Why the World Is Awash With Cheap Oil

Bloomberg Originals explores why the world is awash in cheap crude oil, how geopolitical tensions don’t have the same effect on price they once did and what this glut means for the global economy. Get Bloomberg's Energy Daily newsletter https://www.bloomberg.com/account/newsletters/elements?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=newsletter&sref=bgqUwao5 -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for just $1.99 your first month: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.