Sentences with phrase «as oil moved»

Not exact matches

Although the oil price and the dollar have moved in tandem for the last few weeks, the two generally tend to trade in the opposite direction, as a stronger dollar encourages non-U.S. investors to sell oil and crude - importing countries to curtail their purchases.

«I'm really confident that as we move into the second half this year and into the first half of 2019, we're going to be seeing very material volumes of oil moving by rail,» he added.

COPENHAGEN, Feb 9 (Reuters)- A.P. Moller - Maersk's move to focus on transport and jettison oil was tested on Friday as the world's largest container shipping firm missed profit forecasts and gave what analysts saw as a conservative outlook.

European markets closed lower on Monday as the euro hit a two - and - a-half year high and investors kept a close eye on the moves in oil.

Railways, who added crude by rail capacity earlier this decade only to have the market vanish as pipeline space opened up, have been slow to move back in the oil transport business, asking producers to sign longer - term deals.

While shipping is slowly moving away from fuel oil towards substitutes such as natural gas, there's no obvious alternative to oil in sight for commercial aviation.

If Alberta wants a more efficient and cohesive Canada to move its oil and fill its jobs, it ought to recognize the benefits of national cooperation in other areas as well — and be prepared for the give - and - take that gets that done.

Analysts interpreted this move as an attempt to squeeze higher - cost producers, including U.S. shale oil, out of the market.

March 27 - Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $ 100 million, as the Indian oil - to - telecom conglomerate moves closer to exit U.S. shale investments.

CNBC's Jackie DeAngelis reports on the commodities to watch as oil, gold and copper have moved higher in the past 3 months.

CNBC's Jackie DeAngelis reports oil prices are moving higher as natural gas trades at the low end of the range.

The «Futures Now» team discusses the move in crude oil as it hits a 1 - month low, and where the commodity may head from here.

CNBC's Jackie DeAngelis reports the moves in crude prices as Iraqi forces gain ground in oil - rich territories.

In the last couple of months, oil has tended to move inversely to the dollar, as weakness in the currency makes it cheaper for non-U.S. investors in crude to buy and vice versa.

The March increase was the largest year - over-year move since it hit 2.4 per cent in October 2014, just as the oil - price slump was getting underway.

Activists in four states were arrested after they cut padlocks and chains and entered remote flow stations to turn off valves in an attempt to stop crude moving through lines that carry as much as 15 % of daily U.S. oil consumption.

Benchmark 10 - year Treasury prices dipped on Wednesday as a recovery in oil prices helped stocks move higher.

Yellen added that «as oil price declines and other transitory factors dissipate» the Fed expects inflation to move back towards its 2 % target.

Fertilizer prices usually move in tandem with crude oil, as rising energy prices usually increase production costs and freight rates.

Yellen emphasized that in the past, when inflation expectations were «well - anchored» big moves in commodities like oil had transitory impacts on inflation, and the Fed expects that will be the case this time as well.

Likewise, any move toward using renewable energy sources will result in a quieter environment, as coal and oil extraction are extremely noisy labors.

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

Given the strong correlation between oil prices and energy company earnings, it is not surprising that earnings estimates for the energy sector are moving closer together as well.

With the dynamics currently in place, we expect to witness significant opportunities as the oil price moves higher,» said Robinson, who doesn't see oil reaching $ 100.

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

Last November, the International Monetary Fund (IMF) commended the government of Mali's deficit reduction, praising GDP growth of more than 5 % arising from strong harvests and government spending, even as the cost of oil imports moved higher.

The Canadian Labour Congress and the Climate Action Network of Canada co-hosted a discussion event on Thursday night that focused on job creation and facilitating a transition for the coal, oil and gas sectors — all of which will gradually be phased out as the world moves to a clean energy economy.

Indeed, because of the difficulty of transmitting electricity or moving oil, it's entirely possible that Canada could export to the U.S. while the U.S. exports the exact same good to Canada as well.

As fuel is the greatest cost for each industry, the ETFs for shippers ($ SEA) and airliners ($ FAA) will also move based on the direction of oil prices.

But, as the chart below shows, copper and oil do move in a co-relation:

Over the past several years we have seen a few amazing moves in futures positioning in a number of commodities, such as e.g. in crude oil, where the by far largest speculative long positions in history have been amassed.

