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PBS News Hour

What’s driving the global glut of oil

A year ago, crude oil was trading at more than $100 a barrel. Now, the price of oil is down more than 60 percent from its peak. Gwen Ifill speaks to The Wall Street Journal’s Russell Gold to understand the drop and how it affects the U.S. economy.
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January 16, 2026 - PBS News Hour full episode
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Season 2026 Episode 16
January 16, 2026 - PBS News Hour full episode
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56:46
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January 5, 2026 - PBS News Hour full episode
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