Oil Majors Facing 'Ugly Environment': Morilla-Giner

Oil majors including Total SA and BP Plc are facing a "very ugly environment" following a tumble in crude oil prices, according to Pau Morilla-Giner, chief investment officer of London & Capital Group Ltd. He spoke in an interview with Jonathan Ferro on Bloomberg Television's "On the Money." Bloomberg's Javier Blas also participated in the discussion. (Source: Bloomberg)

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17:01 - Guests include: Eurasia Group's Federico Santi, BMO Capital's Brian Belski, Geopolitical Futures founder George Friedman and Goldman Sachs & Co.'s Gary Chropuvka. (Source: Bloomberg)
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