Oil Erases Brexit Selloff as U.S. Crude Supplies, Dollar Decline

  • Stockpiles dropped 4.05 million barrels last week: EIA report
  • Dollar falls as policy makers seen mitigating Brexit damage

Can Oil Demand Withstand Brexit's Impact?

Oil erased the two-day plunge that followed Britain’s vote to leave the European Union after U.S. crude inventories dropped for a sixth week while the dollar retreated against its peers.

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