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: