Falling oil prices: Is history repeating itself BBC News

The price of oil on global markets has collapsed almost 60 since June 2014, punching a big hole in the pockets of the big producers and creating thousands of job losses. The falling price of a barrel of oil has made headline news around the world as demand fails to match supply. But we ve been here before as veteran financial journalist Mickey Clark remembers. Subscribe to BBC News HERE Check out our website: Facebook: