Sentences with phrase «moves in crude prices»

CNBC's Jackie DeAngelis reports the moves in crude prices as Iraqi forces gain ground in oil - rich territories.

Not exact matches

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.

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

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.

The velocity of the move will be based on the movement of the dollar in conjunction with other major global currencies; A fast move higher in the U.S. dollar will force the price of crude lower quickly (crude is denominated in dollars globally) and force selling by those who need capital.

Discussing the move higher, then lower, in crude prices after tensions between Iran and Saudi Arabia, with Anthony Grisanti, GRZ Energy President.

Fertilizer prices usually move in tandem with crude oil, as rising energy prices usually increase production costs and freight rates.

Oil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude production.

Crude prices have been well - supported by a growing consensus in the market that President Donald Trump will move to pull the U.S. out of a 2015 international accord to curb Iran's nuclear program.

Domestically, he moved forward on introducing land and labour reforms, and with the drop in crude oil prices, he has been able to reduce fuel subsidies.

The crash in prices meant that shale drillers moved on to greener pastures, and most of them began looking for oil rather than gas because crude fetched $ 70 to $ 80 per barrel.

National Bank analysts Travis Wood, Dan Payne and Brian Milne said in the note they were watching to see if more oil was moving out of Alberta and Saskatchewan on railway cars to clear out of the glut of crude in storage in Western Canada, which has weighed on domestic oil prices and producers.

Crude oil prices are clearly trading above their 20 and 100 - day moving average as this has now become one of the strongest trends in 2018 as I think this will start to support the precious metals and the agricultural market down the road.

This exact scenario was very likely in this Crude oil pin bar setup, and I know some traders who panicked when price moved against them.

«To the point where competition among the Oil Marketing Companies remains high, market price for both Brent crude and refined oil dropping in average price terms, added to the appreciation of the Cedi against the U.S. dollar, and increasing national fuel stock; the Institute for Energy Security (IES) believe that there is enough positive momentum and fundamental justification to move the prices of Petrol and Diesel lower on the local market,» IES said in a release signed by Gilbert Richmond Rockson, Principal Research Analyst.

«For the first time in 2009 we are seeing gasoline prices moving in concert with crude - oil prices,» said Gregg Laskoski, managing director of public relations for AAA Auto Club South.

This exact scenario was very likely in this Crude oil pin bar setup, and I know some traders who panicked when price moved against them.

While Brent Crude futures have, as with most other important energy commodities, been always traded in US Dollars per barrel, Singapore's pan-Asian multi-product commodity and currency derivatives exchange - the Singapore Mercantile Exchange (SMX)- currently lists Brent Crude Futures Contracts priced in Euros [1], in a move to provide alternative, unique hedging strategies, which would benefit participants with Euro - related business considerations for example.

Future Energy: How the New Oil Industry Will Change People, Politics, and Portfolios (John Wiley & Sons) describes how a combination of high prices, national insecurity and environmental anxiety is causing the world to move away from a politically and economically vulnerable single - source (crude oil) transportation system to a multi-source system which, in addition to providing energy security for every nation, should benefit the global economy and environment - a win - win - win.

«The price of an OilCoin token will approximate and move in tandem with the price of a single barrel of crude oil.