CNBC | US oil settles down $1.75, or 5.28%, at $31.41 a barrel CNBC A brutal new year selloff in oil markets deepened on Monday, with prices plunging more than 6 percent to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude into the $20s. On Monday, China's blue-chip stocks fell ... 'Lower for longer:' Oil prices crater to 2003 levels Oil Tumbles, Analysts Warn of $20 Price Tag Crude reckoning: what will oil price slump mean for the global economy? |