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).