Market turmoil in China presents a significant risk to global energy prices.
A miracle could stop it, but miracles have become rare.
Bankers are worried, and energy deals are dying.
The oil price plunge has simply been too great for some investment banks to handle.
Exxon is staying unnervingly quiet.
Problem is not just a glut of oil, but also a glut of capital.
No one backs off. Price plunges.