Sentences with phrase «about crude oil prices»

In this case, I am talking about crude oil prices, and the related set of prices that are cousins.

Not exact matches

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

Oil and gas traders, Bailey says, received alerts about the death of the King of Saudi Arabia more than four hours before crude prices spiked on the news.

LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

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.

The pipeline or any other way to bring Western Canadian Crude to Tex refiners would speed up oil extraction in Alberta and increase world supplies, which would bring down oil prices for all Americans, by about a dollar a barrel according to Levi.

Oil prices collapsed on Thursday to their lowest since late November as investor worries about the world's stubbornly persistent glut of crude erased most of the gains that followed last year's OPEC's output cut.

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.

Oil prices, which have recently received some support from reports about discussions of another possible extension of the OPEC production cut deal, remained stable following the release of the EIA report, with WTI trading at US$ 48.75 a barrel and Brent crude at US$ 54.62 a barrel.

Regarding the oil price differential: In April 2012, UK Brent crude was approx $ 120 per barrel, US West Texas Intermediate was about $ 100, and Edmonton Light was about $ 80 per barrel.

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.

Yesterday's oil initially rallied on a report that Saudi Arabia was raising crude prices for customers showing that they are confident about demand and not worried about losing market share.

First, it's important to always note that all oil is not equal — if you're looking at a WTI - WCS differential and getting really upset about it, keep in mind that you're conflating heavy crude in Alberta with light crude in Oklahoma — there are pricing differences due to location and quality involved.

Here it is worth mentioning that when oil companies talk about the price of oil, they are referring to the price quoted on popular futures exchanges — prices which reflect only the price of crude oil itself.

With crude - oil exports rising year - over-year, the value of the exports did not rise proportionally, with Canada's crude - oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crude.

Overall, crude ended the week down about 4 %, with the U.S. oil benchmark price WTI settling just above $ 45 per barrel on renewed supply worries due to surging U.S. production.

But with oil prices stabilizing (currently at about $ 68 per barrel of West Texas intermediate crude) and overall population growth still booming, multifamily investors are...

While the US Energy Information Administration expects the US crude oil production to increase about 29,000 bpd this year and 57,000 bpd next year, Rystad Energy believes that the growth will be 100,000 bpd each month for rest of this year and into 2018, if oil prices sustain the $ 50 - $ 55 per barrel levels, reports Reuters.

If prices of WTI Crude Oil fall back to the recent lows of about US $ 26.00 pbbl - then expect global equities to test further lows.

Business columnists highlighted a 6 % to 8 % drop in share price at MEG Energy, Trilogy and Cenovus, but they failed to mention that Suncor, Husky and Imperial dropped less than half that amount (about 3 %) and that all energy stocks were up by the close of business Friday due to higher crude prices and «a more positive sentiment for things oil - related these days.»

Having peaked ahead of the Iraq war and fallen sharply following its commencement, the price of West Texas Intermediate crude oil has since risen again, amidst uncertainty about the resumption and continuity of Iraqi export supply.

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.

Crude oil continues to receive some non-fundamental price support from ongoing worries about the Iranian supply outlook.

This unpleasant picture is presented after a third quarter in which Brent crude, the international benchmark for oil prices, traded at about $ 50 a barrel on average, the lowest sustained levels since the financial crisis.

They're the two largest exporters of crude oil and, as you can see above, Russia requires an oil price north of $ 100, Saudi Arabia right at about $ 95 per barrel on a Brent basis, and we're below that number now.

The ETF has been moving steadily higher for the past 4 1/2 months, as the price of crude oil has advanced about $ 14 per barrel.

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.

In mid-2014, crude oil prices were about $ 100, depending on which grade you wanted to buy.

This, in spite of crude - oil prices averaging about $ 43 per barrel during the year, which is very close to all - time lows for the commodity.

Crude oil price accounts for about 80 per cent of the final cost of fuel, the PPPRA said, in its framework for petroleum products supply, distribution and pricing.

Overall, the price tag of the pipeline, which would carry 200,000 gallons of crude oil from Albany to refineries in Linden, N.J. and finished petroleum products the other way, is estimated at about $ 550 million.

According to him, «Under the previous administration, the oil price was about $ 115 per barrel and the country exhausted its 2.2 million barrels daily quota of crude oil export.

Crude oil prices have rallied in recent weeks but are still about 30 per cent lower than they were a year ago.

Here's what I love about this business: while oil prices can swing wildly from day to day, the actual volume of crude going through the company's network remains remarkably consistent.

According to the index data from 1995, using the S&P GSCI Crude Oil index as the oil price proxy, for every 1 % rise in the price of oil, the large cap energy sector only gains about 37.5 basis points on average, while the mid - and small cap energy sectors gain 61.8 and 64.1 respective basis poinOil index as the oil price proxy, for every 1 % rise in the price of oil, the large cap energy sector only gains about 37.5 basis points on average, while the mid - and small cap energy sectors gain 61.8 and 64.1 respective basis poinoil price proxy, for every 1 % rise in the price of oil, the large cap energy sector only gains about 37.5 basis points on average, while the mid - and small cap energy sectors gain 61.8 and 64.1 respective basis poinoil, the large cap energy sector only gains about 37.5 basis points on average, while the mid - and small cap energy sectors gain 61.8 and 64.1 respective basis points.

Over the last few months, a consensus has gelled that lower crude oil prices, if not these very low prices, will persist for a longer time, and that has led to significant cuts in spending — 30 to 50 percent for independent companies, and about 10 to 15 percent for the large companies.

Before turning to the «good news» about low crude oil prices (and there surely is good news), it's worthwhile noting that whether individual businesses find these low prices to be good or bad depends largely upon the economic sector in which they operate.

[Before proceeding, I should note that since May of this year, crude oil prices have increased by about 30 % from their March low, but as of May ($ 60 / barrel) are still far below their August 2014 level.]

Amid lofty prices for crude oil and rising concerns about global warming, companies are racing to make algal fats into oils that can be turned into fuels.

About foreign interests, The Northern Gateway pipeline is being designed to supply «ethical» crude oil to china at a bargain price which Canada will buy back as finished product for top dollar.

Last month, AIST announed its new flexible CIGS Photovoltaic Cell with an energy conversion efficiency of 17.7 %, noting that the growing concerns about environmental problems and increasing crude oil prices has led to an increased interest in power generation using renewable energy such as photovoltaics and other new energy resources.

Since June of this year, crude oil prices have fallen by about $ 40 per barrel — or more than 35 percent.

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In early February, crude oil prices hit a 52 - week low around $ 44 per barrel, capping off a staggering decline from a 52 - week high of about $ 100 in mid-2014.

Still, Mr. Fish said that there are concerns about the future of office and high - end multifamily properties in Houston with crude oil prices at such a low.