Sentences with phrase «wti crude oil prices»

Crude oil prices in Canadian dollars for Brent (North Sea, UK), West Texas Intermediate (Cushing, OK, USA), and Edmonton Par.

Even Malaysia's national energy company, apparently, is pausing to heed the market signals as crude oil prices plunge.

In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.

Iran's oil minister Bijan Zanganehsaid that if crude oil prices continued to rise, there would be no need to extend a pact between the Organization of...

NEW YORK, April 23 - Global benchmark Brent crude turned positive on Monday, after dropping earlier after Iran's oil minister said OPEC would not extend its production cap pact if high crude oil prices continued.

(SAGD stands for Steam - Assisted Gravity Drainage; WTI for Western Texas Intermediate, a crude oil price benchmark.)

Based on a West Texas Intermediate crude oil price of $ 45 per barrel, those deposits are worth about $ 900 billion.

A year later, how are Canadian oil and gas companies responding to the collapse in crude oil prices?

For one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exports.

«Market fundamentals remain supportive, as crude oil prices are relatively rangebound, providing stability to customers as they evaluate projects,» said Baker Hughes Chief Executive Officer Lorenzo Simonelli in a statement.

The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.

The general consensus among economists is that crude oil prices need to climb dramatically higher before threatening the global recovery.

Along with the sharp rise in crude oil prices since 2003, B.C. and Ontario added 7 % to 8 % to the price of fuel with the introduction of HST in those provinces in 2010.

Production from shale has helped keep a lid on crude oil prices at about $ 120 a barrel, giving western countries leverage to impose sanctions on Iran, a key supplier.

World stock markets skidded further Wednesday as fresh declines in crude oil prices stoked fears for the health of the global economy.

«Those high margins translate into less resistance for crude oil prices that are a few dollars higher,» he said.

There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.

Crude oil prices hit new lows earlier on Friday, as everything continues to indicate that oil producers are pumping relentlessly.

After the rig - count data release, crude oil prices remained weak alongside stocks and bonds.

The momentum is certainly to the downside, says CNBC's Jackie DeAngelis reporting the latest on crude oil prices.

CNBC's Jackie DeAngelis is at the NYMEX reporting the latest in crude oil prices, and what can impact gas inventories.

The U.S. fuel margin decreased 17 per cent to 15.66 cents per gallon driven mainly by the volatility from a rapid rise in crude oil prices in the quarter.

The 2015 budget deficit had to be revised to 3.2 percent of GDP from 3 percent after crude oil prices plunged, but that's down from a high of 6.7 percent in 2009 during the Global Financial Crisis, Maybank noted.

Sovereign wealth funds have been quiet since the third question, he said, adding that if the crude oil price hangs around the $ 30 mark for a while, they might start to sell their assets too.

At the last check Friday, U.S. West Texas Intermediate crude oil prices were at $ 67.73 a barrel, while international benchmark Brent crude sat at $ 73.15.

The energy sector fell 1.1 percent on the back of a more than 1 percent drop in crude oil prices as the dollar remained near a four - month high.

It bought a small refinery in Great Falls, Mont., to hedge against a huge spread between bitumen and synthetic crude oil prices.

Here's an admittedly simple simulation using crude oil prices since 1987.

While the dive in oil prices has been a major drag on financial markets, the 55 percent slide in crude oil prices since June is good news for some.

First, because the crude oil prices we're talking about are futures for delivery in 30 days, and don't reflect what refineries are paying for their raw material today.

Between 1980 and 1986, crude oil prices plummeted by 71 %.

Crude oil prices fluctuated, with WTI crude oil futures ranging between $ 44 and $ 49 per barrel and Brent crude oil prices ranging from $ 50 to $ 54 per barrel.

EIA expects West Texas Intermediate (WTI) crude oil prices to average $ 4 / b lower than Brent prices in both 2018 and 2019.

Based on our own research, there's a strong probability that copper and crude oil prices might dip three months following a «cross below.»

Crude oil prices inched up after the EIA reported a smaller - than - expected build of 5.9 million barrels in crude oil inventories for the week to September 8, after a 4.6 - million - barrel build in the prior week due to the Gulf Coast refinery shutdowns.

This rebalancing has also bolstered crude oil prices, up 73 percent since its 2016 low in February.

World liquids production surplus or deficit and Brent crude oil price.

Brent crude oil prices in the first three months of this year averaged around $ 67 a barrel, leaving last year's $ 54.5 behind as a distant echo of the price crash of late 2014.

Gasoline retailers decided to make some money, spring vacationers drove up demand, crude oil prices went up, and gas refineries continued to undergo seasonal maintenance, resulting in tighter supplies.

U.S. Federal Reserve Board broad dollar index and CPI - adjusted Brent and WTI crude oil prices.

First, BP's CFO Brian Gilvary warned on CNBC that the crude oil price, which is trading at...

Crude oil prices more than $ 90 per barrel in 2015 dollars.

Following the sharpest decline in crude oil prices in at least a century, as well as a six - year bear market in metals, the global environment could be ripe for a commodity rebound.

For the forecast period, technical assumptions include A$ at US$ 0.89, TWI at 69, cash rate at 7.0 per cent, and WTI crude oil price at US$ 86 per barrel and Tapis crude oil price at US$ 90 per barrel.

Incidentally, the government and the RBI are reasonably comfortable with the country's Current Account Deficit (CAD) situation, following the big slide in crude oil prices recently.

Crude oil prices are rising.

Crude oil prices soared after we are seeing the reduced risk of a trade war but increasing risk of heating up the real war in Syria.

Crude oil prices were fading before Israeli Prime Minister Benjamin Netanyahu announced he was going to share «significant development» on the Iranian nuclear deal.

While the trade data had little impact on U.S. financial markets, concerns about weakening global demand pushed Brent crude oil prices to the lowest level in more than four years, dragging down U.S. stocks.

Crude oil prices have the potential to react strongly to supply disruptions because U.S. oil supply is below the five - year average.