The United States Oil Fund, which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund , which tracks Brent crude oil futures, are among the various commodities exchange traded products that have been stung by the Brexit result.
A stronger dollar coupled with downward revisions to U.K. economic growth forecast are among the factors pressuring crude in Brexit's wake and there could be more near-term pain for oil because some market observers see Brexit also affecting Chinese economic growth..............................................Full Article: Source
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