Not exact matches
LONDON, Nov 1 (Reuters)- European
oil futures fell on Thursday as investors continued to analyse the aftermath of super storm Sandy, while U.S.
futures gained as U.S. markets geared back up after the severe battering to the east coast
delivered by Sandy.
For example, if a large speculator who was very bullish on
oil bid - up the price of the December - 2016
oil contract from $ 64 to $ 70, it would create an opportunity for other traders to lock - in a profit by purchasing physical
oil and selling the December - 2016
futures with the aim of
delivering the
oil into the contracts late next year.
While the market benchmark remains West Texas Intermediate crude
delivered in Cushing, Oklahoma, there has been a surge in trading of
futures contracts tracking the price differences between WTI and
oil sold in Gulf Coast ports like Houston and the Permian shale fields near Midland, Texas.
Investors may be so concerned about higher prices in the
future that they're willing to pay $ 102 per barrel now for a contract that promises to
deliver oil one month from today.
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Oil Marketwire provides detailed market information, including crude oil price spreads, daily crude oil forwards, trade updates, industry officials» commentary, futures settlement prices, and much more to keep you totally up to speed with the latest developmen
Oil Marketwire provides detailed market information, including crude
oil price spreads, daily crude oil forwards, trade updates, industry officials» commentary, futures settlement prices, and much more to keep you totally up to speed with the latest developmen
oil price spreads, daily crude
oil forwards, trade updates, industry officials» commentary, futures settlement prices, and much more to keep you totally up to speed with the latest developmen
oil forwards, trade updates, industry officials» commentary,
futures settlement prices, and much more to keep you totally up to speed with the latest developments.
In a letter being
delivered to the White House on Thursday, nearly 400 scientists from more than a dozen countries are urging President Obama to stop
future oil and gas drilling in the Arctic Ocean because of the significant environmental and climate risks associated with further fossil fuels exploration there.
Pure essential oils such as Tea Tree
Oil, Lavender, Chamomile and Yarrow help fight bacteria and prevent
future acne break - outs while
delivering a calming sensation to the skin.
If you invest in
oil futures, you're basically buying
oil from a supplier in a pre-determined price and the
oil supply shall be
delivered to you at the agreed dates regardless of the rise and fall of fuel prices in the market.
ETFS WTI 2 mth (OILW) is designed to
deliver a total return, which consists of the excess return generated by
oil futures contracts plus accrued interest.