US oil crashes in world market

Written by M.R. Faith on August 12, 2015

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UNITED States of America, August 12 (Eagle News) — The price of United States oil crashed in the world market at $43.08 per barrel, the lowest price of oil since March 2009.

Said price crash was brought about by the devaluation of the Chinese yuan due to slow economic growth of China.

(Eagle News Service Jay Paul Carlos, Jericho Morales, MRFaith Bonalos)

https://youtu.be/hY1GYR9g5Wc

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