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Oil Price Drop Follows Fresh Fear For Sputtering Chinese Economy

2015-08-05 11:39:39| Oil & Gas - Topix.net

Oil prices tumbled to a four-month low to start the week, pressured by fresh evidence of a sputtering Chinese economy. China is the world's second largest oil consumer, so its purchasing power clearly matters for the energy industry, whose production, earnings, and share prices have been hobbled by the plunge in prices.

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