EU exit combined with output gain may send crude lower: Russia.
BLOOMBERG.COM

Futures declined as much as 1.7 percent, extending Friday’s 4.9 percent slump, the biggest drop in four months. The turmoil in financial markets continued Monday as the pound extended its record selloff. Oil prices may plunge if the shock of Britain’s vote to exit the EU is combined with a boost in output, Russian Energy Minister Alexander Novak said.

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