Vote leave supporters stand outside Downing Street after Britain voted to leave the EU. REUTERS/Kevin Coombs |
LONDON (Reuters) - Oil prices
slumped by more than 6 percent on Friday after Britain voted to leave
the European Union, raising fears of a broader economic slowdown that
could reduce demand.
Financial
markets have been worried for months about what Brexit, or a British
exit from the European Union, would mean for Europe's future, but were
clearly not fully factoring in the risk of a leave vote.