Sentences with phrase «for oil market»

The practical training provided a rare opportunity for IEA experts to share expertise on monthly data collection outside of OECD countries — monthly data supports the core energy security mission of the Agency and serves as a basis for the Oil Market report.

But that's not really what's important for the oil market.

What's important for the oil market is, will it stay below $ 60?

But the deadline for the Iran negotiations — ostensibly set for June 30 — is only a week away and the outcome could have broad ramifications for the oil market, both in the immediate aftermath and over the long - term.

Inventory builds a concern for the oil market as energy investors turn their focus to the Fed.

Wall Street's top oil watcher says there are three geopolitical headwinds that might be «coming to a head in October» — and they could have implications for oil markets.

This fundamental shift in policy engendered a technical shift in prices and sentiment that, once it began, became a waterfall of losses for the oil markets.

Miswin Mahesh, oil analyst at Barclays, agreed that a gradual recovery for oil markets was «still in place as non-OPEC supply reduces» and predicted that prices would not fall below $ 30 a barrel due to the lack of a deal.

In short, it is unclear what this would mean for the oil markets.

Stating that the «full blockchain deployment» is a first for the oil markets, James Rilett, Platt's senior director of innovation and digital strategy, commented:

Not exact matches

But there was cause for caution too: Disappointing British manufacturing and consumer lending figures added to Europe's recent run of poor data, worries about Iran's nuclear deal simmered in oil markets, and Wall Street was waiting for Apple's results following recent whispers of weak iPhone demand.

As the North American oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for oil - by - rail, what is clear is that the North American oil market will eventually settle into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.

The international banker said all of these activities of the kingdom are for real and will push earnings positively, but it would be unrealistic to not think the market has reacted significantly to the crude oil rally.

In January, Saudi regulators changed rules for qualified foreign institutions to allow them to own up to 49 percent of listed securities as the kingdom opens up its stock market and plans a 5 percent sale of $ 2 trillion oil giant Aramco in 2019.

The price of oil has risen to its highest since late 2014 this month, driven by concern over the potential for disruption to Iranian crude flows, but analysts say the degree of uncertainty hanging over the deal means the market is extremely sensitive to any developments.

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A rebound in oil prices following the 2014 collapse of the crude market has somewhat curbed the need for such a large IPO, sources told the Wall Street Journal.

The French hedge fund manager, who is known for being bullish on the market, also said that $ 100 per barrel oil will not harm the economy.

Steven Cook, senior fellow for Middle East and Africa Studies at the Council on Foreign Relations, said higher oil prices lessen all the worries from 2015 and 2016 about the Saudi government's ability to maintain its commitments, but the consolidation of power in the hands of the Crown Prince also is significant for the market and investors as his reform program is widely regarded as critical for Saudi Arabia's future prosperity.

When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.

The teaser for the panel on energy markets that I am speaking on at the Milken Institute Global Conference, highlights relentless U.S. production offsetting OPEC reductions, renewables disrupting traditional energy markets, and the geopolitical implications of U.S. production growth displacing Russia as the world's largest oil producer.

U.S. President Donald Trump slammed OPEC for inflating oil prices after the cartel showed a willingness to further tighten crude markets.

For its part, the oil and gas industry, by pouring investment into the oilsands with little concern for how it's going to get the oil out to markets, «is playing a high - stakes game of chicken,» Cann adFor its part, the oil and gas industry, by pouring investment into the oilsands with little concern for how it's going to get the oil out to markets, «is playing a high - stakes game of chicken,» Cann adfor how it's going to get the oil out to markets, «is playing a high - stakes game of chicken,» Cann adds.

He noted that many commodities market forecasts for next year show a decline in oil prices.

From this perspective, oil — and the pipelines that carry it to market — will be needed for a long time.

The latest commodity trading prices for oil, natural gas, gold, silver, wheat, corn and more on the U.S. commodities & futures market.

Grantham also has strong views on the oil market, which isn't surprising for a devoted environmentalist who participated in Keystone pipeline protests and has called for the death of the «tar sands.»

