ICE Brent settles above $50/b as Brexit fears subside

摘要

New York-Oil futures rallied Monday after the latest polls suggested the UK was more likely to remain in the EU, leading the US dollar lower and global equities higher. NYMEX July crude settled $1.39 higher at $49.37/b. ICE August Brent settled up $1.48 at $50.65/b. NYMEX July ULSD settled 4.57 cents higher at $1.5274/gal. NYMEX July RBOB settled up 7.74 cents at $1.5827/gal. The US Dollar Index was down 0.6 point at 93.6 Monday afternoon, putting upward pressure on commodity prices, including oil. Global equities rallied Monday as waning support for the Brexit vote lifted stock markets in Asia, Europe and the US.