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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 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 ....

Energy Markets , Giant L Oreal , Shipping Advisors , Asia Business Report , Suranjana Tewari , Red Sea , Supply Chain Disruptions , Consumer Groups , Oil Prices , Energy Giants , Energy Trader , Rebecca Babin , Suez Canal , Shipping Costs , Freight Costs , Insurance Costs , Pricing Supply , Panic Mode , Alex Saab , Nicolas Maduro , Government Officials , Money Laundering Charges , United States , 350 Million , 50 Million , Leonard Glenn ,

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 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 ....

Giant L Oreal , Prisoner Swab , Prisoner Swap , Suranjana Tewari , Red Sea , Asia Business Report , Supply Chain Disruptions , Consumer Goods , Warning Clients , Energy Trader , Rebecca Babin , Energy Giants , Oil Prices , Shipping Costs , Suez Canal , Freight Costs , Insurance Costs , Panic Mode , Re Routing , Alex Saab , Nicolas Maduro , Money Laundering Charges , 50 Million , 350 Million , Podcast Fat Leonard , Government Officials ,

BBCNEWS Sportsday July 6, 2024

middlesbrough will play 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 league club after spells at wolves and spurs asjoe lynskey reports. they are five points above the drop zone. the man in charge hauled them up from the depths of the second tier. this week at forest, things have changed quickly. steve cooper has been sacked and within 2a hours nuno s comes in. forest wants him to take them up a level. big chance. very honoured, it is a pleasure to be here at forest and be able to manage such a great club with such great history. what i expect is to help. try to transmit my knowledge and work ethic to the players so they can become a better team. this is what we want. he arrives with reputation but with poin ....

Nuno Espirito Santo , Paris Olympics , Premier League , Semi Finals , Jurgen Klopp , League Cup , West Ham , Curtis Jones , Premier League Club , Steve Cooper , Northern England , Football Results , Play Chelsea , Nottingham Forest , Drop Zone , Asjoe Lynskey Reports , Second Tier , Work Ethic , Fa Cup Semi Final , His Nextjob , Club Neverformed , Survival Blend , Al Ittihad , Merry Go Round , Forest Back , The Club ,

BBCNEWS Sportsday July 6, 2024

was made after the game and liverpool will face fulham and championship side middlesbrough will play 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 league club after spells at wolves and spurs asjoe lynskey reports. they are five points above the drop zone. the man in charge hauled them up from the depths of the second tier. this week at forest, things have changed quickly. steve cooper has been sacked and within 2a hours nuno s comes in. forest wants him to take them up a level. big chance. very honoured, it is a pleasure to be here at forest and be able to manage such a great club with such great history. what i expect is to help. try to transmit my knowledge and work ethic to the players so they can become ....

Nuno Espirito Santo , Jurgen Klopp , League Cup , West Ham , Premier League , Paris Olympics , Semi Finals , Curtis Jones , Northern England , Football Results , Play Chelsea , Premier League Club , Steve Cooper , Nottingham Forest , Drop Zone , Asjoe Lynskey Reports , Second Tier , Work Ethic , Fa Cup Semi Final , His Nextjob , Club Neverformed , Al Ittihad , Survival Blend , Merry Go Round , Forest Back , The Club ,

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 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 c ....

Prisoner Swap , Shipping Advisors , Asia Business Report , Suranjana Tewari , Red Sea , Supply Chain Disruptions , Consumer Groups , Oil Prices , Energy Giants , Energy Trader , Rebecca Babin , Suez Canal , Shipping Costs , Freight Costs , Insurance Costs , Panic Mode , Pricing Supply , Sri Lanka , World Bank , 250 Million , 50 Million , Business Correspondent , Information Situation , Foreign Exchange Reserves , Bailout Package , 2 9 Billion ,