![]() ![]() "The market is going to look for specific supply disruptions that actually helps tighten balances before we see a significant increase in prices." "Even if there are attacks we're not expecting any oil supply losses on the back of it," Sen said. "We've seen some inventory builds toward year end and that's why the market just isn't sensitive to this." ![]() "We haven't seen prices react much in part because fundamentals are softer for crude right now," Amrita Sen, founder and director of research at Energy Aspects, told CNBC on Wednesday. crude and the global benchmark settling more than 1% lower on Tuesday despite Maersk's decision to continue avoiding the Red Sea due to attacks by the Houthis. Oil prices have been volatile this week, with U.S. "But neither will we shrink from the task of defending ourselves, our interests, our partners, or the free flow of international commerce," Kirby said. "The United States does not seek conflict with any nation or actor in the Middle East," National Security Council spokesperson John Kirby told reporters during a White House briefing Wednesday. ![]() and 12 allies called Wednesday for the Houthis to immediately halt "these illegal attacks," warning the militants would "bear the responsibility of the consequences should they continue to threaten lives, the global economy, and free flow of commerce in the region's critical waterways." German shipping company Hapag-Lloyd confirmed Wednesday that it would continue to avoid the Red Sea. This comes a day after Danish shipping giant Maersk halted all shipping through the Red Sea until further notice due to repeated Houthi attacks on vessels. French shipping giant CMA CGM told CNBC in a statement that the vessel "did not suffer any incident." Houthi militants, who are based in Yemen and backed by Iran, claimed Wednesday that they targeted the CMA CGM Tage container ship. The Brent contract for March added $2.36, or 3.11%, to settle at $78.25 a barrel. The West Texas Intermediate contract for February gained $2.32, or 3.29%, to settle at $72.70 a barrel. ![]() Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower In lieu of flowers, the family suggests donations in her name to Christ the Mediator Lutheran Church or Chicago House, ISAC's headquarters in Egypt, contact Bill Cosper at the ISAC, 1155 E 58th St, Chicago, IL 60637.Best Debt Consolidation Loans for Bad Credit She was also cherished by the child, the adoptive parents, and the birth parents.Ī memorial service will be held on Saturday, January 20th 2024 at 1:00 PM at the Christ the Mediator Lutheran Church (3100 S Calumet Ave, Chicago, IL 60616). She was loved and cherished by many people including : her husband Klaus Baer her daughter Miriam and her nieces, Sandra Koterba, Joan Unkel and Carol Martone Muntz. Family and friends are welcome to leave their condolences on this memorial page and share them with the family. It is with great sadness that we announce the death of Miriam Frances Reitz of Chicago, Illinois, born in Regina, Saskatchewan, who passed away on December 19, 2023, at the age of 87, leaving to mourn family and friends. ![]()
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