FIRST AIRED: May 23, 2017

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00:00:00
oil prices just keep pouring benchmark Brent crude sinking below thirty dollars a barrel Thursday after twelve year learn about seventy percent off the peak seen in twenty fourteen , there was no deal Ross different countries and companies that depend on the black stuff , major oil producing nations reeling Russia was banking on crude , two dollars a barrel to balance its books this year now it faces tough choices over spending cuts , even Saudi Arabia facing a massive budget short for the oil income slump , UK policymakers getting a headache to the bank of England announcing its latest policy decision on Thursday it was long expected to raise rates anytime now but may hesitate you'll desperation will choke off growth , where major oil producer in Europe at the North Sea produces about million barrels per day of crude employs thousands of people in Scotland and the rest of the UK and , not everyone unhappy about low oil prices go General Motors saying you Este old arresting these awful witnessed in December , humans at least seem to be enjoying a new era sheet driving