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Weekly Fundamentals – Recording Double-Digit Losses, Crude OIl Begins 2016 with a Weak Note

Crude oil prices ended the first week of 2016 in red, with both benchmarks registering losses in every trading day. Oversupply concerns were exacerbated by the roiling Chinese financial markets, as investors expressed their heightened worries over Chinese slowdown through dumping Chinese shares and renminbi.

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Weekly Fundamentals – Recording Double-Digit Losses, Crude OIl Begins 2016 with a Weak Note

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