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BizDaily: Oil Price: Using super-tankers for storage

January 12th, 2015

Episode 125 of 644 episodes

We explore the effect a crashing oil price is having on oil companies - it's reported some of them are renting entire ocean-going super-tankers just to store the stuff while they wait for the price to rise. Also, in the year of a crucial global Climate Summit, we ask what cheap oil means for the renewable energy market. Apart from that, a leading Malawian entrepreneur, Gospel Kazaku, reveals his recipe for how to make it in business in Africa. And Lucy Kellaway of the Financial Times announces her annual awards for last year's most ludicrous business jargon.

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