Watch What's next for oil? | CNBC Explains in New Channel | Channify

More than half of the world’s oil fuels transportation like cars, trucks, and planes. But in the age of electric vehicles and renewable energy, CNBC's Elizabeth Schulze asks, what's next for oil? Correction: An earlier version of this video mislabeled footage of Bangladesh and included an incorrect map of China. The video has been updated to reflect these changes. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi