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Lisa, President Trump, Alex Longley discussed on 10 10 WINS 24 Hour News

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Burst Details

Lisa, President Trump, Alex Longley discussed on 10 10 WINS 24 Hour News

10 10 WINS |
Last month
10 10 WINS

Automatic TRANSCRIPT

You were your opening up and down stairs for smiling saying thank you Lisa says they're going to try and do it again after Easter tente means news when Susan I'm ten fifty six now Bloomberg moneywatch intent in Wales Americans stay home because of covert nineteen they're driving and flying less and that is helping to send oil prices to multi year lows we've got a double whammy here going on president the drop in consumption but at the same time the sharp rise in production and things are what make your site she cried Alex Longley wrote the story for Bloomberg news and he says with all of that excess oil the world's super tanker owners are seeing a boom in business one of the world's largest instead of trying to build because of crude oil because there's nowhere else to put it the best being that even with the lease rates of as much as a hundred and twenty thousand dollars a day there's still money to be made by traders if the price of oil suddenly jumps right to think about it is an oil tanker call say one of the fifty two dollars a barrel on crystal and you may be able to make four or five dollars a barrel three the profit from the creepy pickup one estimate says the amount of oil in floating storage could top one hundred million barrels Bloomberg money what should twenty six and fifty six past every hour I'm Charlie palette for ten ten wins was seized on ten fifty seven cultivators of the cul de sac and run.