CNBC | Oil drops over 2 percent as China slowdown weighs; market loses faith in rebound CNBC Crude oil prices fell over 2 percent on Monday as China's economic slowdown dented the outlook for demand and traders are placing record bets on even lower prices as they increasingly lose faith in a significant market recovery. Global benchmark Brent ... Oil drops over 2 pct as China slowdown weighs; market loses faith in rebound Oil Prices Tumble, Weighed by China Worries Oil nears $32/bbl: Don't rejoice too much; low price for too long can backfire ... |