Sentences with phrase «crude oil»

Crude oil is a natural resource found deep underground. It is a thick, dark liquid made up of different substances. It is the basic form of oil that is used to make gasoline, diesel, and other fuels that power vehicles and machines. Full definition
Where I'm from, there a lot of people losing their jobs mostly due to the sharp decline of crude oil prices.
There is no infrastructure in place on the coast to transfer crude oil from rail cars to ships, he added.
The fund's strategy seeks to outperform certain index ‑ based strategies by actively managing the rolling of crude oil futures contracts.
In 2010, they accounted for 43 % of crude oil production.
«Those high margins translate into less resistance for crude oil prices that are a few dollars higher,» he said.
Reports on crude oil markets noted small fluctuations in crude prices today, mostly related to economic activity on the demand side of the oil business.
This indeed is steady growth and it occurred without revenues from crude oil exports and in periods where the world was seeing the worst economic crisis in decades.
Energy companies are back in focus these days as crude oil prices soar.
The best way to describe the global crude oil markets is with the words volatility and uncertainty.
This week's chart shows the link between crude oil inventory and prices.
The emergency meeting was held to evaluate and consider wide - ranging proposals to further enhance railroad safety including the safe shipment of crude oil by rail.
The dollar is little changed, while crude oil futures are holding just above $ 60 a barrel.
But what makes transporting Canadian crude oil by rail attractive to investors?
Over many millions of years, gases, such as methane, tend to develop along with crude oil in natural deposits of petroleum.
The method is easy to learn and put to use in your daily crude oil trading.
The cuts should have a meaningful impact on the flow of crude oil into the global market.
Energy companies have come to rely on the country's railroad network to transport crude oil in response to the fracking boom of the last decade.
The bill taking shape could also make it more difficult for us to enhance the safety of rail cars carrying crude oil.
This is because the price is determined by factors of supply and demand, and is largely tied to the supply and demand of crude oil at any given time.
The company also produces conventional oil, heavy crude oil, and natural gas.
The trade seemed disappointed that the overall 3 - million - barrel build in crude oil supply was higher than expected.
As crude oil rose over $ 130 / barrel, the exchanges moved to put limits on oil contracts.
The energy sector was the worst performer on markets as crude oil fell.
Light crude oil, which accounted for the remaining 26 percent of crude - oil exports, recorded a moderate rise of 15 percent from 2007.
Like its industry peers, operations continue to suffer from lower crude oil prices.
That's an underlying bearish development for most raw commodity futures markets, including crude oil..
In contrast, the energy names managed to advance, helped by higher crude oil prices.
Meaning that if crude oil continues to stay below $ 75 for long, oil companies likely will suffer serious losses.
At the same time, there are signs global crude oil demand is finally starting to catch up with production.
Safe transport of crude oil through populated areas is not possible.
This asset can be a physical commodity like crude oil, or a financial product like a foreign currency.
Here's an admittedly simple simulation using crude oil prices since 1987.
With the current price of synthetic crude oil sometimes dipping as low as $ 30 per barrel, a company that has paid off its infrastructure can still make a profit.
Imagine that you are in the position of a high cost crude oil producer that has a lot of debt to service.
I am expecting a draw in crude oil stocks and a build in refined product inventories.
Gas prices also drop when crude oil prices drop - the flip side of that regulation.
This is due to the fact that it takes more crude oil to create a gallon of diesel than it does gasoline.
A series of incidents involving rail cars moving crude oil internationally has prompted concerns about spills and fires from some residents and environmental groups.
The demand for crude oil goes higher in summers due to the active driving season and goes up in winters due to the use of heating oil.
Obviously, over time, gasoline prices track world crude oil prices very closely — they just don't necessarily track local ones.
Just because you have a car doesn't mean that you need to buy crude oil barrels.
However, crack spreads — the difference between crude oil and refined product prices — remain wide.
In 2013, Global applied for a permit to allow it to handle heavy tar sands crude oil at the same facility.
What price would you pay to never have to see crude oil flooding the streets of your neighborhood?
He said the town «doesn't need another mode of transport» bringing crude oil through the community.
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