Brent and WTI lost about 4 per cent each as investors fretted that the global economy could be thrown into turmoil if the UK votes next week to ditch its EU membership
Tensions arising from Britain's June 23 referendum on EU membership have reopened a bond market fault line over the last week
On the other hand, Vladimir Putin suggested David Cameron was trying to "blackmail" Europe with the EU referendum
The pound was last up 1.06% against the dollar at $1.4350, after reaching a one-week high of $1.4387 on Friday
He also said some people tended to blame Russia for everything, his country bore no responsibility for Britain's decision to hold referendum
A British vote in favour of leaving the European Union is the risk that worries us the most at the moment: Ignazio Visco
Cameron said leaving European Union will damage trade and investment in Britain will suffer
Sushma Swaraj also told that it was for the people of Britain to decide whether they like to stay within the EU or not
Free movement of people from Europe hampers the £4-billion industry's ability to bring in chefs from Indian sub-continent
UK's PM urged voters to consider the economic impact of leaving the 28-member bloc
The invisible thread that links assets as diverse as gold, bank stocks, the Japanese yen and government bonds would be yanked sharply by Brexit
Gold sees big buying, as central banks around the world hold rates
The curve in the euro against the yen is the most inverted at the front end since the financial crisis, according to Christopher Xiao
Brexit is reopening euro zone sovereign wounds
Stock markets in Tokyo, Hong Kong and Shanghai fell by around 3%
British public opinion is too close to call on whether the country should stay in the European Union, with many voters still undecided as interest groups and political leaders make their cases, according to two polls released this weekend.An online survey by Opinium for the Observer newspaper showed 44 per cent support Britain remaining in the 28-nation bloc, up from 43 per cent a week ago. Some 42 per cent of respondents backed leaving the EU, also up 1 point from the poll released on June 4, as attitudes start to crystallise ahead of the June 23 referendum, but the differences aren't statistically significant.A YouGov online survey published in the Sunday Times showed 43 per cent backed leaving, up one percentage point from a June 7 poll, and 42 per cent favoured remaining, unchanged from a week earlier. On Saturday, US Treasury Secretary Jack Lew added his voice to a chorus of leaders from within and outside the EU about the risks of pulling out of the European Union."I see only neg
The timing could hardly be worse, as the EU struggles with its biggest migration crisis since World War II and faces a growing threat from terrorism
Betting odds on a British vote to exit the European Union narrowed on Saturday after an opinion poll gave the "Leave" camp a double-digit lead over "Remain
Ahead of the June 23 referendum on European Union membership, the race is looking close
Investors are holding on to their wallets and prefer to wait for the event to unfold