Sentences with phrase «crude oil stayed»

Not exact matches

His strategy for BBL was to trade oil «across the barrel» — refined products as well as crude itself — and to stay focused on short - term opportunities while keeping one eye on the horizon.

Crude oil futures are at just over $ 44 / barrel, after the International Energy Agency forecast prices would stay in the doldrums through 2020.

Stay tuned for updates on this developing story of how Vancouver, the «greenest city in the world,» may quietly become the main tanker route for oil sands crude bound for China.

Oil prices are soaring on the OPEC deal news, and as of 10:50 AM (EST), WTI Crude was surging 7.21 percent at US$ 48.49, and Brent Crude was soaring by 7.65 percent at US$ 50.94, staying above the US$ 50 mark for a couple of hours now.

Now U.S. crude oil is trading above $ 60 and I think it could stay in a range of $ 60 - to - $ 70 a barrel in 2018.

Crude oil prices in 2018 are projected to stay around US$ 50.3 per barrel reflecting the higher - than - expected US shale production and production recoveries in Libya and Nigeria.

Nigeria continues the absurdity of expending more than 30 % of scarce foreign currency importing refined petroleum products, a self - imposed malaise as we insist on subsidizing domestic fuel consumption; and crude oil and gas as a percentage of our export revenue stays at 96 % meaning beyond all the talk of diversification, current rhetoric does not match the outcomes!

But the administration has now taken a similar tack on a number of other controversial projects, staying silent rather than approving or blocking them, including a major proposed propane storage project in the Finger Lakes, the construction of new liquefied natural gas storage areas across the state and a crude - oil heating facility at the Port of Albany.

In a statement it's National Publicity Secretary, Kola Ologbondiyan, the party said, «It was alarming that President Buhari buckled in bilateral negotiation and failed to address the issue of the drop in the US purchase of our crude oil, which is the main stay of our economy».

Stay tuned to our members daily trade setups commentary for ongoing updates on Crude Oil and other commodities.

What this argues for is crude oil prices staying lower for a longer period of time — my guess is between $ 30 and $ 50 per barrel of Brent - type crude.

It seems the more things change, the more they stay the same, from salt through many minerals and other commodities and now, crude oil.

But just 32 percent of American oil comes from offshore sources, and total U.S. production of crude oil and liquid fuels in 2011 is expected to stay near 2010 levels, which were higher than any other year in the past decade.

Meaning that if crude oil continues to stay below $ 75 for long, oil companies likely will suffer serious losses.

So long as the conventional crude oil price stays above 31.5 USD2006 / boe (excluding profits) it is profitable to extract oil sands.

It depends, how long will crude oil prices stay low?