Oil inched higher on Monday

International benchmarks for oil prices moved higher on Monday (4 July) as fear over Britain voted to leave the EU started to recede and fundamental supply and demand factors regained their dominance of the market. Fresh militants attacks on the country's oil infrastructure arouse concern over prolong supply outage which might lending support to prices.

There are no trading activities on WTI due to Independent Day

Brent closed at $50.51/barrel (+$0.16) September delivery