Sentences with phrase «oil contracts in»

Acting for Lukoil International Trading and Supply Company (LITASCO) in a complex Commercial Court dispute concerning the payment of VAT on oil contracts in relation to relevant EU regulations (2011).

If this were true then people would buy oil contracts in the summer time allowing them to sell the oil in the winter causing the opportunity to make a quick buck with oil to almost instantaneously equalize.

On the political front, «Denominating oil contracts in yuan would promote the use of China's currency in global trade, one of the country's key long - term goals as an alternative to the dollar — making this even more appealing to sanctions - threatened countries relying on the dollar,» Ramady wrote in The National.

As a result, the world was focused on an oil contract in which there was very little volume, and whose price was plunging while the more heavily - traded March contract was not.

Not exact matches

Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20oil prices since June 2014.

If the oil traders are right, they can make money by buying oil at today's spot price, selling a futures contract for delivery at the higher price expected in the future and storing the oil in the meantime.

By contrast, economic growth in Canada contracted in the first half of the year and business investment — the most important factor in demand for imports — collapsed along with oil prices.

GR Engineering Services» oil and gas services business has won a second major contract in as many days, with Origin Energy signing the subsidiary on for a $ 50 million job.

The plan is to launch an oil futures contract on the Shanghai International Energy Exchange (INE), but there are obstacles in convincing large oil producers and consumers in using the yuan and investing in the Shanghai benchmark.

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.

HOUSTON / CARACAS, April 23 - Two Chevron Corp. employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to two sources familiar with draft charges against the U.S. firm's executives.

Two Chevron employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to two sources familiar with draft charges against the U.S. firm's executives.

Two Chevron employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state - owned oil company PDVSA, according to sources familiar with draft charges against the executives.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts.

The arrests, by national intelligence agents, marked the first at a Western oil firm in Venezuela and represent a dramatic escalation of growing tensions between PDVSA and foreign companies over control of supply contracts, the sources told Reuters.

The roll yield is the profit traders can earn when they roll their investment in crude oil futures, which expire every month, into contracts that expire at a later date.

In the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customerIn the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customerin contracts who owns that data — the oil service firms or their exploration customers.

If they did try to use it we would be in court immediately seeking an injunction to stop them from using it, but we would probably have to get in line behind oil companies that would be concerned about contracts that they have with companies in B.C. to deliver product.»

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

New oil - related contracts in southern Iraq helped the international division expand rapidly during Garda's last year as a publicly traded company.

Back in March, 1,000 construction workers employed on contract to work on the $ 3.2 billion Sunrise oil sands project were laid off.

The Shanghai oil futures contract is similarly designed to wrest some control over pricing from the main benchmarks in New York and London — West Texas Intermediate (WTI) and Brent — and to promote the use of the yuan, also known as the renminbi.

On the same day the Obama Administration put the kibosh on the Keystone XL pipeline, two engineering contracts totaling $ 12.2 billion were awarded to two U.S. companies for work in the Alberta oil sands.

Benchmark crude futures contracts have in the past week wiped out the gains made since the end of September when the Organization of the Petroleum Exporting Countries said it would agree to cut oil production to shore up persistently low prices.

Provincial outlooks becoming more balanced in 2017 RBC expects the economies of Alberta, Saskatchewan, and Newfoundland and Labrador to contract further this year as the oil - producing provinces continue to struggle with low revenues and private sector restraint.

Good thing for those U.S. engineering companies there are no «Buy Canadian» provisions in oil sand contracts like there are «Buy American» provisions in U.S. federal procurement.

One included a $ 750 million contract to a Chicago - based company for work on Exxon's huge Kearl Oil Sands project, one of the largest it has anywhere in the world.

The Altvestors events introduce investors to opportunities in investment grade precious gems, fine art and collectibles, oil and natural gas exploration, socially impactful lending, residential assisted living services, cash accumulation life insurance contracts, among others.

