Sentences with phrase «for oil trades»

CNBC's Jackie DeAngelis reports just ahead of the close for oil trading, WTI holding over $ 38 a barrel.

Also, Russia and other countries have stopped using the dollar for oil trade.

Not exact matches

The strategy illustrates how companies are coping with Western Canadian Select bitumen blend oil prices that have largely failed to keep up with higher prices for New York - traded West Texas Intermediate, leading to wider - than - usual differences between the two.

While the effects of a possible trade war are still just in the realm of possibilities and analysts are waiting for all the rhetoric dust to settle, if trade and economic growth were to weaken, they could affect the pace of oil demand growth.

LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...

Although the oil price and the dollar have moved in tandem for the last few weeks, the two generally tend to trade in the opposite direction, as a stronger dollar encourages non-U.S. investors to sell oil and crude - importing countries to curtail their purchases.

The crude oil trade was largely responsible for turning around the fortunes of the Montreal, Maine and Atlantic Railway, which owned the train that was eastbound through Lac - Mégantic.

«Thus, the risks of potential «trade wars» and the potential negative impact on the global economy and on oil demand if these risks do materialise should constitute a serious concern for OPEC,» the authors argue.

Oil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productiOil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productioil production.

A raft of other U.S. economic data also boosted Wall Street, which has traded in tandem with oil for weeks.

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

«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.

«These (risks) include the possibility of a sharp tightening of global financial conditions, growing trade tensions, and geopolitical strains — while the outlook for oil prices remains subdued and highly uncertain,» the report said.

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.

For the oil - trading community, the fall of hedge fund manager Andy Hall signaled a heavy blow, but while commodity funds continue to shutter their doors, some are finding other ways to make money, including trading refining margins and calendar spreads.

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.

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.

For one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exporFor one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exporfor imports is also softening along with exports.

Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.

The ramifications of the dollar - denominated oil trade are immense: Because oil is priced in dollars, there is huge demand for dollars, lending the U.S. economic and strategic power.

A report that year from the American Petroleum Institute, the industry's trade group, found that women accounted for 17 % of the workforce at oil, natural gas and petrochemical companies.

Tamar Essner, Nasdaq energy director, provides insight to efficient oil production in the Permian Basin, and whether there is likely to be a lower trading range for oil as Saudi Arabia loses its grip on prices.

One such trade route is the maritime path for transporting oil from Persian Gulf exporters to East Asian consumers.

«With so much supply landlocked, Canadian oil prices are taking a serious hit,» Casey Research energy analyst Marin Katusa wrote in a late June investment note that estimated that Western Canadian Select, a heavy crude, was trading for a whopping US$ 23 less than WTI; a gap 30 % larger than the average differential between 2006 and 2010.

The speech to the «Oil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeOil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeoil to far - flung markets.

A mild winter led to swelling distillate stockpiles, resulting in a rare winter occurrence where heating oil traded at a discount to gasoline, catching refiners off - guard at a time when they typically increase distillate production to meet high demand for heating oil.

Koch's trading unit is known for having traded the first oil swap over 25 years ago.

West Texas Intermediate (WTI) oil futures for April delivery traded 6 cents higher near $ 61.25 a barrel as of 11:05 a.m., ET, after settling up 23 cents on Thursday.

The usual proxies for global growth — oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower as investors bail out of any kind of trade predicated on growth in China and the rest of the emerging world, which accounts for 85 % of the world's population.

Publicly traded oil companies have lost billions in market value, and both public and private firms are moving aggressively to cut capital spending budgets for 2015 — laying off thousands of workers and shutting down hundreds of rigs.

Oil companies have since returned to the market, hiring rigs to explore for offshore oil and gas deposits after crude prices have traded above $ 60 a barrel since NovembOil companies have since returned to the market, hiring rigs to explore for offshore oil and gas deposits after crude prices have traded above $ 60 a barrel since Novemboil and gas deposits after crude prices have traded above $ 60 a barrel since November.

They show the Fed has at times taken a tough line with banks in the sector, and may darken the outlook for Goldman Sachs and Morgan Stanley, both of which still own physical commodity trading assets such as warehouses, pipelines and oil storage tanks.

By early afternoon in Europe, benchmark oil for November delivery was down 21 cents at $ 91.91 a barrel in electronic trading on the New York Mercantile Exchange.

His strategy for BBL was to trade oil «across the barrel» — refined products as well as crude itself — and to stay focused on short - term opportunities while keeping one eye on the horizon.

Middle Eastern insiders actually trade the oil market anonymously and through masked trading companies for their personal gain at the expense of lives in their country's military.

«But the potential for trade wars would be the main issue for me going forward, that's the clear and present danger and what effect it may have on oil prices,» he added.

When I mention that Exxon Mobil (xom), the world's biggest publicly traded oil company, is known to have an impressive intelligence division (no doubt a decent training ground for U.S. Secretary of State Rex Tillerson, ex-CEO of Exxon), Gourley's eyes light up.

Prices for major commodity exports crude oil and palm oil have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis in the late 1990s.

And most experts think the loonie will stay low for the foreseeable future, due to depressed oil prices and the country's deteriorating terms of trade.

He said regulatory confusion and delays in Canada have prevented the timely completion of pipeline projects such as the Trans Mountain expansion, leading to difficulty in getting crude oil to markets and the current steeper - than - usual discounts being paid for Canadian oilsands crude compared with benchmark New York - traded oil.

At Exxon, weak refining results were coupled with lower oil production, fueling concern about Chief Executive Officer Darren Woods» turnaround plan for the world's largest publicly traded oil producer.

Benchmark oil for October delivery was down $ 1.28 to $ 107.52 per barrel in electronic trading on the New York Mercantile Exchange.

I just think that oil is going to be down for a long time and these stocks trade off of that, and that makes me not want to own any of the solars.»

For a company that had hedged a quarter or half of its oil production last year at $ 80 or $ 90 per barrel, they will now suddenly feel the pain of oil trading at $ 60 per barrel.

In this week's Trader Poll, tell us how you are trading oil - are you buying on rumor, selling on cynicism or looking for value elsewhere.

It seems like the market revalued Marathon to trade in line with its peers and then credited it an additional 10 % in value to make up for the average discount between integrated oil companies and pure - play companies.

With the prospect of serious Chinese investment in Canada now a reality, however, Harper is signalling that American environmental concerns about our oil are «all the more reason» for Canada to look at trade diversification, particularly diversification of energy exports.

Priced in yuan and traded on the Shanghai International Energy Exchange, it's the first such Asian benchmark for oil deals.

And as I shared with you last month, major explorers and producers's profits are now in line with what they were when oil was trading for $ 100 a barrel and more.

For example, consider the set of assets comprised of the 10 - year U.S. Treasury, U.S. equities, international equities, oil, the VIX, a trade - weighted dollar index and the BAA credit spread.