Crude oil in particular managed to give back all of Wednesday's gains after dismal inventory data on Thursday, and yet again finds itself at a key intersection of important support which typically has been wise to buy into.
Also like the GSCI, it has heavy exposure to energy (over 70 %), and WTI crude and Brent
crude oil in particular (almost 50 %).
Not exact matches
High demand for diesel and home heating fuel
in particular means refineries are willing to pay more for
crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Servi
oil, said Tom Kloza, global head of energy analysis at
Oil Price Information Servi
Oil Price Information Service.
First, I want to look at how the changes not just
in oil prices, but also changes
in diluent costs, discounts for
oil sands
crude relative to light
crude and,
in particular, the fall of the Canadian dollar have changed the outlook for new
oil sands projects — for those under construction, and for those currently operating.
If you look at
crude oil price somewhere
in the area of $ 80 to $ 90, we have about 650,000 barrels per day of production that need to be supported at that
particular level.
The main concern is
crude oil stored
in tanks near the wells,
in particular a report that one tank, from a site operated by Anadarko Petroleum, has released almost 20,000 litres of
oil into the South Platte river, south of the town of Milliken.
Nathan says high prices have made it increasingly economically viable to extract more unconventional forms of
oil,
in particular the asphaltlike tar sands (also known as
oil sand, or extremely heavy
crude oil) plentiful
in northern Alberta, Canada.
Effective immediately, the Emergency Order (Docket Number DOT - OST -2014-0067), requires that each railroad operating trains containing more than 1,000,000 gallons of Bakken
crude oil, or approximately 35 tank cars,
in a
particular state to provide the SERC notification regarding the expected movement of such trains through the counties
in that state.
There is a simplicity
in his gestures, his way with wood, his insistence on found objects sourced from his Niger Delta village and
in particular his dissembled canvases, pulled apart one thread at a time that are at odds with an environment defined by imports, plastic and the production of
crude oil.
Transporting toxic
crude oil — and tar sands
in particular — is inherently dangerous, more so because
oil companies care about profit, not public safety.
Crude oil stream: Crude oil produced in a particular field or a collection of crude oils with similar qualities from fields in close proximity, which the petroleum industry usually describes with a specific name, such as West Texas Intermediate or Saudi L
Crude oil stream:
Crude oil produced in a particular field or a collection of crude oils with similar qualities from fields in close proximity, which the petroleum industry usually describes with a specific name, such as West Texas Intermediate or Saudi L
Crude oil produced
in a
particular field or a collection of
crude oils with similar qualities from fields in close proximity, which the petroleum industry usually describes with a specific name, such as West Texas Intermediate or Saudi L
crude oils with similar qualities from fields
in close proximity, which the petroleum industry usually describes with a specific name, such as West Texas Intermediate or Saudi Light.