Oil fund managers are not betting on $ 20 a barrel oil this week because they increased their net - long position by 16,855 contracts to 132,857 futures and options in the week ending Sept. 8, according to the CFTC commitment of traders repoOil fund managers are not betting on $ 20 a barrel oil this week because they increased their net - long position by 16,855 contracts to 132,857 futures and options in the week ending Sept. 8, according to the CFTC commitment of traders repooil this week because they increased their net - long position by 16,855 contracts to 132,857 futures and options in the week ending Sept. 8, according to the CFTC commitment of traders report.

Venezuela's oil production plunged last year to the lowest in decades as Maduro's socialist government contended with quadruple - digit inflation, a contracting economy and social unrest.

The investment bank argues that the backwardation exhibited in the Brent futures market — a situation in which near term oil contracts trade at a premium to futures dated further out — is a clear sign that the market is on its way to rebalancing.

The contract is an agreement, or promise, for the buyer to purchase oil at a certain price in the future (the spot price) at a certain date in the future (the contract's maturity) from the seller.

Today I'm sending you a piece on Ecuador's recent move to change the terms of its contracts with oil investors to keep more of the returns in the state.

In fact, locking in oil contracts at a lower price helped save Southwestern Airlines millions of dollars when oil prices spiked and hurt all other major airlineIn fact, locking in oil contracts at a lower price helped save Southwestern Airlines millions of dollars when oil prices spiked and hurt all other major airlinein oil contracts at a lower price helped save Southwestern Airlines millions of dollars when oil prices spiked and hurt all other major airlines.

So, in order to hedge against that risk, a supplier of oil may wish to gain some insulation from the price swings inherent to oil and sell a futures contract.

Oil contracts sold on NYMEX can be settled through physical delivery (the oil is delivered to a hub in Cushing, Oklahoma) or settled through cash, which is usually what happeOil contracts sold on NYMEX can be settled through physical delivery (the oil is delivered to a hub in Cushing, Oklahoma) or settled through cash, which is usually what happeoil is delivered to a hub in Cushing, Oklahoma) or settled through cash, which is usually what happens.

Case in point: Only about 2 % of oil futures contracts are actually settled through physical delivery.

Local media have reported that China could launch a crude oil futures contract priced in yuan as early as Jan. 18, although analysts and industry executives who spoke to Breakingviews believe a later start is more likely.

The new contracts will come when oil is roughly half that price, a drop in value that could reduce pipeline operating revenue by millions of dollars a day and ruin the pipeline's business strategy.

According to this individual (whom I won't name), the primary reason for the reduction in breakeven price is because all the oil field service companies have had to take huge cuts in their contracted service fees in order to continue operating in the Bakken.

On another note, crude oil also extended its recent bullish move, with the WTI contract rising above $ 65, for the first time since early February, helped by the surprise inventory draw in the US as well.

After reasonable success raising equity in late 2016 and early 2017, capital markets for public oil service companies contracted in March after WTI slumped.

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.

It contracted in the first quarter of the year at an annualized rate of 0.6 per cent — in large part due to the steep drop in oil prices and the failure of other sectors to pick up the slack.

NYMEX crude oil is the largest oil futures contract in the world and has a current total open interest of around 1.6 million contracts and it would be impossible for any group of speculators to sell or buy 53 days of world production in a year or longer, no less in a week as just occurred in COMEX silver.

The world's first yuan - denominated oil contracts launched today, as part of China's drive to turn its currency into a global force in markets.

While the official goal of the new futures contract is to establish a regional benchmark for more useful pricing of the crude grades prevalent on the Chinese market, analysts see the yuan oil futures as a step toward China seeking wider acceptance of its currency in global trade, including the oil trade, and establishing a petro - yuan that could challenge, in the future, the dominance of the petrodollar.

Helmerich & Payne, Inc. is engaged in contract drilling of oil & gas wells for others & in the ownership, development & operation of commercial real estates.

Most global contracts, especially those for oil, are denominated in dollars.

The move comes after the launch of crude oil futures in March, the first futures contracts listed on the mainland open to overseas investors.