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Oil Prices Fall as Ship Blocking Suez Canal Partially Refloated

2021-03-29 11:10:00| OGI

Now that the Suez mini-crisis is being resolved the oil market is left to its own fundamental devices again, says PVM Oil Associates analyst Tamas Varga.

Tags: prices fall oil ship

 

The Suez Canal blockage explored in numbers

2021-03-29 01:51:10| BBC News | Business | UK Edition

The costs are mounting as efforts to free the stranded Ever Given ship go into a sixth day.

Tags: numbers canal explored suez

 
 

'Our customers are worried about the Suez Canal blockage'

2021-03-27 00:47:22| BBC News | Business | UK Edition

A freight forwarding firm says it has 20 containers stranded on the Ever Given container ship.

Tags: customers canal worried suez

 

Oil Prices Rise over 3% on Fears Suez Blockage May Last Weeks

2021-03-26 14:55:00| OGI

Oil prices, however, were still headed for a third consecutive weekly loss, with the outlook for demand dented by fresh coronavirus lockdowns in Europe despite the Suez Canal blockage.

Tags: weeks prices oil rise

 

Suez blockage is holding up $9.6bn of goods a day

2021-03-26 03:19:53| BBC News | Business | UK Edition

The stranded mega-container is costing $400m (292m) an hour in goods that can't be moved east or west.

Tags: day goods holding suez

 

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