Oil prices fell sharply on Monday after Greece rejected debt bailout terms and as China rolled out emergency measures to prevent a full-blown stock market crash, adding to worries about poor demand growth at a time of global oversupply. The result of Greece’s referendum has put in doubt its membership in the euro, pulling down the single currency EUR= against the dollar. A strong dollar tends to pressure commodities as it makes fuel more expensive for holders of other currencies. Commodities were also sucked into market turmoil that has seen Chinese shares .CSI300 fall as much as 30 percent since June due in part to an economy that is growing at its slowest pace in a generation. Chinese brokerages and fund managers have agreed to buy massive amounts of stocks to support markets, helped by China’s state-backed margin finance company, which in turn would be aided by a […]