Oil futures fall as global growth, Brexit concerns weigh
Brent crude oil futures fell below USD 50 a barrel again to USD 49.79, down 56 cents, by 0029 GMT. On Monday the contract settled down 19 cents at USD 50.35 per barrel.
Crude oil futures fell in early Asian trade on Tuesday, as investors ignored signs of market tightness to focus on concerns over global growth and overnight declines in stocks on the impending vote on Britain's possible European Union exit. Brent crude oil futures fell below USD 50 a barrel again to USD 49.79, down 56 cents,by 0029 GMT. On Monday the contract settled down 19 cents at USD 50.35 per barrel.
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Crude oil futures fell in early Asian trade on Tuesday, as investors ignored signs of market tightness to focus on concerns over global growth and overnight declines in stocks on the impending vote on Britain's possible European Union exit. Brent crude oil futures fell below USD 50 a barrel again to USD 49.79, down 56 cents,by 0029 GMT. On Monday the contract settled down 19 cents at USD 50.35 per barrel.
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