U.S. crude touches one-week low

U.S. crude prices fell on Monday to the lowest in a week as demand tumbles on commodities in the markets amid sliding risk appetite following Britain's exit from the European Union. 

U.S. crude futures last traded at $46.48 a barrel, down from the opening price of $47.75, with an intraday high at $47.93, and a one-week low at $46.26. 

Crude's current tumble comes amid sliding demand on risk assets in the markets, with investors heading for safe havens as they seek alternative investments in these times. 

On the other hand, the dollar rose against a basket of rivals today to a three-month high, heaping more negative pressure on crude prices. 

The dollar index, which measures the greenback's performance against a basket of six major rivals, last traded at 96.51, compared to the opening of 96.03, with a session-low at 95.79, and a three-month high at 96.70, with the index surging for three straight sessions, pushing it atop three-month highs after trading at a seven-week low last week .