Oil prices dipped to levels not seen in over a decade, amid a tumble in Chinese equities that rattled investors already concerned by near-record production and massive stockpiles of unwanted crude and refined products. Regional currencies and stock markets tumbled globally as the offshore yuan fell to its lowest since trading started in 2010. China's stock markets were suspended less than half an hour after opening, the second emergency suspension this week.
Brent fell to a low of US$32.16, a level not seen since April 2004, before recovering to US$33.4. US crude futures fell to US$32.1, its lowest since late 2003, before bouncing to US$32.9.
08-Jan-16 
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