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BBCNEWS Asia July 6, 2024 - Vimarsana News

BBCNEWS Asia July 6, 2024

through those routes. 0vernight, oil prices dipped, but will it last? for a closer look at the energy markets, let's speak to rebecca babin. she is a senior energy trader at cibc private wealth. great to have you on the programme. how much other concern is this price rise? 50 how much other concern is this price rise? ~' how much other concern is this price rise? ~ _, . rise? so i think the concern right now is really _ rise? so i think the concern right now is really kind _ rise? so i think the concern right now is really kind of _ now is really kind of concentrated on the longer sh...

BBCNEWS Asia July 6, 2024 - Vimarsana News

BBCNEWS Asia July 6, 2024

rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. that i...

BBCNEWS Asia July 6, 2024 - Vimarsana News

BBCNEWS Asia July 6, 2024

i think the concern right now is really kind of concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased insurance costs. so that is what the market is pricing and looking at this point. the market has not ente...

BBCNEWS The July 6, 2024 - Vimarsana News

BBCNEWS The July 6, 2024

his father is among the 20,000 reported dead. but the survivors do not think of the dead in figures of thousands. theirs is an intimate reckoning, counted in the vanished faces of those they love. from the beginning, they have known there is no escape. from gaza... ..orfrom grief. in al—aqsa hospital, in central gaza, the wounded child holds to symbols of a vanished normality. in a bed nearby, rama, aged 13, who lost ten members of herfamily, and fears she will lose her arm and leg. translation: i appeal to the arab countries to help me get urgent - treatment abroad before i lose m...

BBCNEWS Asia July 6, 2024 - Vimarsana News

BBCNEWS Asia July 6, 2024

but will it last? rebecca babin is a senior energy trader at cibc private wealth. she gave me her predictions. i think the concern right now is really concentrated on the longer shipping time. the market is not pricing in that we actually lose barrels from the market as a result of what is happening in the suez canal. what it is concerned with right now and the reason it has risen 6% is because the shipping costs associated with travelling around the southern tip of africa to reach its destination adds around 15 days of travel time. it increases freight costs. and it has increased in...