Here's Why Oil Prices Have Tanked Four Times In Three Decades

Oil prices have have rebounded more than 40 percent over the past month, a welcome change for industrial distributors with customers tied to the oil and gas industry. So why did oil prices fall so far to begin with? Bloomberg examines the causes behind this one, and those in the past.

Bloomberg
Mar 17, 2016

Oil prices have have rebounded more than 40 percent over the past month, a welcome change for industrial distributors with customers tied to the oil and gas industry. So why did oil prices fall so far to begin with? Bloomberg examines the causes behind this one, and those in the past.

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