CNNMoney | Oil prices hit 12-year low as fears about China grow CNNMoney Oil prices slumped to a 12-year low on Thursday, as another dramatic fall on China's stock markets stoked fears of slowing demand in the world's second biggest economy. U.S. crude futures dropped more than 5% in early trade to just above $32 per barrel ... Wall Street swoons on China shock, oil slide Dow futures off triple digits amid China turmoil, oil slide Wall Street opens sharply lower on China woes, oil slide |