Oil Prices on Tailspin www.purnartha.com

Oil Prices on Tailspin

A brutal New Year selloff in oil markets quickened with prices plunging 6% to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude as low as $20 a barrel. Amid an accelerating tailspin that shows no sign of slowing, Monday’s dive — the biggest one-day loss since September — […]

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