Sentences with phrase «at oil trader»

Not exact matches

When the social scientist and derivatives trader sat down at the same table at a friend's wedding in 2011, they got to talking about their shared interest in «epic failures,» like the BP oil spill in the Gulf of Mexico, the Fukushima nuclear disaster and Hurricane Sandy.

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.

In the oil markets, that means that if traders will pay more to lock in a shipment at a given price several months away than they would for delivery next month, the market's in contango.

Bloomberg surveyed a bunch of oil traders and energy executives at the conference, and the general sense was that oil would trade between $ 50 and $ 60 per barrel, up from an informal consensus of between $ 40 and $ 60 last year.

LONDON, March 27 - Global oil traders Vitol and Glencore are in talks to financially back Nigerian firms racing to buy assets owned by Brazil's Petrobras valued at up to $ 2 billion, several sources familiar with the matter said.

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.

The «Futures Now» traders, Anthony Grisanti from the NYMEX and Jeff Kilburg at the CME, discuss crude oil with Jackie DeAngelis.

Overall, however, traders were surprised as declines in US stockpiles since January brought them below the closely watched five - year average for the first time since 2014.3 Quarter - end US oil inventories stood at 429.9 mb, which was 19.5 % below the year - ago level.3

Contango, a market situation in which the spot prices are lower than future prices, encourages traders to store crude oil and profit from selling it at prices higher than the spot market.

The expected strong demand growth, coupled with OPEC's production cuts, is making oil analysts and traders at the Singapore conference more bullish this year than at the same event last year, according to Bloomberg.

Oil up a second session as potential for U.S. withdrawal from Iran nuclear pact grows Natural - gas prices settle at a 2 - week lowOil finishes higher Thursday, as traders worried that a potential U.S. withdrawal from the Iran nuclear agreement and the International Monetary Fund's threat to expel Venezuela from the international coalition of nations will lead to tighter global crude supplies.

I'll attribute the rather limited CADUSD reaction to oil displaying some weakness at the same time traders were digesting all of this.

Moreover, Stephen Innes, a senior foreign exchange trader at OANDA commented that «Guys are very, very nervous about the oil scenario and you see that expressed in the sensitive [currency] pair».

After the Organization of the Petroleum Exporting Countries (OPEC)-- excluding Nigeria and Libya — and 11 non-OPEC nations arrived at a deal to cut oil production by 1.8 million barrels per day (bpd), traders expected oil to at least reach $ 60 per barrel levels.

Food cooked in butter, bacon grease (have 2 jars in fridge from when wife baked 3 lbs of nitrate free bacon, or coconut oil (this is a fantastic foo, which trader joe's now carries at a great price!)

The film points out that the culture of financial malfeasance at Enron was evident as far back as 1987, when Lay apparently encouraged the outrageous risk taking and profit skimming of two oil traders in Enron's Valhalla office because they were bringing a lot of money into the company.

Imagine a scenario where traders from all over the world have to congregate at the NYMEX exchange to trade crude oil, or have to go to Saudi Arabia to trade on the Tadawul Stock Exchange.

We at Epic Research keeping in mind the risk involved in commodities trading and the nature of intraday volatility, equip the traders and scalpers with trading signals, trading strategies, intraday signals, positional signals, intraday recommendations in Gold, Silver, Crude oil, Copper, Zinc, Lead and Aluminium.

At 10:00 am, before the Dept. of Energy's Crude Oil Inventory report, a typical futures trader would have to consider not just one but two problems:

In the period around both the 2006 and 2011 elections, mining magnate Gertler secured mining and oil assets at prices that were often well below market value, before later striking lucrative deals for those assets with the likes of London - listed giant commodities trader Glencore.

Instead, global traders will literally buy future oil by the boatload, then book terminal time at any deepwater ocean port like the LOOP, anywhere in the world, to embark with two million barrels in a single cargo.

According to Bloomberg, Damian Stewart, Managing Director at Human Capital, a commodities trader, says «the oil trading industry as a whole enjoyed the best year since 2008 - 09.»

«We as a team at Globitex look forward to continuing to build a professional cryptocurrency exchange that will allow traders to buy and sell commodities such as gold, coffee and crude oil in large volumes around the world for cryptocurrencies.