Reuters | Shale boom fears add to meltdown for oil's worst week since 2016 gulfnews.com The last time American oil had such a bad week two years ago, the commodity was trading near a $26 bottom. On Friday alone, futures in New York lost almost $2, settling below $60 a barrel for the first time this year as the unravelling of global equity ... China to launch own crude oil futures contract on March 26 China plans to launch crude oil futures on March 26: securities regulator China to launch rival oil futures market in spring - The Telegraph |