futures were down 15 cents at $48.26 a barrel by 0238 GMT on Monday, after settling down $2.50, or 4.9 percent, at $48.41 on Friday. "If we assume a 2 percent drop in UK GDP in response...

  • An employee stands on the deck of a pilot boat in view of the Ocean Princess oil platform, operated by Diamond Offshore Drilling Inc., in the Port of Cromarty Firth in Cromarty, U.K.

    Oil prices fell Monday, weighed by a rallying dollar and continued market uncertainty over Britain's shock vote to exit the EU.

  • *PM Cameron to quit as UK, EU rewrite engagement rules. NEW YORK/ LONDON, June 24- Oil prices settled 5 percent lower on Friday after Britain's vote to leave the European Union spurred massive risk aversion and a rally in safe havens like the U.S. dollar that threatened to cut short a three-month-long recovery in global oil markets. Financial markets have been...

  • U.S. CRUDE FUTURES SETTLEMENT DELAYED AFTER LATE SWING IN PRICE.

  • Oil Closes where

    CNBC's Jackie DeAngelis reports on oil's close, live from the floor of the NYMEX.

  • *Copper sees muted reaction as China demand supports. NEW YORK/ LONDON, June 24- Gold clocked up its biggest daily gain since the 2008 financial crisis on Friday as Britain's vote to leave the European Union spread political uncertainty and economic growth concerns, hitting industrial commodities such as oil and copper. "Investors are looking for alternatives...

  • The Week Ahead

    CNBC's Susan Li looks ahead to what are likely to be next week's top business and financial stories.

  • June 24- U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices pull back after a recent rally to an 11- month high over $51 a barrel. Despite a decline in U.S. crude to below $48 a barrel on Friday after Britain voted to leave the European Union, several companies said...

  • CRUDE OIL FUTURES PARE LOSSES SLIGHTLY AFTER U.S.

  • June 24- U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices pull back after a recent rally to an 11- month high over $51 a barrel. Despite a decline in U.S. crude to below $48 a barrel on Friday after Britain voted to leave the European Union, several companies said...

  • *PM Cameron to quit as UK rewrites engagement rules with EU. NEW YORK/ LONDON, June 24- Oil prices fell about 5 percent in New York's morning trade on Friday after Britain's vote to leave the European Union led to huge risk aversion and rally in safe havens like the U.S. dollar that could derail a three-month long recovery in global oil markets. Financial markets have...

  • *BP to keep UK HQ despite vote. LONDON, June 24- Oil prices slumped by more than 6 percent on Friday after Britain voted to leave the European Union, raising fears of a broader economic slowdown that could reduce demand. Financial markets have been worried for months about what Brexit, or a British exit from the European Union, would mean for Europe's future, but were...

  • UK will adjust to Brexit: Pro

    Peter Boockvar, The Lindsey Group; Kathy Lien, BK Asset Management, and John Kilduff, Again Capital, weigh in on market reaction to the UK's leave vote.

  • *BP to keep UK HQ despite vote. LONDON, June 24- Oil prices slumped by more than 6 percent on Friday after Britain voted to leave the European Union, raising fears of a broader economic slowdown that could reduce demand. Financial markets have been worried for months about what Brexit, or a British exit from the European Union, would mean for Europe's future, but were...

  • LONDON, June 24- Crude oil prices have so far shown only a modest impact from Britain's vote to leave the European Union on Thursday. Britain is now the world's 15th largest oil consumer, ranking far behind the United States and China but also behind Brazil, South Korea, Germany, Canada, Iran, Mexico and even Indonesia. The more serious impact would be if there is...

  • *BP to keep UK HQ despite vote. LONDON, June 24- Oil prices slumped by more than 6 percent on Friday after Britain voted to leave the European Union, raising fears of a broader economic slowdown that could reduce demand for oil. Financial markets have been worried for months about what Brexit, or a British exit from the European Union, would mean for Europe's future, but...