BUZZ-European resource stocks hit 5-yr low as commodity rout continues

** Stoxx 600 Basic Resources index hits a five yearlow with commodities continuing to fall, Glencore off nearly 10pct to record lows

** Thomson Reuters CRB Total Return down another1.7 pct, hits lowest level since late 2003 as commodity exodusshows no signs of letting up

** Concerns of oversupply as global demand slows --particularly from China

** Second worst day YTD for Glencore, down 9.1 pctafter weak results and early strength on the day quickly drawingsellers

** Oil stocks also weak as Brent crude declines 3.3 pct

** WTI approaching $40/bbl level, hits 6-year low

** Tullow drops below 200p barrier for first time in10 years, peers also sharply weaker

** Investors are more underweight EMs and commodities thanthey have ever been, latest BofA-ML fund managers' survey finds (RM: alasdair.pal.thomsonreuters.com@reuters.net)