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
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
Ill be back at the top of the hour but now it is time for a special programme. Now its time for menopause and me too young to feel so old. In which women share their experience of menopause early. I thought menopause was something that happened to older women and ifelt like i skipped a whole chunk of my life. I start menopause tomorrow. Even saying it, im like, sorry, is this real . she laughs i didnt know how to react. L i didnt know what. To say. Many of us dont think about the menopause until were in our forties, but it could happen to you earlier. At least one in 100 women in the uk experience it at a much younger age. I dont think there is enough i conversation about menopause in the younger age groups at all. Im getting the word out there for every woman. Being able to control my appearance in any way, shape and form gives me strength because, like, i dont have control over my health and, most of the time, the lack of control is what causes a lot of mental distress. This is soe m
from president biden s home in the us state of delaware. at an emotional meeting in new zealand, jacinda ardern hands over the leadership of her party and country to chris hipkins. you re watching bbc news. now it s time for menopause and me: too young to feel so old. i always thought menopause happened to older people and i skipped a chunk of my life. i thought menopause was something that happened to older women and ifelt like i skipped a whole chunk of my life. i start menopause tomorrow. even saying it, i m like, sorry, is this real?! she laughs. i didn t know how to react. i didn t know what. to sex many of us don t think about the menopause until we re in our forties, but it could happen to you earlier. at least one in 100 women in the uk experience it at a much younger age. i don t think there is enough i conversation about menopause in the younger age groups at all. i m getting the word out there for every woman. being able to control my appearance in any way, s