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 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 as around 15 days of travel time. it increases freight costs. and it has inc
after the game and liverpool championship side middlesbrough will play chelsea. the semifinals take place across two legs next month. we ll have more football results for you injust a moment, but let s stay in england, because a day after the club sacked steve cooper, nuno espirito santo has his feet under the desk at nottingham forest. the portuguese takes charge of his third premier league club after spells at wolves and spurs, asjoe lynskey reports. they re five points above the drop zone. the man in charge hauled them up from the depths of the second tier. but this week at forest, things have changed quickly. steve cooper s been sacked and, within 2a hours, nuno s come in. and forest want him to take them up a level. big, big chance. very honoured. it s a pleasure to be at forest and be able to manage such a great club with such great history. what i expect is to help, to help, try to transmit my knowledge and my ethic work to the players so they can become better, a bett
the draw for the semi finals was made after the game and liverpool will face fulham. championship side middlesbrough get chelsea. the semi finals take place across two legs next month. we ll have more football results for you in a moment, but let s stay in england, because a day after the club sacked steve cooper, nuno espirito santo has his feet under the desk at nottingham forest. the portuguese takes charge of his third premier leaue club after spells at wolves and spurs, asjoe lynskey reports. they re five points above the drop zone. the man in charge hauled them up from the depths of the second tier. but this week at forest, things have changed quickly. steve cooper s been sacked and, within 2a hours, nuno s come in. and forest want him to take them up a level. big, big chance. very honoured. it s a pleasure to be at forest and be able to manage such a great club with such great history. what i expect is to help, to help, try to transmit my knowledge and my ethic work to
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 is what the markets are pricing in and looking at at this point. the market has not entered a panic mode, as we have seen in the past with other geopolitical events, where it starts to pricing supply is lost from the market. right now it is a logistical rerouting what we re seeing, and not kind of that panic and fear that we re going to lose barrels. that obviously can change very rapidly. to venez
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 entered a panic mode, as we ve seen in the past with other geopolitical events, where it starts to price in supply is lost from the market. right now, it is a logistical re routing, what we are seeing, and not kind of that panic and fear that we are going to lose barrels. that obviously can change very rapidly, and we have seen that obviously can change very rapidly. the venezuelan president nicola