Fortune | Oil Prices and Asian Markets Tumble Yet Again Fortune “There's no sign of improvement in the oil market. Demand is slowing in many emerging markets and in the U.S, which is the world's biggest consumer, oil inventories stood high,” said Shuji Shirota, head of macro economic strategy at HSBC in Tokyo. MarketsMarkets 'pulled along by wiggles in oil' Oil lifts stocks off lows, yen and low-risk debt in favor Asia stocks sell off, ASX loses 2.3% |