Reuters | US crude falls $2 on China data, slim hopes of OPEC deal CNBC Oil fell up to 5 percent on Monday as weak economic data from China, the world's largest energy consumer, reversed a four-day rally from last week and an OPEC source undermined chances of an emergency meeting to stem the decline. Oil falls 5 percent on China data, slim chances of OPEC deal Oil - The 3 Biggest Worries At midday: TSX down as oil prices fall, dour data weigh |