Oil Futures Climb More Than 3% For The Session

Oil futures finished higher on Tuesday, rebounding after a two-session loss of roughly 7.5%, as concerns surrounding the U.K. decision to leave the European Union eased. Traders also awaited weekly data that are expected to show a decline in U.S. crude supplies. August WTI crude settled at $47.85 a barrel on the New York Mercantile Exchange, up $1.52, or 3.3%.

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