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Home > World Business Report > Update: Oil Price Plummets to Year-Low
Podcast: World Business Report
Episode:

Update: Oil Price Plummets to Year-Low
Category: Business
Duration: 00:06:55
Publish Date: 2018-11-23 17:31:00
Description: The price of oil has dropped to its lowest all year. With a glut in supply and lessening demand, OPEC is pushing allied producers including Russia to join in output cuts of 1 million to 1.4 million barrels per day to shore up the price. The BBC's Middle East Business Reporter Paul Blake joins the show to explain what various factors are pushing oil prices down. And we'll have a view on the week's trading on the US markets from Susan Schmidt of Aviva Investments.
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