Oil falls
Reuters
Tokyo
Oil prices fell in Asian trade after a strong two-day rally that was fed by easing concerns Britain would leave the European Union after a referendum this week, allowing market participants to focus on supply issues.
U.S. crude´s expiring July front-month contract was down 41 cents at $48.96 a barrel at 0650 GMT.
The more actively traded August contract, the new front-month from Wednesday, was down 41 cents at $49.55. That contract settled up nearly 3 percent at $49.96 on Monday.
Brent crude futures´ August front-month contract was down 52 cents at $50.13 a barrel.
On Monday, it climbed $1.48, or 3 percent, to $50.65 a barrel.
The contract has risen about 7 percent since Thursday´s settlement, after dropping 10 percent in six previous sessions.
-
Jay-Z Shares Bold Advice With Bad Bunny For NFL Super Bowl Halftime Show Appearance -
Epstein Probe: Bill, Hillary Clinton Call For Public Testimony Hearing -
Brooklyn Beckham Considers Adoption As Nicola Peltz Can't Carry A Baby -
Expert Discusses 'complications' Of Measles Outbreak -
Kaley Cuoco Recalls Her Divorce With Karl Cook: 'I Was Gonna Die' -
Celine Dion Reveals Music She's Listening To Lately -
HR Exec Kristin Cabot To Speak At Crisis PR Conference After Coldplay Incident -
Why Travis Kelce Says Taylor Swift Has Made Him 'so Much Better'? -
Halle Berry Credits This Hairstyle With Launching Her Acting Career -
Hailee Steinfeld Spills Her 'no-phone' Rule With Husband Josh Allen -
Bowen Yang Gets Honest About Post SNL Life: 'It’s An Adjustment' -
Charlize Theron Delivers Strong Message At 2026 Winter Olympics Opening Ceremony -
Lil Jon Reacts To Son Nathan Smith's Death: 'Devastated' -
Bianca Censori Reveals Where She And Kanye West Stand On Having Children Together -
Taylor Swift Hypes Olympic Athletes In Surprise Video Message -
Timothy Busfield Charged With Four Counts Of Child Sexual Abuse