Oil falls after early returns show close Brexit vote
Oil prices fell after voting ended in a UK referendum on whether to stay in the European Union, with early returns indicating a close result and prompting big swings in the value of sterling.
US. crude was down 35 cents at USD49.76 a barrel at 0001 GMT. Brent crude was down 27 cents at USD50.64 a barrel.
On Thursday, both contracts rose sharply, rallying on optimism the Britons would vote to stay in Europe.
The first few official results on Friday put the 'Brexit' campaign ahead, although opinion polls suggest that the vote will end a victory for the 'remain' campaign.
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