«$ 50 a barrel is still a pretty critical number and that number is going to be even more critical as we move into next year,» Tortoise Capital Advisors» Thummel told Bloomberg, noting that the lower oil prices could mean that companies would not hedge production as much as they would at higher prices to protect future output.

As we extract more and more oil from EOR plays, and at the same time are trying to increase quantities stored, we are going to have to move to more expensive capture opportunities and toward pure storage plays, which both increases capture costs and turns EOR revenues into a storage cost (you are not going to make money injecting CO2 into saline aquifers unless you are being paid to do so).

Bev has over 30 years of experience in internal and external consulting with Fortune 500 companies in industries such as communications, financial services, oil and gas, health care, fast - moving consumer goods, retail, manufacturing, and distribution.

This will only get worse if Albertans do not make any changes, as the move to increased underground extraction of oil will only increase the problem with greenhouse gas emissions.

The company repositioned its brand and put aside its identity as an oil company to become an energy company, moving from an old - style, closed corporation to an open, collaborative, new - economic venture.

Oil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productiOil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productioil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude production.

Furthermore, efforts at oil giant Royal Dutch Shell RDS.A, +0.62 % to move beyond fossil fuels into low - carbon energy is as much driven by the growth potential of alternative energy markets as a concern for global warming.

Their move to rail comes as the Obama administration continues to weigh an application for the Keystone XL pipeline, which would deliver synthetic crude oil and bitumen, an oil - containing substance, from Alberta to refineries on the Gulf Coast.

Among commodities, oil prices moved higher as fears about rising US shale production abated somewhat, and market participants began giving more weight to the effectiveness of supply cuts by members of the Organization of the Petroleum Exporting Countries and several other large oil - producing countries.

Now a consensus is emerging that the Bank's next move will be to cut rates even further, as slumping oil drags down the economy.

As oil service companies finally move toward digitization, these stocks should have a brighter future ahead of them.

On another note, crude oil also extended its recent bullish move, with the WTI contract rising above $ 65, for the first time since early February, helped by the surprise inventory draw in the US as well.

As for inflation in general, Fed Vice Chairman Stanley Fischer has said that there is «good reason» to believe that inflation will move back up to the Fed's annual target of 2 % as the US economy's untapped capacity gets used up and as the effect of the big dip in oil prices in the second half of 2014 wears ofAs for inflation in general, Fed Vice Chairman Stanley Fischer has said that there is «good reason» to believe that inflation will move back up to the Fed's annual target of 2 % as the US economy's untapped capacity gets used up and as the effect of the big dip in oil prices in the second half of 2014 wears ofas the US economy's untapped capacity gets used up and as the effect of the big dip in oil prices in the second half of 2014 wears ofas the effect of the big dip in oil prices in the second half of 2014 wears off.

(This «Northern Gateway» pipeline is seen by the oil industry as an essential vehicle to develop new markets for Canadian petroleum, especially if the Keystone XL pipeline to move Alberta bitumen to the U.S. Gulf is not approved).

As oil prices bottomed in March and moved higher in April, these inflation expectations correspondingly moved higher.

As I said before I do not believe that there will be another boom in the oil business as we are fast moving towards a new type of economy all over the so called developed worlAs I said before I do not believe that there will be another boom in the oil business as we are fast moving towards a new type of economy all over the so called developed worlas we are fast moving towards a new type of economy all over the so called developed world.

McAllister who spoke to the Rocky View Weekly on Dec. 23 said the move was the right one as Alberta moves «into some of the roughest waters» with decreasing oil prices impacting the provincial outlook.

In recent years, oil and gas majors like Chevron and Royal Dutch Shell have invested billions of dollars into LNG projects in countries like Australia and Qatar, while further vast sums have been spent on plants that turn LNG back into gas in consuming countries, all in the belief the world's need for the fuel would rise rapidly — especially as countries, particularly in Asia, sought to move away from more polluting -LSB-...]

The move comes as car makers and investors are pumping in billions of dollars into the so - called new energy vehicle sector in China, the world's biggest auto market, which is preparing to roll out tough norms to promote the sector to fight urban smog and cut dependence on imported oil.