Reuters | Oil slides below $33 to near 12-year low as China turmoil rattles investors Reuters "European crude and product inventories are close to full with Asian inventories moving closer to capacity during Q1 2016, with global residual surplus most likely having to be stored in the U.S., resulting in a potentially rapidly rising U.S. oil ... Oil Slides Below $33 on China Turmoil Nasty day for stocks: Dow drops 200 points |