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Retailers benefit from declining oil prices

The free-fall of the price of crude continued on Wednesday as U.S. oil prices dropped below $61 per barrel, a five-year low. Brent crude — the international benchmark — also dropped to five-year lows at below $65 per barrel. That slump has also lead to plummeting gas prices. That’s not good news for oil producers but it is for consumers, retailers, and delivery services — like Lehrer’s Flowers in Denver. CCTV America’s Hendrik Sybrandy reported this story from the U.S. state of Colorado. Watch CCTV America LIVE on your computer, tablet or mobile www.cctvamericalive.com Subscribe to CCTV America: http://goo.gl/tgGT98 Follow CCTV America: Twitter: http://bit.ly/15oqHSy Facebook: http://on.fb.me/172VKne »» Watch CCTV America 2:00pm -- 9:00pm EST daily «« Washington, DC (and greater area) • MHz - Channel 3 • COMCAST (Xfinity) - Channel 273 • FIOS - Channel 277 New York City • Time Warner - Channel 134 • FiOS (Verizon) - Channel 277 Los Angeles • Charter Cable - Channel 562 • Time Warner - Channel 155 Satellite Nationwide • DISH TV - Channel 279