Brent Oil Price Drops 5% Amid UK's Decision to Leave EU

© REUTERS / Stefan Wermuth/File PhotoThe word oil is pictured on an oil bank at a recycling yard in London
The word oil is pictured on an oil bank at a recycling yard in London - Sputnik International
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Brent oil price has lost five percent as Britons voted to leave the EU.

A neon sign for the 2016 referendum is attached to the doors of the announcement hall in Manchester Town Hall - Sputnik International
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MOSCOW (Sputnik) — Brent oil price has dropped by five percent to $48.3 per barrel amid the results in the referendum on the United Kingdom's membership of the European Union, market data indicate.

On Thursday, the Brits took to polling stations across the country to vote on the United Kingdom's future in the European Union. On Friday, it has been reported that the majority of UK citizens voted to leave the bloc.

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