Will Oil Drop Below 20 Dollars A Barrel?

Published 28th Aug 2015

The Professor of Petroleum Accounting at Robert Gordon University Alex Russell fears the price of oil could fall to $20 a barrel in the coming months.

The stock market crisis has seen a barrel fall below $45 this week, although it has rallied slightly overnight.

But if the Chinese economy continues to falter, and Iran is allowed to export more oil, things could get worse over the next six months.

Professor Russell's been speaking to Hope Webb from MFR News: