Oil prices near six-year low, oversupply among main reasons
RT
2015-08-09
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Oil prices have slid to an almost six year low. Among the main factors fueling the low price is oversupply. Last autumn the group of major exporters, OPEC, additionally contributed to the slump by refusing to cut production. Cheer-leading that decision was Saudi Arabia. READ MORE: http://on.rt.com/6ojg
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
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