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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...

some travel disruption. at the moment all this cloud is streaming our way from the atlantic bring with it some outbreaks of rain. we are seeing these westerly winds are strengthening around the top of that area of high pressure but it is that low pressure that we have got in iceland that will strengthen and move to the north of scotland and sweep down into scandinavia really strengthening that wind. that is a named storm. this wind strengthening today and in the hope there is a lot of cloud around and it is mainly wet and drizzly across western hills and coasts. but it is mild air co...

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...

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...

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...