OilPrice.com | China devaluation sends oil to 6-year low MarketWatch China's decision to devalue the yuan sent the U.S. oil benchmark tumbling Tuesday, settling at its lowest level in more than six years on worries over the health of the Chinese economy and the country's appetite for crude. Light, sweet crude futures ... When Will Oil Prices Turn Around? EIA cuts 2016 oil price forecast as crude trades below 6-year low API crude oil inventories: -847000 barrels |