Sentences with phrase «for crude oil»

Spot prices for crude oil immediately increased by 1.1 %.

The demand for crude oil goes higher in summers due to the active driving season and goes up in winters due to the use of heating oil.

The consumers pay for crude oil in dollars; hence, they always have to keep a steady reserve of dollars, thereby maintaining a high demand for the the currency.

What's the long - term outlook for crude oil as the global economy is slowly transitioning away from fossil fuels to alternative energy?

The total draw for crude oil in 2017 now stands at 23 million barrels.

Rather, the initial margin for a crude oil contract could be around $ 5,000 per contract as determined by the exchange.

«Those high margins translate into less resistance for crude oil prices that are a few dollars higher,» he said.

There is a lot on the plate for crude oil this week.

A jump from $ 30 back to $ 50 would represent a 67 % rally for crude oil.

Unfortunately, for the crude oil bulls, each cyclical rally will be unable to exceed the price level of the previous rally.

So, I don't buy the bubble rhetoric for crude oil here.

We operate the world's largest and most sophisticated transportation network for crude oil and liquids.

As a whole, there is a constant demand for crude oil throughout the world for gasoline and other forms of energy.

The hard fact for North American producers is only now are we seeing a true market price for crude oil.

As a leading trading nation, we are dependent on global demand for crude oil, metals and manufactured goods.

The total draw for crude oil in 2017 now stands at just shy of 23 million barrels.

A NinjaTrader 7 Trading Strategy for Crude Oil Futures / - / Split / - / The Cobra Crude Oil trading system is an automated day trading system that trades a one minute chart from 9:30...

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Once again, New York's U.S. Senators Charles Schumer and Kirsten Gillibrand are calling on federal regulators to pass tighter safety restrictions for crude oil transported by rail.

The company also said it faces $ 2.1 billion in claims from the Department of Energy, which has accused Texaco of overcharging for crude oil from 1973 to 1981, when price controls were in effect.

Kansas is still largely dependent on coal, however, and is one of the country's top hubs for crude oil and natural gas production.

The U.S. oil rig count increased by five rigs last week, as U.S. producers are responding to higher prices and demand; but the real reason for weakness in oil may have been the fact that refinery maintenance is slowing the ravenous U. S. appetite for crude oil temporarily.

«There isn't really yet a large scale substitute for crude oil as a source of transportation fuel,» said Foley.

That process takes 124 days for a crude oil - fired power plant and 161 days for a power plant burning natural gas.

The Saudi need for money is a much simpler explanation than trying to knock out US shale oil, or gouge the Iranians, because it has the Saudis acting directly in their own interests, and it fits the price series for crude oil better.

It was the highest for crude oil in three years, going back to the weeks immediately following Lehman.

Now that Afghanistan is occupied and American owned oil flows through Afghan pipelines, China pays 1 / 4th what you pay for crude oil sold to them by your own former leaders and current businessmen.

High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Service.

NuStar Energy L.P. is the proud owner of 8,643 miles of pipeline and 81 storage and distribution facilities for crude oil, refined products and specialty liquids.

«The absence of adequate market access for crude oil out of Canada has repeatedly impeded equity valuations and is once again driving a wedge between the performance of Canadian investments and global alternatives,» it said.

This has provided a support for crude oil prices, as have reports of another three storms brewing in the area of the Gulf, with the potential of growing to hurricanes, causing further shutdowns and damage.

With Bretton Woods» collapse in 1971, oil became its new saviour and kingmaker as the U.S. dollar became the prime currency for crude oil transactions.

That could blunt the impact in the refined products market, but it represents a double whammy for crude oil — less refining runs and demand destruction on the consumer end.

As shown in the following chart, the price of West Texas Intermediate (WTI)-- a benchmark for crude oil — fell early in 2016, sparking a global loss aversion shift as investors began looking for a potentially higher - yielding investment opportunity.

Last week's report from the EIA showed that demand for crude oil remains robust as gross inputs at U.S. refineries have topped 17 million b / d in each of the past nine weeks.

If the actual numbers are in sync with my projection the year over year comparison for crude oil will now show a surplus of 58.3 million barrels while the overhang versus the five year average for the same week will come in around 134.1 million barrels.

That's the example for crude oil and even aluminum where we've had strong demand years in 2015,» said Blanch, who was releasing the BofAML outlook for 2016 on Tuesday.

If you fall into the former category then in all candor your best play is probably to sell short crude oil futures contracts as they offer the most direct play on a bearish scenario for crude oil.

The report showed that total receipts for crude oil and gas exports between January and September 2015 were $ 3.69 billion.

The amount, according to court papers in Lagos, represents the shortfall of the money paid by the multinational oil firm in the account of the Nigerian government with Central Bank of Nigeria, for crude oil lifted in 2013 and 2014.

He said the federal government is planning to conduct a licensing round for the award of oilfields in inland basins to companies to prospect for crude oil,

The aggrieved residents, most of them vegetable farmers, have argued that giving out the basin for crude oil extraction would destroy the limited lands and kick them out of business while oil field workers get empowered economically.

Paul Gallay, president of the environmental protection group Riverkeeper, said Thursday that the state legislation «gives the Hudson River, and all who care about it, new momentum in the fight against current attempts to expand the industrial use of the river, particularly for crude oil transport.»

«The search for crude oil in the Lake Chad Basin has not been abandoned by the Nigerian National Petroleum Corporation even when Boko Haram has been deployed as an instrument of intimidation to abort the exercise.

The crop is used to produce hydrogen gas which in turn is used in the refining process for crude oil.

Some researchers hope to turn plants into a renewable, nonpolluting replacement for crude oil.

We have updated the Weekly Inventories Report and After Hours Trading Systems inputs for Crude Oil to include a MaxDailyEntries input to limit our daily risk.