Sentences with phrase «oil contracts at»

El Jadi also praised one of the Report's contributors, Najwa El Beshti, a former head of oil contracts at the NOC, who faced an assassination attempt and numerous threats as a result of her work to report mismanagement in the sector.

For example, WTI Crude Oil contracts at CME Group is for 1,000 barrels of a grade of crude oil known as «light, sweet» which refers to the amount of hydrogen sulfide and carbon dioxide the crude oil contains.

In fact, locking in oil contracts at a lower price helped save Southwestern Airlines millions of dollars when oil prices spiked and hurt all other major airlines.

Not exact matches

If the oil traders are right, they can make money by buying oil at today's spot price, selling a futures contract for delivery at the higher price expected in the future and storing the oil in the meantime.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts, the sources told Reuters.

The roll yield is the profit traders can earn when they roll their investment in crude oil futures, which expire every month, into contracts that expire at a later date.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

Meanwhile, the August contract for crude plunged $ 4.40 to close at $ 52.53 (U.S.) a barrel Monday on the prospect of increased oil output from Iran and worries over Greece.

The investment bank argues that the backwardation exhibited in the Brent futures market — a situation in which near term oil contracts trade at a premium to futures dated further out — is a clear sign that the market is on its way to rebalancing.

The contract is an agreement, or promise, for the buyer to purchase oil at a certain price in the future (the spot price) at a certain date in the future (the contract's maturity) from the seller.

For example, you could purchase a futures contract to buy oil at $ 95 per barrel with a delivery date three months from now.

It contracted in the first quarter of the year at an annualized rate of 0.6 per cent — in large part due to the steep drop in oil prices and the failure of other sectors to pick up the slack.

Crude oil futures in the June contract settled last Friday in New York at 67.33 a barrel while currently trading at 68.35 up about a $ 1 for the trading week hitting a 3 1/2 year high & in yesterdays trade prices went up as high as 69.55 before profit - taking ensued.

Some of this new capacity is already under contract, but if oil prices remain low for several years, expiring contracts might be replaced with new deals for less demand, and at far less favorable prices.

The crude oil ETF, which invests in futures contracts, trades near its 10 - year low price of $ 10.48 as of Oct. 18, 2017, after peaking at more than $ 100 on Jan. 1, 2008.

The implications for individual countries suggest continuity as well: Nicaragua and the Petrocaribe states will continue to receive financial aid or oil because these matters are bound to international contracts; thus, at least in the intermediate term, a change is unlikely.

-LRB-... In a presentation Thursday at the Broome County Office Building, a representative from GasFrac Energy Services Inc. said the firm, which has worked on natural gas and oil rigs in Canada and Texas, has had discussions with gas companies about contracting to tap into the state's portion of the Marcellus.

The oil companies are in clear violation of the contracts they signed with the people of Louisiana and at the very least WE SHOULD LET THE COURTS DECIDE.

A US soldier or two, away from the harrowing places they have been sent to secure oil, given time to consider, has probably wondered why their government has contracted with Blackwater now Xe - type mercenaries at ten times the price to pull duties once assigned to them.

It was the winter of 2010 and Jade, 43 at the time, had just gotten a new job contract with a large oil company in Northern Alberta.

For example: Company A enters into a forward contract to buy 1 million barrels of oil at $ 70 / barrel from company B on a future date.

A futures contract is an offer to purchase a set amount of oil for a set price at a future date.

If WTI crude oil is trading on the spot market for $ 60 and the futures contract expiring two years hence is trading at $ 50, an arbitrage opportunity could exist where one sells the $ 60 spot amount and goes long the $ 50 two - year forward price.

Key takeaways include: Looking at commodities, Oil, as measured by WTI futures contracts, has bounced from Read more -LSB-...]

So an oil future could be a contract enforcing the purchase of 100 barrels of oil at $ 25.00 / barrel on June 30, 2016.

For example, Sep 2010 Light Sweet Crude Oil at $ 77 is a contract to accept delivery of 1,000 barrels in September at $ 77 per barrel.

The Businessweek article provides a wonderful illustration: In May 2010, ETFs sold June contracts of crude oil at an average price of $ 75.67 and rolled into July contracts at an average price of $ 79.68.

