Sentences with phrase «cent of the crude oil»

According to the U.S. Energy Information Administration, Norway produces 1,602,000 barrels of crude oil a day, and its refinery capacity is 319,000 bbl / day — about 20 per cent of crude oil production.

The comparable figures for Canada are 3,136,000 bbl / day of crude oil production and 1,918,000 bbl / day of refinery capacity — about 61 per cent of crude oil production.

Furthermore, they can be squeezed to recover over 99 per cent of the crude oil absorbed.

Not exact matches

Brent crude oil futures were last up 12 cents at $ 73.98 a barrel at 0937 GMT, some 2 percent below the November - 2014 high of $ 75.47 reached on Tuesday.

Its crude oil production in the Atlantic region fell by about 14 per cent due to the 10 - day suspension of its SeaRose floating production, storage and offloading vessel in January after an investigation into its response to a close call with an iceberg.

U.S. crude oil futures were up 22 cents at $ 67.46 a barrel as of...

Say I'm running Esso right now, and I need to raise my price by 5 cents because the cost of crude oil went up.

Brent crude oil futures were down 14 cents at $ 73.72 a barrel at 1128 GMT, some 2 percent below the November 2014 high of $ 75.47 reached on Tuesday.

In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oil.

Brent crude, which is used to price international varieties of oil, was down 47 cents to $ 112.86 per barrel on the ICE Futures exchange in London.

U.S. crude oil futures were up 22 cents at $ 67.46 a barrel as of 10:59 a.m. EDT (1459 GMT), while Brent crude fell 14 cents to $ 72.98 a barrel.

Imports from the U.S. rose 3.1 per cent in March due in large part to higher imports of passenger cars and light trucks, while exports to the U.S. rose 1.2 per cent, led primarily by higher exports of crude oil.

This figure is a good deal higher than the 1.7 per cent for the latest year - ended rise in the CPI, but the pick - up includes the effect of dropping out the impact of the health insurance rebate, which reduced the CPI in the March quarter 1999, some further effects from past movements in crude oil prices, and an increase in tobacco taxes in the December quarter.

Together, these two factors led to an increase in the Australian dollar price of crude oil of around 7 per cent in the June quarter.

The average price for a gallon of unleaded regular shot up 13 cents in just three days last week in response to a spike in crude oil prices on the global market.

Pipeline operator Enbridge Inc. saw increases in the shipment of crude oil across its Mainland system, earning 61 cents per share — an average of 5 cents higher than analyst predictions.

Mubasher: The price of Kuwait's crude oil decreased by 2 cents to settle at $ 68.90 per barrel (pb) on Monday compared to $ 68.92 pb on Friday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

Mubasher: The price of Kuwait's crude oil increased by 3 cents to settle at $ 68.80 per barrel (pb) on Wednesday compared to $ 68.77 pb on Monday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

Mubasher: The price of Kuwait's crude oil increased by 83 cents to settle at $ 67.64 per barrel (pb) on Wednesday compared to $ 66.81 pb on Tuesday, according to the latest data by the Kuwait Petroleum Corporation (KPC).

Brent crude, used to price many kinds of oil imported by U.S. refineries, was up 75 cents to $ 110.77 on the ICE Futures exchange in London.

Oil and gas equities have been underperforming crude oil prices since the middle of 2017, but the outlook for energy stocks deteriorated further in the past two weeks, as major oil benchmarks have declined more than 10 per ceOil and gas equities have been underperforming crude oil prices since the middle of 2017, but the outlook for energy stocks deteriorated further in the past two weeks, as major oil benchmarks have declined more than 10 per ceoil prices since the middle of 2017, but the outlook for energy stocks deteriorated further in the past two weeks, as major oil benchmarks have declined more than 10 per ceoil benchmarks have declined more than 10 per cent.

«Nigerian crude oil production for the month of March 2016 stood at 57.43 million barrels, which is 3.1 per cent lower than February 2016 production, and so far, the lowest recorded in the 12 - month review period.»

Seven, Nigeria refineries must be put in good working condition because Nigeria can not continue to spending over 50 per cent of her forex - earning mainly from sales of crude oil to import back petroleum by - products for our local consumption.

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.

It also represented a decline of 55.67 per cent or N6.62 trillion when compared to total crude oil earnings of N11.891 trillion recorded in 2014.

The NBS, in its Foreign Trade Statistics for the Third Quarter of 2015, had noted that the value of Nigeria's crude oil export for the nine month period 2015, represented a decline of 45.39 per cent or N4.381 trillion when compared to crude oil export of N9.652 trillion recorded in the same period in 2014.

Statistics Canada said the economy registered 2.7 per cent growth in the exports of goods, led by increases in motor vehicles and parts as well as consumer goods and crude - oil bitumen.

The January crude contract on the New York Mercantile Exchange fell 99 cents to US$ 59.95 a barrel, adding to a loss of almost $ 3 racked up Wednesday after OPEC cut its forecast for global demand for the cartel's oil.

At a time when train shipments of crude oil are expected to skyrocket in Canada, the federal government is cutting funding for Transport Canada, the country's transportation regulator, by almost 30 per cent, down to $ 1.5 billion, according to government spending estimates for 2012 - 13 and 2013 - 14.

The administration's latest anti-energy revolution proposal is an ill - conceived plan to slap a $ 10 - per - barrel fee or tax on crude oil that could increase the cost of a barrel of crude by 30 percent and add 25 cents to the price of a gallon of gasoline.

The announcement, which comes as Shell is fighting to maintain its commitments on dividends (which it will increase by 5 per cent this year) and its core oil and gas business in the face of a more than $ 100 slide in the price of crude since last summer, triggered a furious response from green groups.

Other conventional crude producers pay 8 cents a barrel to ensure the fund has resources to help clean up some of the 54,000 barrels of pipeline oil that spilled 364 times last year.

This estimate assumes that ultimate recovery factors from known crude oil - in - place of approximately seven trillion barrels will reach 35, 40 and 45 per cent (plus additional NGLs).