Crude oil slumped as pressured by Greek referendum result, hopes that US would lift Iranian sanctions and concerns over Chinese government’s ability to support the stock market. The front-month contract for WTI crude oil plummeted -7.73%, ending the day at 52.53, whilst the Brent crude contract dropped -6.27% to 56.54 at close.
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WTI Crude Slumped More than -7%
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