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Bunkers jump, oil rebounds back over $50/bbl as Brexit panic fades, but Citi warns uncertainty and volatility will persist

 

If Wednesday's numbers are any indication, the few observers who predicted that the U.K.'s exit from the European Union would cause extremely short-lived market turmoil may be proven correct: oil jumped over 3 percent and Brent crude rose above the $50 per barrel mark after dropping under $47/bbl earlier this week.

 

 

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