Sentences with phrase «crude oil goes»

«When crude oil goes to $ 55 a barrel, I can take a 12 percent to 18 percent hit on my corrugated [boxes] and plastic packaging,» says the founder of the 15 - person firm.

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.

Kinder Morgan's TransMountain expansion would triple the amount of Alberta crude oil going from Edmonton to ports and refineries in B.C..

The pipeline would handle an estimated 200,000 barrels per day of Bakken crude oil going south and the same amount of refined petroleum products going north.

The pipeline would transport an estimated 200,000 barrels per day of Bakkan crude oil going south and the same amount of refined petroleum products going north.

The price of crude oil went from $ 3 per barrel to $ 40 by 1981.

For example, a trader or investor might say, «I'm bearish about crude oil going into the summer.»

Not exact matches

People are conditioned to expect some price increases, just like we're conditioned to expect gas prices to go up or down with the price of crude oil.

But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude oil, and in the price of refined products, especially in Western Canada.»

When the spread between West Texas Intermediate crude oil and Western Canadian Select narrowed to US$ 10 a barrel last summer, some analysts declared that the big price differentials were gone for good.

Sinclair attributes the higher prices to a combination of factors including «the effects of the production cutbacks by OPEC and non-OPEC foreign producers finally kicked in, not to mention speculative money going into crude oil futures.»

So you go short crude oil vs. your long SLB position and you see oil rally to $ 100 and SLB trade lower.

U.S. crude oil seems to be going nowhere but the weekly New York mercantile Exchange l chart for West Texas Intermediate tells a different story.

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.

Crude oil prices were fading before Israeli Prime Minister Benjamin Netanyahu announced he was going to share «significant development» on the Iranian nuclear deal.

Whether the oil carried by Energy East is consumed in Canada or shipped abroad, it's not going to lower the price of crude.

Venezuela, an oil - rich nation that went on a spending spree, is struggling to meet $ 10 billion in debt obligations this year, since 95 percent of export earnings depend on crude.

OPEC's surprise deal means that oil watchers are going to have to go back to the drawing board and substantially revise up their forecasts for crude prices in 2017.

Crucially, much of that goes to the Gulf Coast, and nearly all of it is in the form of heavy crude, a type of oil for which Gulf Coast refiners are particularly equipped to handle.

However, if crude oil doesn't remain above its forecast, Sanchez might need to cut back on drilling, so that its leverage ratio doesn't go the wrong way.

Crude oil, as well as EUR / USD currency pairs, are two assets used with correlation analysis as both assets go in the same direction which can be noticeable when monitoring the graphs.

«He understands that crude oil, over the course of the next 20 to 40 years, is going to be a worthless commodity,» said Gartman.

What: Just when investors thought it was safe to go back into the waters of the oil market, building inventories of refined product and crude sent oil prices plunging today and taking exploration and production stocks with them.

Though crude is currently a bit below the lower end of that range, oil prices should, for the most part, remain within that channel going forward, with a bias toward the lower end.

While recent oil price movements have been extraordinary, Russ explains why crude oil should remain range bound going forward.

Sure miners may have been sold today due to leveraged investors selling to go into cash, but how does that «squeeze» the mining business if gold is risng RELATIVE to input costs like crude oil and commodities?

Crude oil futures in the June contract settled last Friday in New York at 67.33 a barrel while currently trading at 68.35 up about a $ 1 for the trading week hitting a 3 1/2 year high & in yesterdays trade prices went up as high as 69.55 before profit - taking ensued.

He remains short the Stock Market, sees something going on in the Crude Oil market, & explains how he intends to manage risk - R. Zurrer for Money Talks

The fact is they have potential but they are not light crude they have to be pressed out of the earth through a fracturing process that up until the price of oil went over 75 $ a barrel was deemed too expensive by the oil companies to go after.

(4) Then, the crude soy oil goes through a «degumming» process, wherein water is mixed thoroughly with the soy oil until the lecithin becomes hydrated and separates from the oil.

I also said there would be shake - up in the NNPC and the shake up will go on even as the price of crude oil would fluctuate in the world market.

The fraction of crude oil consumed in the U.S. that was imported went from 35 % immediately before the 1973 oil crisis, peaked at 60 % in 2005, and then returned to 35 % by 2013 [7] thanks to increased domestic production [8] from the shale oil boom.

