Oil price tumbles to near 12-year lows

FRANCE 24 English 2016-01-12

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The price of oil has tumbled to near a 12-year low after jitters over the Chinese economy sparked fears the world's second-largest economy's demand for oil would weaken. Oil is now 70% cheaper than it was in June of 2014. Also today: we look at the Chinese conglomerate that's bought a major American film studio.



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