BBC News | Oil price tumbles to below $33 BBC News Oil prices tumbled to $32.62 a barrel on Thursday as a result of rising US energy stockpiles and China's weakening currency. Brent crude fell 4.7% while US West Texas Intermediate was down 3.9%. For US oil, that was its lowest point since touching $32 ... US oil sheds 5.56%, posts worst settle since Dec. 2008 Oil extends losses on China growth worries MarketsBrent crude oil breaks through $33 a barrel |