Oil claws back some losses as producers cut output
Russian oil companies will cut output by about 19% from February levels
Oil prices dive as Britain votes to leave European Union
Market contagion hits oil hard with Brent crude falling down $2.47 to $48.44 a barrel
Oil falls 3% in trading on oversupply concerns
Brent crude, the global benchmark, down 84 cents at $31.34 a barrel on Monday
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