Sentences with phrase «in crude prices in»

Not exact matches

Crude oil prices in Canadian dollars for Brent (North Sea, UK), West Texas Intermediate (Cushing, OK, USA), and Edmonton Par.

In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the markeIn addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the markein the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.

In broader economic terms, the rise in oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidIn broader economic terms, the rise in oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidin oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidin states like Texas and North Dakota and will likely boost capital spending industrywide.

In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.

The incident might result in restrictions on using rail to transport oil, which could increase the price discount for Canadian crude.

Amid these indicators, traders are taking measures to protect themselves from a potential fall in crude prices.

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.

But when oil companies cut down production in response to depressed prices, the money stops flowing along with the crude.

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 price of crude is on the rise, but in Canada, new carbon taxes, regulations and pipeline hurdles may take the industry permanently out of contention

But the rise in Treasury yields above 3 percent has driven the value of the U.S. dollar to three - month highs, which may pose a threat to a more pronounced rally in the crude price.

The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.

Those contracts were lifesavers again in 1986, when crude prices collapsed and Calgary lost its buzz.

This might eventually pressure crude prices, even though oil and the dollar have moved in tandem for a few weeks.

Running for the Progressive Conservatives, he won a seat in 1986 and was appointed employment minister just as the price of crude plunged and the unemployment rate spiked to 10.4 %.

Traders are taking out a growing number of put options to sell crude, a strategy aimed at protecting against a drop in prices after a sharp rally since December.

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.»

The world's largest publicly - traded oil and gas company by market value has ridden out a collapse in crude prices better than most, its vertically - integrated model allowing downstream businesses to capture the value that upstream operations lose when oil prices are low.

Now, one trader is trying to capitalize on the recent strength with an options strategy that will pay more than $ 1 million, as long as crude prices don't fall dramatically in the next few months.

Still, the gradual rebound in crude prices is boosting the company's fortunes, as Schlumberger has started to redeploy its workforce toward more traditional business lines.

And in energy, high prices for synthetic crude and liquid natural gas mean producers are generating a lot of extra cash.

They were the first to see that the plunge in crude prices last year heralded serious trouble — hence the January interest - rate cut.

The deal, when announced last autumn, was predicated on a recovery in the oil price to $ 60 per barrel by 2019, an increase that now seems less likely with a glut of crude still circling the globe and keeping prices below $ 50.

Oil prices were steady on Thursday following a larger - than - expected increase in U.S. crude inventories: U.S. crude futures were higher by 0.04 percent at $ 67.96 per barrel and Brent crude futures for July delivery were flat at $ 73.36.

The far - reaching consequences of the recent drop in oil prices have been a testimony to just how central crude is in American life: With cheap gasoline bringing more drivers onto the road, traffic deaths were up nearly 10 percent in the first nine months of 2015.

A year later, how are Canadian oil and gas companies responding to the collapse in crude oil prices?

This is the first significant political premium to show up in crude prices since OPEC and Russia joined forces in late 2016 to steady a market faced with a serious global glut.

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 exports.

With the widened spread in oil prices between Edmonton and tidewater, however, rival customers from Washington, California and Asia are now fighting over the cheaper Canadian crude.

SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

Brent crude, the global benchmark, hit its highest since OPEC on Nov. 27, 2014 turned its back on curbing output to support prices, a move that triggered a battle for market share and helped deepen a collapse to $ 27 in early 2016.

Last year, funds that bet on an oil - price recovery were hit as crude in June fell to $ 42.05, the low for the year.

«Market fundamentals remain supportive, as crude oil prices are relatively rangebound, providing stability to customers as they evaluate projects,» said Baker Hughes Chief Executive Officer Lorenzo Simonelli in a statement.

Still, prices remained close to their highest levels in more than three years: Brent crude futures shed 0.64 percent to trade at $ 74.16 per barrel and U.S. West Texas Intermediate eased 0.43 percent to $ 67.81.

As the oil sector becomes increasingly focused on margins, Parex benefits from the low costs in that country, without the market access problems that impose a discount on crude prices in Western Canada.

Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister from power.

In early March, as rebels fought for control of the country's east coast ports, where much of the country's oil is refined or shipped abroad, the price of the American crude contract (West Texas Intermediate, or WTI) broke US$ 100 for the first time since 2008.

Hedge funds and other money managers raised their net bullish position in the six most important futures and options contracts linked to the price of crude and fuels by 45 million barrels in the week to April 20.

The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.

In light of the tug - of - war in the crude oil space, where prices have traded between the low $ 40s and low $ 50s since March, Cramer used the charts to try to foresee the commodity's futurIn light of the tug - of - war in the crude oil space, where prices have traded between the low $ 40s and low $ 50s since March, Cramer used the charts to try to foresee the commodity's futurin the crude oil space, where prices have traded between the low $ 40s and low $ 50s since March, Cramer used the charts to try to foresee the commodity's future.

A TD study last spring found that a 10 % bump in crude prices was enough to nudge the country's entire GDP up by more than $ 5 billion.

Because so much North American crude is now stockpiled in Cushing, and the resulting glut has driven down prices.

They argue that possible sanctions on the Venezuelan energy sector would harm the U.S. industry, and cause it to scramble for heavy crude supplies from elsewhere, which would result in higher fuel prices for consumers.

At press time, WTI crude prices had already surpassed US$ 106 in intraday trading.

«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 price gap between North American crude and world prices is a new and unfamiliar dynamic in international oil markets, and represents a «double whammy discount» for Western Canadian producers, as Casey puts it.

Along with the sharp rise in crude oil prices since 2003, B.C. and Ontario added 7 % to 8 % to the price of fuel with the introduction of HST in those provinces in 2010.

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.»

Oil prices were higher in choppy trade on Wednesday, as a bigger - than - expected U.S. crude stock build pressured prices, but large draws of fuel stocks provided some support.