Crude oil is kind of like craft beer

There are two main prices of crude oil in the world — Brent and WTI, short for West Texas Intermediate. WTI is the American price and for years it has been sold at a lower price than Brent, but now it has totally caught up.

Marketplace Sustainability Correspondent Scott Tong explains what this tells us about world oil markets.

Produced by Mukta Mohan