Oil prices continue to decline due to instability that occurred in the markets following unexpected results of the referendum on Brexit.
Futures price of Brent crude with delivery in August at London's ICE Futures exchange decreased by 0.3% - to $48.26 per barrel.
The price of August futures for WTI crude at the New York Mercantile Exchange (NYMEX) decreased by 0.6% - to $47.36 per barrel, Interfax writes.
