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Brent and US oil mark fresh 6-1/2-year lows on China and oversupply - CNBC
CNBC | Brent and US oil mark fresh 6-1/2-year lows on China and oversupply CNBC Brent and U.S. crude oil futures hit fresh 6-1/2-year lows on Monday to drop below the latest supports of $45 a barrel and $40 a barrel each as investors fretted that a slowing Chinese economy will lead to weaker demand amid a global supply surplus. Oil Price Pressure More Financial Than Physical: Morgan Stanley Here's why oil is setting the stage for a significant rebound MarketsFresh lows for oil: crude below $40, Brent sub $45 |
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