«Equities have been in a rally mode and with the technical picture for oil becoming bullish in the short term, we have a risk - on trade in crude,» said Chris Jarvis at Caprock Risk Management, an energy markets consultancy in Frederick, Maryland.

Pipeline outages in Iraq and Nigeria have removed more than 800,000 barrels of crude oil per day from the market for at least the next two weeks.

Companies that refine and sell petroleum products pay market price for oil, so their costs are rising, but a shaky economy makes it harder for them to pass costs on to customers.

In the oil markets, prices dropped back from $ 90 amid some profit - taking — benchmark oil for October delivery was down $ 1.03 to $ 89.18 per barrel in electronic trading on the New York Mercantile Exchange.

While Oliver and the federal government play coy and bat their eyelashes at Asia, the United States remains the closest, easiest and most appealing market for Canadian oil.

It's this forbidding territory that Exxon (xom), under Tillerson, has turned into one of Russia's most lucrative oil provinces, affording Russia a crucial entry into the fast - growing oil markets of Asia, generating nearly $ 5 billion in tax dollars and other revenue for the government to date, and generally being, by Moscow's lights, a good corporate citizen.

«The bottom line is they're committed to holding back supply from the market, which combined with the continued decline of PDVSA in Venezuela is going to make for higher oil prices,» said Kilduff.

On the other hand, if the province decided not to become involved in the firm shipping market, they would distort the signals received by the regulators in terms of the demand for shipping services, leaving the system short of capacity and lowering the value of Canadian oil in the process.

If the Fed is indeed putting off raising short - term interest rates — perhaps because of an economic slowdown overseas, economic turmoil in Russia, or because of lower oil prices — then that's potentially good news for the stock market.

Hannah Anderson of J.P. Morgan Asset Management says the near - term focus is on oil prices ahead of an important meeting in June on OPEC - led oil curbs, but the weak dollar is the longer - term variable for markets.

In any case, the upshot for the overall oil market is that we probably won't see Russian - Saudi coordination in the oil sector anytime soon, Tran argued.

It also means that over the next year, Apple will be paying more back in dividends than any other publicly traded company, beating out oil giant Exxon Mobil for the position, according to Howard Siliverblatt, veteran market watcher and senior index analyst at S&P Dow Jones Indices.

European markets hovered around the flatline as investors geared up for the latest in corporate earnings while keeping an eye on geopolitics and oil.

In the oil markets, that means that if traders will pay more to lock in a shipment at a given price several months away than they would for delivery next month, the market's in contango.

Oh, and crude oil futures have also hit new 13 - year lows as Iran marks its return to markets by dumping millions of barrels that have been stored, sanctions - bound, for years.

Neon Energy has backed out of a merger agreement with MEO Australia after Evoworld Corporation agreed to make a revised off - market takeover offer for 50 per cent of the shares it doesn't already own in the oil and gas producer.

The Financial Times reported on Thursday that the Treasury is «finalising» a $ 2 billion loan guarantee for Saudi Aramco, the state oil company that is gearing up for what would be the world's biggest ever stock market float.

In May 2018, the Company successfully executed a firm sales agreement beginning in June for a significant portion of its Delaware Basin oil production with the marketing division of a large international energy company.

But the first three months of the year could be the biggest hurdle for the small companies to clear, Abhishek Deshpande, an oil markets analyst at Natixis, explained.

Russia independently or in conjunction with allies Iran and Syria could flood global markets, thus dropping prices for not only themselves, but for those on the other side of the Syrian conflict, predominantly impacting Saudi Arabia and the US — the number two and three world oil producers, respectively.

Including Gateway, Enbridge's North American oil pipeline program «is probably the biggest capital expansion in the history of the company,» says Vern Yu, vice-president for business and market development.

«Increasing the number of transportation options and markets for Canada's oil supply will lead to higher netbacks for all Canadian producers.»

An oil futures market based in yuan will stimulate demand for the Chinese currency, which China believes will lend it strategic clout.