Is Oil Heading as Low as $15 or $20 a Barrel?

David Kotok of Cumberland Advisors explain why oil could drop to $15 or $20 per barrel as the market stays in an extended selloff. He speaks on "Bloomberg Surveillance." (Source: Bloomberg) (Corrects quoted oil price in headline and description.)

Dubai Risks Losing Allure on Oil Slump
10:22 - Oil's stubborn refusal to rebound back to high double digits appears to be taking the shine off of Dubai as an expat haven. Official data on jobs isn't publically available, but stories of moving trucks and farewell parties are increasingly common. Bloomberg's Zainab Fattah reports on "Bloomberg Markets Middle East." (Source: Bloomberg)
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