Oil: How Low Can it Go?

As US oil price falls below $50, does it signal imminent bust for some oil firms? Meanwhile, luxury carmaker Rolls Royce, celebrates record sales today.

Amrita Sen of the oil consultancy Energy Aspects talks about where the oil price is heading, and what it means for the industry. And we talk to Torsten Muller Otvos, CEO of the luxury car-maker, Rolls Royce, which has seen five consecutive years of sales growth despite the global financial crisis. Does this simply underline the growing international wealth gap?

Our regular commentator James Srodes reflects on recent scandals over the misbehaviour of American sports stars. Why, he wonders, has it taken the critical reaction of wealthy corporate TV sponsors, rather than ordinary fans, to force teams, colleges and networks to react?