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Oil Prices After Brexit: Where the Market Is Headed Now

Oil Prices After Brexit: Crude oil prices around the world are falling in the wake of the biggest event in British history. The post Oil Prices After Brexit: Where the Market Is Headed Now was originally published at The Wall Street Examiner. Follow the money!

Oil prices dive amid market uncertainty as Britain votes to leave EU

Oil prices slumped by more than 6 percent on Friday after results of a landmark referendum showed Britain had voted to leave the European Union, causing huge market uncertainty and fracturing European efforts to forge greater unity. Financial markets have been racked for months by worries about what Brexit, or a British exit from the […]

What Impact Will Crude Oil Prices Have On JetBlue’s Enterprise Value?

Jet fuel cost, one of the major operating costs for an airline, accounts for close to 30% of the total operating costs of any airline. Jet fuels are typically made by blending and refining various crude oil petroleum distillation products. Hence, a small change in crude oil prices can have a significant impact on these […]

Vevezuela in crisis: "If you are lucky, you eat twice a day"

Venezuela is going through one of the worst economic crisis it has faced in decades. With oil prices at an all-time low, the country is largely unable to pay for and import essential food items or medicines and while the government denies...Show More Summary

What Brexit means for tech in Europe and the UK

Since the UK voted to leave the EU this morning, a lot has happened: the value of the British Pound has plunged, as has the price of oil; Prime Minister David Cameron has resigned; millions of Britons have essentially lost the right to live and work in 27 other European countries. Show More Summary

Russia to Maintain 2016 Oil Price Forecast Despite Brexit

Russia will not revise its forecast of an average 2016 oil price of $40 after the Brexit referendum, Deputy Prime Minister Arkady Dvorkovich said Friday.

Markets Shocked by UK Decision to Leave EU

International markets have been shocked by the outcome of the United Kingdom’s referendum on EU membership, with stock exchanges around the world, the British currency and oil prices trading deep in the red zone.

Glut Is Over: Oil Prices Likely Going Up on US Consumption

As disinvestment on the supply side both in the US and overseas and a pickup in international demand are pushing oil prices higher, the upward trend is likely to persist in the medium-term, coupled with rising market volatility as crude inventories might exhaust significantly.

Brent Oil Price Drops 5% Amid UK's Decision to Leave EU

Brent oil price has lost five percent as Britons voted to leave the EU.

Oil Prices Down 5% as Leave Camp Leads in UK Referendum

The West Texas Intermediate (WTI) oil futures dropped to $47.59 per barrel and Brent crude plummeted below $49 per barrel as UK referendum results showed that the Leave campaign was gaining the upper hand.

Oil falls after early returns show close Brexit vote

TOKYO (Reuters) - Oil prices fell after voting ended in a UK referendum on whether to stay in the European Union, with early returns indicating a close result and prompting big swings in the value of sterling. U.S. crude was down 35 cents at $49.76 a barrel at 0001 GMT (8:01 p.m. Show More Summary

Oil Ends Higher in Choppy Trade ahead of Britain's EU Vote

Oil prices closed 2 percent higher after a volatile session on Thursday, with investors less worried about prospects for the global economy after the last pre-vote

Is Houston’s housing market getting sluggish?

Prices have boosted in many hot markets throughout the U.S. for the past few years, Houston included. However, declining oil prices -- affecting 4.3 percent of Houston’s employment force -- are upsetting home sellers...

Oil Prices Are Rallying... But Nobody Is Talking About It

Well, it finally happened. I've been watching oil prices flirt with the $50 mark for some time. On June 7, benchmark West Texas Intermediate (WTI) futures finally pierced through that key

U.S. stocks rise as Britons vote on EU membership

Investors are buying stocks and selling bonds, sending banks higher; energy companies are up with the price of oil

Oil Prices Grow as Polls Show Brexit Scenario Less Likely

Crude benchmarks Brent and West Texas Intermediate went up an average 0.58 percent on Thursday as polls earlier in the day showed increasing support for the Remain camp.

Oil rises as markets on tenterhooks ahead of Brexit vote

By Aaron Sheldrick TOKYO (Reuters) - Oil prices rose in Asian trading on Thursday, shrugging off a smaller-than-expected decline in U.S. stockpiles, as the market nervously awaited the result of Britain's "Brexit" vote. Trading has been...Show More Summary

T. Rowe’s Energy Guru Is Still Bearish On Oil

The Wall Street Journal had a chat with T. Rowe Price's (TROW) natural-resources guru, Shawn Driscoll. He's still bearish. Drisoll runs the $3.3 billion T. Rowe Price New Era Fund (PRNEX) but also reportedly carries sway with other equities fund managers at T. Rowe. Read More »

Panama Canal $5B expansion to open amid shipping downturn

Drop in world oil prices, the slowdown in China and other factors are affecting traffic and income at the canal

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