CNBC | Oil hits 6-1/2-year low on China and oversupply CNBC Oil prices hit 6-1/2-year lows on Monday after Chinese stock markets suffered their biggest one-day fall since the global financial crisis, intensifying worries over the outlook for global oil demand. Inaction by the Chinese government following an 11 ... Oil prices hit six-year low on oversupply and China woes Oil Tumbles to Fresh Lows on China Market Turmoil Oil prices at new 6.5-year lows; Brent and WTI fall below $45 and $40 respectively |