Dubai Crude Price Crashes To Lowest Since 2004, Stocks Hit 2 Year Lows

Dubai Light Crude prices have plunged overnight, crashing the spot price below the 2008 lows for the first time, to its lowest since 2004.This is continuing to weigh on Dubai's once-exuberant equity market which just hit fresh 2-year lows as financials and property companies plunge .... http://www.zerohedge.com