Price of oil falls to a five-year low
The price of oil has dropped to its lowest point in five years.
A slow-down in manufacturing in China and Europe and increasing supply have been the main reasons for this drop.
A price of a barrel of Brent Crude reached a nadir of $67.53, which hit several oil-producing countries, in particular Russia, very hard.
Robert Peston reports.
02 Dec 2014
- From the section Business