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Actionable news in XIV: VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN,

Oil prices rally more than 2% as fears over Brexit abate

Oil rallied on Monday, lifted by a wave of investor confidence and a weaker dollar after polls showed a diminishing chance that Britain may vote to leave the European Union later this week.

August Brent crude futures were up $1.19, or 2.4 percent, at $50.36 a barrel by 9:07 a.m. ET (1307 GMT), set for a gain of 6 percent in two trading days. U.S. crude for July delivery, which expires on Tuesday, was up $1.18, or 2.5 percent, at $49.16 a barrel.

Campaigning for Britain's vote on EU membership resumed on Sunday after a three-day hiatus prompted by the killing of a pro-EU lawmaker.

Three opinion polls ahead of Thursday's vote showed the 'remain' camp recovering some...


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