365 Stock market news

The price of the oil jumped on Friday at 3.8% and was set at the price level of 47.98 dollars per barrel.
This increase came after six consecutive days of declines as when the black gold fell from 51.67 dollar per barrel high to a low level of 45.84, which means a steady decline of up to 11% in six days.
The increase in oil prices came after the markets calmed down from the possible effect of the exit of Britain from the European Union which could hurt the global economic growth and the demand for energy.