Meaning that if
crude oil continues to stay below $ 75 for long, oil companies likely will suffer serious losses.
Elsewhere look for Gold to continue its uptrend while
Crude Oil continues lower.
Elsewhere look for Gold to continue lower while
Crude Oil continues to move up.
Look for Gold to continue to consolidate or move lower while
Crude Oil continues to rise.
Gold looks set to continue higher within the sideways channel while
Crude Oil continues its rise.
Elsewhere look for Gold to continue lower while
Crude Oil continues to move higher.
As
crude oil continues to trade in a relatively narrow range, large, integrated producers offer investors a more secure way to gain exposure to oil.
Crude oil continues to receive some non-fundamental price support from ongoing worries about the Iranian supply outlook.
Crude oil continues to trade lower than expected this year because shale producers have ramped their output, offsetting the OPEC - led production cuts.
The week played out with Gold moving higher while
Crude Oil continued the drift lower.
The week played out with Gold finding support before a bounce higher while
Crude Oil continued the drift lower.
The week played out with Gold consolidating but with an upward drift while
Crude Oil continued its drift higher.
The week played out with Gold probing higher but falling back late in the week while
Crude Oil continued to consolidate.
The week played out with Gold steady before a push higher to end the week up while
Crude Oil continued to be range bound.
While robots worked to replace the old cap,
crude oil continued to leak out.
Not exact matches
Iran's
oil minister Bijan Zanganehsaid that if
crude oil prices
continued to rise, there would be no need to extend a pact between the Organization of...
NEW YORK, April 23 - Global benchmark Brent
crude turned positive on Monday, after dropping earlier after Iran's
oil minister said OPEC would not extend its production cap pact if high
crude oil prices
continued.
Wall Street stock futures are opening lower with
continued jitters in media and energy stocks after dispiriting news from earnings season and from the
crude oil market this week.
West Texas Intermediate
crude oil, the US benchmark, has gained 11 % this year as Russia along with the Organization of Petroleum Exporting Countries
continue to cut their production.
Oil prices
continued their months - long decline Monday, with the price of
crude briefly falling below $ 50 per barrel for the first time in more than five years earlier in the session on account of global oversupply.
CNBC's Jackie DeAngelis reports fresh lows in
crude over the weekend as concerns resurface that oversupply will
continue to pressure
oil prices.
Crude oil prices hit new lows earlier on Friday, as everything
continues to indicate that
oil producers are pumping relentlessly.
This follows a stark warning from U.S. Secretary of State Rex Tillerson, who said at the start of February that sanctioning Venezuela's
oil or prohibiting the
crude to be sold in the U.S. was something the White House was
continuing to mull over.
LONDON, Nov 1 - Brent
crude oil futures fell to $ 108 a barrel on Thursday as investors
continued to analyse the aftermath of super storm Sandy.
CNBC's Jackie DeAngelis reports the latest trading action in
oil as oversupply
continues to plague
crude prices.
The shutdown led to
oil storage tanks in Alberta to fill to record volumes and sent the spread between Western Canadian and U.S.
crude to more than US$ 30 a barrel, while the regulator - imposed 20 per cent reduced capacity on Keystone has
continued to limit a recovery.
Despite the layoffs and poor performance in its first quarter, Suncor, Canada's largest
oil sands producer,
continues pumping out
crude, outputting 602,400 barrels per day during the first quarter — up 10 % from the same period last year.
As
oil markets
continue their downwards spiral this week, tell us how bearish you are on U.S.
crude prices.
But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a
continued hedge against the differential in world
oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre
crude -
oil pipeline system, and its downstream operations include upgrading and refining
crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.
I can't emphasize enough how impressive it is that Texas shale
oil producers
continue to ramp up output even with
crude remaining in the $ 50 per barrel range.
Gasoline retailers decided to make some money, spring vacationers drove up demand,
crude oil prices went up, and gas refineries
continued to undergo seasonal maintenance, resulting in tighter supplies.
July 2016
Oil and Gas Prices Global
crude markets showed resilience in June when both Brent and WTI rallied to a 2016 high above $ 51 / bbl, due to
continuing outages in Nigeria and Canada, as well as a 1.7 % decline in U.S. production.
While the re-balancing of global
oil markets is progressing, record - high
crude and gasoline inventories
continue to put downward pressure on prices.
U.S. commercial
crude oil stockpiles were seen touching new record highs for the seventh straight week, while gasoline
Continue Reading
«Extraction from the Canadian
oil sands
continues to grow and with
crude oil prices back above $ 70 (U.S.) a barrel, new greenfield projects and previously shelved expansions are once again starting to become viable,» wrote senior currency strategist Matthew Strauss.
Oil futures rebounded in Asian trade on Wednesday, buoyed by a less than expected build in crude oil stockpiles last week and a weakening dollar, but concern that a two - month Continue Read
Oil futures rebounded in Asian trade on Wednesday, buoyed by a less than expected build in
crude oil stockpiles last week and a weakening dollar, but concern that a two - month Continue Read
oil stockpiles last week and a weakening dollar, but concern that a two - month
Continue Reading
Summary of Weekly Petroleum Data for the Week Ending April 27, 2018 U.S.
crude oil refinery inputs averaged about 16.6 million barrels per day during the week ending April 27,
Continue Reading
Iran will attend talks with fellow OPEC members and Russia in Qatar next month without joining their proposal to freeze
crude oil production, according to a person familiar with the
Continue Reading
With
oil prices already down on the day, the American Petroleum Institute (API) reported a large build of 3.427 million barrels of United States
crude oil inventories for the week
Continue Reading
Saudi Arabia cemented its position as India's top
crude oil supplier in February, exporting 60 % more
crude than it did in February 2015 and 24 % more than January, and leaving
Continue Reading
Growth in Canadian
crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian
crude oil prices lower and increased Canadian
crude Continue Reading
American Petroleum Institute (API)
crude oil inventory data Oil inventory build of 2.6 mln barrels Cushing draw of 319K barrels Gasoline -1.94 mln bbls Distillate -95 K bbls The survey expectations Continue Read
oil inventory data
Oil inventory build of 2.6 mln barrels Cushing draw of 319K barrels Gasoline -1.94 mln bbls Distillate -95 K bbls The survey expectations Continue Read
Oil inventory build of 2.6 mln barrels Cushing draw of 319K barrels Gasoline -1.94 mln bbls Distillate -95 K bbls The survey expectations
Continue Reading
In this way, the Saudis are making sure that China would
continue to buy more of their
oil, while Beijing is securing part of its
crude import needs.
Crude oil prices
continue to remain bullish, brightening the prospects of
oil and related companies.
But experts warn that OPEC needs to extend the cuts beyond March 2018 in order to
continue depleting
crude oil stockpiles.
California refineries, the largest purchasers of
crude from the Ecuadorian Amazon, would be at least partially responsible for the ensuing environmental destruction, rights violations, and possible ethnocide if they
continue to process
oil from the Amazon.
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.
A number of
oil exporting countries have suggested a six - month extension to the
oil supply cut deal agreed by OPEC countries and non-OPEC
crude producers, Iraqi
oil minister Jabar al - Luaibi
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Crude oil prices jumped a percent today on comments from Saudi Arabia's Energy Minister Khalid al - Falih, who said he expected the OPEC + production cut deal would be extended into next
Continue Reading
Angola's
crude exports fall to lowest since at least 2008 OPEC disruptions could send prices above $ 80 a barrel: BofAML While plunging output in Venezuela captures the
oil world's attention,
Continue Reading