Futures contracts, traded under the symbol CL, represent 1,000 barrels of oil for delivery at any pipeline or storage facility in Cushing, Oklahoma with pipeline access to TEPPCO, Cushing storage or Equilon Pipeline Company LLC Cushing storage.

If you had bought a Crude Oil > 65.00 contract, it would be in the money and you would get the $ 100 payout at expiration.

Contract oil and gas driller Helmerich & Payne (HP), has the highest three - year earnings growth rate among all the companies in Table 2 at 377.3 %.

This strategy also results in unanticipated, or «windfall» profits: If the contract is purchased forward twelve months at $ 100 and the actual price is $ 150, the refiner will take delivery of one barrel of oil at $ 100 and the other at a spot price of $ 150, or $ 125 averaged for two barrels: a gain of $ 25 per barrel relative to spot prices.

The contango exhibited in Crude Oil in 2009 explains the discrepancy between the headline spot price increase (bottoming at $ 35 and topping $ 80 in the year) and the various tradeable instruments for Crude Oil (such as rolled contracts or longer - dated futures contracts) showing a much lower price increase.

To purchase a contract at more than $ 75 supposes a loss (the «loss» would be $ 25 if the contract were purchased for $ 100) to the agent who «bought forward» as opposed to waiting a year to buy at the spot price when oil is actually needed.

The New York Mercantile Exchange said on Tuesday it will increase margins for its crude oil and related futures contracts, beginning at the close of business on Wednesday.

Using the same futures contract at the same price, quantity, and expiry, the hedging requirements for both the soybean farmer (producer) and the soya oil manufacturer (consumer) are met.

Over his 25 - year career at Heerema, Chris was involved in all aspects of offshore oil and gas marine construction including engineering, operations, procurement, contracting, equipment management, planning, logistics, and project management.

1 Apr. 21, 2016)(unpublished), buyers of seaside property sued seller and a dual broker agent for breach of contract, intentional misrepresentation, negligent misrepresentation, and rescission after dual agent told buyers at a pre-sale stage that foul odors in the house were attributable to «sea air,» when instead they emanated from a post-sale discovery of a buried oil and septic tank on the property.

Whether your case is a multi-million offshore oil exploration dispute, relates to the largest explosion in peace time Europe, a collision or salvage at sea, or a simple breach of contract, Just Costs Solicitors is ready to provide an all - round service.

He has advised and acted in numerous commercial disputes at all levels in the English courts, including the Court of Appeal, and abroad involving a wide range of subject matters, including major telecommunications companies, major oil and gas companies, the music and media industries and the contracts of private individuals.

Training in oil and gas law and contracts to NOCs (Petronas and Kazmunaigas), a Malaysian law firm, KL (June 2014) and Kazakh government lawyers together with British Gas staff and also students at Dundee University.

Major skills: Legal research and consulting; Common Law and Civil Law practice; Business Law practice (Including maritime and aviation law); Incorporation of companies in OHADA member states and in West Africa; Legal assistance of corporate bodies in OHADA member States and in West Africa; Company secretary tasks; Legal translation (French - English / English - French); Training of professionals in Business law practice and court procedures; Negotiation and drafting of business agreements; Debt recovery procedures; Filing of trademarks and patents at OAPI (African Intellectual Property Organisation) and related litigation; Alternative dispute resolution mechanisms (Negotiation, Mediation and Arbitration); Leasing transactions; Drafting of Oil and Gas contracts; Advice on commercial investments options; Legal evaluation and management of projects.

An airline expecting the price of oil to rise, buys a three - month futures contract for 1,000 gallons at current prices.

For instance, purchasing a 24 - month oil futures contract for $ 80 means you agree to purchase oil at $ 80 a barrel 24 months from now, regardless of what the price of oil is at that time.

Products Analyst — Gasoline & Diesel Products • Research and reconcile oil and gas exchange contracts at fifteen locations in the Northeast Gulf Coast region • Responsible for accounting of approximately 5 million barrels monthly per site • Track and reconcile daily and month - end product deliveries to exchange and thru - put agreements • Utilize IBM AS400 with Microsoft Excel and in - house software • Verify and code invoices for payment, record thru - put and storage contractual obligations, and confirm posted transactions

In addition, Realtors ® meet the requirements for Chrysler's «On the Job» program and will receive a two - year oil, lube and filter service contract covering eight oil changes, including diesel, at no cost.