Oil Halts Gain Near $49 Before U.S. Stockpile Data, Brexit Vote

Oil Halts Gain Near $49 Before U.S. Stockpile Data, Brexit Vote

LAGOS, Nigeria, Capital Markets in Africa: Oil halted gains near $49 a barrel as markets awaited weekly U.S. stockpile data, while the U.K. referendum on membership of the European Union remained too close to call. Futures slid as much as 1 percent in New York. U.S. inventories probably fell by 1.5 million barrels last week, keeping them more than 100 million barrels above the five-year average, according to a Bloomberg survey before government data Wednesday. Separate polls showed leads…

Read More
1 2