Wholesale petrol prices have slumped by 35.5 percent since reaching their peak for the year in June, but in more than half of European… U.S. oil prices fell toward six-year lows on Tuesday after stock markets tumbled in China, the world’s largest energy consumer, adding to worries about global fuel demand at a time of heavy oversupply. Chinese stocks fell 6 percent on Tuesday as the yuan weakened against the dollar, raising fears that Beijing may further devalue the currency. Such a move could decrease China’s consumption and import levels. Industrial metals, including copper, also traded near six-year lows, adding to bearish market sentiment. “That is dragging oil lower – it was in bearish territory to start with,” SEB chief commodity […]