WATCH: How the oil price plunged to historical lows
Warwick Business School’s David Elmes talks to Business Day TV about the oil price
Oil is on a slippery slope after Saudi Arabia kicked off a price war with one-time ally Russia. This comes after Russia refused to cut back on output on account of the coronavirus.
Business Day TV spoke to David Elmes from the Warwick Business School for his analysis of the issue.
Or listen to the full audio: