Oil prices edge up more after Brexit shock

Image
Reuters
Last Updated : Jun 29 2016 | 10:40 PM IST
Crude oil rose more on Wednesday as traders moved money back into markets hit by the initial shock of Britain's vote to leave the European Union, while a potential oil workers strike in Norway and a crisis in Venezuela's oil sector also provided support.

Brent crude futures were 31 cents higher at $48.89 per barrel at 1219 GMT. US crude was up 40 cents to $48.25 a barrel.

More From This Section

First Published: Jun 29 2016 | 10:31 PM IST

Next Story