When, for example, he attracts criticism for saying he admires Vladimir Putin in a magazine interview, Alastair Campbell is blamed for having «trapped» him into saying it; when he loses the first TV debate it's because he allowed himself «to be persuaded to act out of character»; and when it comes to the declining value of Brent crude Salmond writes breezily that «no - one really knows what the price of oil is going to be in the short term», despite having spent several years arguing precisely the contrary.

For instance, this year's benchmark for the federal budget is $ 42 but oil now goes for over $ 70 per barrel and instead of paying all the revenues to the Federation Account, the FG still operates an Excess Crude Oil Account contrary to the judgment of the Supreme Court and they spend such funds without recourse to appropriate authorities,» he saoil now goes for over $ 70 per barrel and instead of paying all the revenues to the Federation Account, the FG still operates an Excess Crude Oil Account contrary to the judgment of the Supreme Court and they spend such funds without recourse to appropriate authorities,» he saOil Account contrary to the judgment of the Supreme Court and they spend such funds without recourse to appropriate authorities,» he said.

All it (NNPC) does is allow a group of people, who themselves don't have any kind of operating background to pay $ 50m for access to the crude oil in blocs valued at over $ 2bn and they just take the crude oil, ship it out and don't return the money and there is no trace of where the money has gone.

«The previous shutdown had some effect because even though gas was available from TEN, Ghana Gas was going through maintenance and that compelled the Volta River Authority to use other means which included buying more crude oil to be able to address the power short fall at that time.

«Last week they told us oh don't worry; we promised we were going to reduce electricity tariff; it's coming, we are going to reduce it drastically... look under the current circumstance, when we are shifting from hydro to thermal, and with the kind of prices crude oil is achieving on the international market, if anybody tells you that they are going to reduce electricity tariff in the face of the privatisation of the ECG, and you believe them, it is up to you.

According to President Akufo - Addo, as a relatively new entrant in the league of oil - producing countries, Ghana is not going to treat her oil like she has done with gold, and allow it to be exported in its raw material form as crude.

This will go a long way in ensuring crude oil get to the refineries for refining and subsequent supply to Nigerians to ameliorate the current fuel shortage.

«Everybody is aware that we only rely on petroleum and the price of crude oil in the international market has gone down beyond what we expected and the little we have and we could also sell at the lower price, we can not afford to fold our arms and let anybody to take us to ransom and that is what the president has said.

He is also expected to speak on the growth prospects of the country, vis - a-vis the current fiscal discipline going into an election and the revised fiscal projections for this year owing to falling price of crude oil on the international market.

He then went ahead to cite a commercial transaction, saying inter alia that «the companies of both Jide Omokore and Kola Aluko lifted Nigerian crude oil and kept the proceeds.

«These transactions werenot required to be presented as contracts to the Board of NNPC and, of course, the monetary value of any crude oil eventually lifted by any of the companies goes straight into the federation account and not to the company.

Sapphire — Bill Gates is a big investor — expects the facility, which goes online next year, to generate some 10,000 barrels of crude oil a day by 2018.

Going beyond Corn Gasoline is refined from crude oil.

«Our process can go into oil fields and operate without the need for electricity or water to convert what otherwise would be flared gas into gasoline or it can be mixed with crude [oil] to increase quality and quantity,» says Synfuels president Tom Rolfe.

Because then all of a sudden, you're not just going to the local farmer's market because you want good tasting food or you like your neighbors or you have some ideological belief in localness, you're going because you're getting a very strong signal from your pocketbook that it makes more sense to grow food locally than to grow marinated in crude oil and ship it around the world.

Not all of them are going to be run on diesel; they are running some of them of this crude oil distill that they get from a, literally across the street.

They go on to say, «The manufacture of polyester and other synthetic fabrics is an energy - intensive process requiring large amounts of crude oil and releasing emissions including volatile organic compounds, particulate matter, and acid gases such as hydrogen chloride, all of which can cause or aggravate respiratory disease.»

At Port Arthur what typically happens to our crude — because it's somewhere between 11 and 13 degree oil — is it goes straight into bunker fuel for ships.