Sentences with phrase «crude oil deliveries»

... ITG finds that in order to accommodate the oil boom, crude oil deliveries by rail will have to climb to 1.6 million bpd by 2017 in order to keep up.

TransCanada, meanwhile, anticipates crude oil deliveries will expand from Canada to southern U.S. refineries by way of the Keystone XL pipeline.

The $ 3.8 billion line began interstate crude oil delivery in May.

Not exact matches

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.

This means that current oil prices are higher than prices for crude deliveries in the future.

U.S. crude oil futures for March delivery hit a high of $ 66.66 last week, their highest since Dec. 5, 2014.

On the New York Mercantile Exchange, oil futures for June delivery were up 37 cents to $ 114.30 a barrel, while in London, Brent crude gained 22 cents to $ 126.11.

First, because the crude oil prices we're talking about are futures for delivery in 30 days, and don't reflect what refineries are paying for their raw material today.

Genscape, which tracks oil inventories, reported a near 2.4 million - barrel build last week in Cushing, the Oklahoma delivery point for U.S. crude futures, a market source said.

The situation has, however, improved steadily following the delivery of 950,000 barrels of crude oil from Nigeria to power the dual power plants in the Tema and Takoradi power enclaves.

The dispersant acts like an oil delivery system, breaking down the crude so the toxic substances can seep through skin.

The conduit, which will utilize a converted natural gas line for much of its route, should be in service by late 2017 for deliveries to Quebec and 2018 for New Brunswick, promising a new slug of both sweet and sour crude that could reshape the Atlantic Basin oil market and open up new markets.

As an example, airlines are well known to protect themselves against significant rises in crude oil prices, by buying a futures contract today with a specified price and delivery date in the future, on the assumption that oil prices will be on the rise over the period in question.

Contango: If the current price of a crude oil contract is $ 50 per barrel, but the price for delivery in six months is $ 60, that market would be in contango.

The contract grade for delivery on futures contracts made under these rules shall be Crude Soybean Oil which conforms to the following specifications:

For example, if the underlying asset is light sweet crude oil, the quantity is 1,000 barrels, the delivery location is the Henry Hub in Erath, Louisiana and the delivery date is December 2017.

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.

Trading in the current delivery month shall cease on the business day immediately preceding to the last day of trading in the current delivery month of the NYMEX Light Sweet Crude Oil futures contract.

Exchange agreement: A contractual agreement in which quantities of crude oil, petroleum products, natural gas, or electricity are delivered, either directly or through intermediaries, from one company to another company, in exchange for the delivery by the second company to the first company of an equivalent volume or heat content.

Alaska Sen. Murkowski celebrates the opportunity to ensure that West Coast refineries, such as those in California, will be positioned to receive consistent deliveries of Alaskan Arctic crude oil into the distant future.

We use data from the GREET model (Argonne National Laboratory) to calculate the emissions from extracting crude oil, transport to a refinery, conversion to gasoline, delivery to a filling station, and burning in a car engine.

The Keystone expansion includes an approximate 3,200 - kilometer (1,980 - mile), 36 - inch crude oil pipeline starting at Hardisty, Alberta and extending south to a delivery point near existing terminals in Port Arthur, Texas and, subject to shipper support, will include an additional approximate 80 - kilometer (50 - mile) pipeline lateral to the Houston, Texas area.

The Harper government is lobbying heavily to have President Obama approve the Keystone XL pipeline that would carry 830,000 barrels per day of oil - sands bitumen to the vast refining complex on the U.S. Gulf and would ease the delivery bottlenecks that have driven down Canadian crude prices.

Coordinate the marine petroleum terminal activities regarding the delivery of fuel and crude oil, gasoline and other products from and to ships, tankers and barges