We begin with a look at the key data for the oil and gas industry this week, which shows the impact of the Brexit vote on the oil markets, with crude prices falling shareply. Meanwhile, U.S. gasoline prices have fallen and refinery runs have broken their fall, heading upwards this week. (Click to enlarge) (Click to enlarge) (Click to enlarge) Friday, June 24, 2016 British voters shocked the world with yesterday’s vote to leave the European Union, thrusting the global financial markets into turmoil. British Prime Minister David Cameron said that he would step down later this year. The “Leave” decision also presents enormous political, economic, and legal questions in Europe, all bad news for commodity markets. The campaign to exit Europe centered largely on immigration, but the fallout will be felt across many sectors of the global economy. In the short run, the dollar is […]