Oil prices fall due to victory of Brexit supporters

The decline in world oil prices is associated with the victory for leave supporters after divisive referendum campaign in the UK.

As of 8:40 MSK, the prices for August futures of Brent crude oil dropped 6.2%, reaching $47.77 per barrel on the ICE Exchange in London.

The prices for August futures of WTI dropped by 6.1% to $47.07 per barrel at the New York Mercantile Exchange (NYMEX).