The continuously falling oil price has engendered shocks extending far from oil industry to financial markets. ANBOUND research team notes that international investment banks holding tremendous oil reserves might suffer great losses due to persistent oil price drop. This, together with the possibility that oil exporting countries might withdraw petrodollars from financial markets due to financial concerns, might strike international financial markets. The continuous oil price falling might also bring drawbacks to external oil facilities of domestic banks, which, in case of deterioration, might further lift up the already soaring non-performing loan ratio of Chinese banks.