Money Talks: Oil storage, Patrick Fok reports

111 views · Published 9 August 2016 · 2:29 · Indexed 31 October 2026

Channel: TRT World · 2016 · News & Politics

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Venezuela is sending two supertankers filled with oil across the oceans to Singapore. A glut of oil there means that tankers are being used to store oil offshore, because onshore facilities are full. However this move may be a costly mistake if oil prices continue to fall. TRT World’s business programme looks at the financial news that affects ordinary people. Matthew Moore presents ‘Money Talks’ from TRT World’s studios in Istanbul. From Wall Street to Main Street ‘Money Talks’ helps the 99% navigate their changing financial world.

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