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Plunging Prices for Oil | Made in Germany

2014-11-19 1 Dailymotion

Crude oil prices are in free fall. Even with wars and conflicts taking place in many oil-producing countries, the price of crude has dropped about 30 percent in the past months.<br /> The price drop is largely due to an oil glut, caused by the proliferation of modern fracking technology in the US and over-production in some export countries. For many of the other exporting countries, the price war poses an ever-greater dilemma. Claudia Laszczak takes a closer look.<br />For more from Made in Germany go to http://www.dw.de/program/made-in-germany/s-3066-9798

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