Oil at Lowest Price since 2003, Markets React

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The Dow Jones Industrial Average took another hit today… down as much as 500 points in early trading. Other investment indexes plunged, too. Now that Iran is back in the oil business, the price of crude has dropped to the point where the market may be drowning in "oversupply." Gurpal Dosanjh is an energy analyst for Bloomberg Intelligence.

Credits

Guest:
Gurpal Dosanjh - Bloomberg Intelligence

Host:
Warren Olney

Producers:
Andrea Brody, Sarah Sweeney, Christine Detz