Sentences with phrase «crude oil at»

In 2013, Global applied for a permit to allow it to handle heavy tar sands crude oil at the same facility.
But those databases don't specify the exact cause of each spill, and they don't track whether the pipeline carried dilbit or conventional crude oil at the time of the spill.
«By the year 2000, if present trends continue, we will be using up crude oil at such a rate... that there won't be any more crude oil.
Joule Unlimited claims that its product will be cost competitive with crude oil at $ 50 a barrel ($ 310 / m3).
Except for H2, all the technologies we consider could become competitive with crude oil at $ 70 per barrel.
The Businessweek article provides a wonderful illustration: In May 2010, ETFs sold June contracts of crude oil at an average price of $ 75.67 and rolled into July contracts at an average price of $ 79.68.
For example, Sep 2010 Light Sweet Crude Oil at $ 77 is a contract to accept delivery of 1,000 barrels in September at $ 77 per barrel.
The ships transfer their cargo of crude oil at Baton Rouge into pipelines.
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.
In Germany between 900,000 and 1,000,000 metric tons of a fuel satisfactory for automobile - type engines is being produced by adding the gas hydrogen to these coal tars or to powdered coal in a stream of crude oil at elevated temperature and high pressure.
Subsequent tests pointed to 5 billion to 8 billion barrels of crude oil at Tupi alone, the largest find since the massive Kashagan field in 2000 in Kazakhstan.
With the price per barrel of crude oil at a formerly panic - inducing $ 90, and at the pump, the price in many areas is no longer just flirting with $ 3 a gallon.
It is seeking investment to develop its «Sea Lion» discovery further, with an estimated 350 million barrels of crude oil at stake.
«We must all see agriculture as the only realistic alternative to crude oil at this critical period as government at various levels are working assiduously to enhance economic prosperity.
Just weeks before the controversial Dakota Access Pipeline was supposed to start commercial service, state documents revealed that it's already spilled 84 gallons of crude oil at a pump station in April, fulfilling the fears many critics of the pipeline voiced while protesting its creation.
On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Alberta
The China National Offshore Oil Corporation (CNOOC) recently received the first - ever cargo of Arabian crude oil at its flagship Huizhou refinery in South China's Guangdong Province.
U.S. shale producers are churning out crude oil at such a relentless pace that the country will soon become the most influential player in the energy market, according to an analyst.
The U.S. is exporting crude oil at a record pace with no signs of slowing down.

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.
With the ability to refine and upgrade crude in Canada and 75,000 barrels per day of committed capacity on the existing Keystone pipeline, Husky says it can grow its heavy oil production without exposure to the WCS - WTI discounts until at least 2021.
Transporting sand, drilling pipe, and crude oil furnished only 4.5 % of UP's volumes at the peak in 2014.
CALGARY, Alberta, May 2 - Alberta will hold talks with rail operators and oil producers aimed at smoothing the path to get more crude moving by rail to market amid a transportation bottleneck in the Western Canadian province, Alberta's energy minister said on Wednesday.
Brent crude oil futures were up 31 cents at $ 73.44 a barrel by 0900 GMT, after falling nearly 3 percent on Tuesday to its lowest in two weeks.
U.S. crude oil futures were up 22 cents at $ 67.46 a barrel as of...
The Eagle Ford crude oil tanker sails out of the the NuStar Energy dock at the Port of Corpus Christi in Corpus Christi, Texas, U.S., on Thursday, Jan. 7, 2016.
Brent crude oil futures were at $ 73.89 per barrel at 0056 GMT, down 17 cents, or 0.2 percent, from their last close.
In 1986, while in charge of crude oil supply and strategic planning in the refining and marketing division at Petro - Canada, Thompson saw the worst downturn of her career.
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.
SINGAPORE, April 24 - Brent crude oil rose for sixth day on Tuesday, passing $ 75 a barrel, on expectations that supplies will tighten because fuel is rising at the same time the United States may impose sanctions against Iran and OPEC - led...
Authorities said a tank of crude oil or asphalt exploded about 10 a.m. at the Husky Energy oil refinery in Superior, a city of...
Oil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productiOil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productioil production.
«Equities have been in a rally mode and with the technical picture for oil becoming bullish in the short term, we have a risk - on trade in crude,» said Chris Jarvis at Caprock Risk Management, an energy markets consultancy in Frederick, Maryland.
Potential U.S. sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state - run firm and Thomson Reuters data.
«The idea that gasoline demand is actually rising suggests that perhaps the lower prices of crude are actually prompting a greater usage of this product (gasoline),» said Vyanne Lai, oil analyst at National Australia Bank.
Pipeline outages in Iraq and Nigeria have removed more than 800,000 barrels of crude oil per day from the market for at least the next two weeks.
PDVSA also regularly buys U.S. light crude for processing at its Isla refinery in Curacao and to formulate an exportable Dilute Crude Oil (DCO) blend that is shipped from the Caribbean island to customers in the United States and crude for processing at its Isla refinery in Curacao and to formulate an exportable Dilute Crude Oil (DCO) blend that is shipped from the Caribbean island to customers in the United States and Crude Oil (DCO) blend that is shipped from the Caribbean island to customers in the United States and Asia.
On June 16, 2014, Brent crude oil peaked at $ 116 a barrel.
For example, refining margins tend to expand when oil prices decline as the savings refiners reap from using cheaper crude to make gasoline and other products aren't immediately passed on to consumers at the pump.
In oil markets, Brent crude traded at around $ 51.03 a barrel on Tuesday, down 1.14 percent, while U.S. crude was around $ 47.50 a barrel, down 1.82 percent.
Oil prices were steady on Thursday following a larger - than - expected increase in U.S. crude inventories: U.S. crude futures were higher by 0.04 percent at $ 67.96 per barrel and Brent crude futures for July delivery were flat at $ 73.36.
In oil markets, Brent crude traded at around $ 47.99 a barrel on Wednesday, down 0.52 percent, while U.S. crude was around $ 50.59 a barrel, down 0.73 percent.
Brent crude oil futures were last up 74 cents, or 1 percent, at $ 74.74 a barrel by 2:29 p.m. ET.
Crude oil is holding on to recent gains at just below $ 48 a barrel, and the dollar is a touch stronger against the euro.
However, the current deal between allied major oil producers could soon be at risk amid heightened tensions over an escalating proxy war between two of OPEC's top three crude producers, Shah said.
They only compute in the context of supplying the U.S., still the world's largest oil market, where they are competing with crude that has to be shipped at considerable financial and atmospheric expense from distant sources like Nigeria and the Persian Gulf.
The possibility of Venezuelan oil import restrictions has divided White House advisors, and now is pitting Harold Hamm, chairman and CEO of Continental Resources and energy advisor during President Trump's campaign, against U.S. refiners that import Venezuelan crude to process at their refineries.
The ruling arose from the expropriation of ConocoPhillips» investments in two heavy crude oil projects in 2007 at a time then - President Hugo...
U.S. crude oil exports rose to 2.175 million barrels per day, or more than 15 million a week, at the end of March.
And heavy oil is the kind of crude U.S. refineries on the Gulf of Mexico, at the other end of the pipeline, are geared to process.
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