Bloomberg | Crude's drop below $38 marks 'epic' time in the oil market MarketWatch Oil prices have been under pressure for several months due to oversupply concerns, but the slump has deepened in recent weeks on fears of a sharp slowdown in the Chinese economy and its impact on global markets. The recent devaluation of the yuan has ... Bullish Oil Bets Sink to 5-Year Low as Futures Flirt With $40 |