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Investors Iraq News
09-05-2015, 01:43 PM
Amidst oversupply and Chinese economy woes, oil slumps six year low

Global stock market continues falling and oil price has slumped to six year low. The concern is looking a grave one, as slow down of Chinese economy is a major factor. Brent and US crude futures fell below $45 and $40 a barrel respectively as global investors assessed the contagion risks of China's volatile stock market.

Source: IraqDirectory.com (http://iraqdirectory.com/en/2015/08/26/29982/amidst-oversupply-and-chinese-economy-woes-oil-slumps-six-year-low.aspx)

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