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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 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...

BBCNEWS Asia July 6, 2024 - Vimarsana News

BBCNEWS Asia July 6, 2024

—— around 0.32%. some reprieve, 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 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 incr...

FOXNEWSW The July 6, 2024 - Vimarsana News

FOXNEWSW The July 6, 2024

should the biden team be in panic mode? they're playing it cool. we just saw karine jean-pierre in there. look at the numbers. more tough numbers and a major slip among a key really the essential voting group for winning elections. independents. the current president is now 14 points lower than he was with these voters just in july. and a stunning turn-around -- we'll talk to experts to explain this one. young voters in a 2024 hypothetical now lean trump. they overwhelmingly voted for biden in 2020. a lot of factors here that we'll dig in to to what going on here. how long can the pr...