Sentences with phrase «oil futures contracts in»

What happens is that oil futures contracts in contango are more expensive in future months meaning the USO needs to pay more to roll its contracts forward.

In 2017, oil futures contracts in New York and London outstripped physical trading by a factor of 23.

With an oil ETF or oil mutual funds, you get a basket of oil company stocks or oil futures contracts in one fund.

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.

Not exact matches

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

If you think oil is on the way up, you can invest by buying stock in an oil and gas company, investing in a limited partnership, or buying the commodity through futures contracts.

For example, if a large speculator who was very bullish on oil bid - up the price of the December - 2016 oil contract from $ 64 to $ 70, it would create an opportunity for other traders to lock - in a profit by purchasing physical oil and selling the December - 2016 futures with the aim of delivering the oil into the contracts late next year.

For another example, if a large speculator who was very bearish on oil aggressively short - sold the December - 2016 oil contract, driving its price down from $ 64 to $ 60, it would create an opportunity for other traders to lock - in a profit by selling physical oil and buying the December - 2016 futures with the aim of eventually replacing what they had sold by exercising the futures contracts.

While the market benchmark remains West Texas Intermediate crude delivered in Cushing, Oklahoma, there has been a surge in trading of futures contracts tracking the price differences between WTI and oil sold in Gulf Coast ports like Houston and the Permian shale fields near Midland, Texas.

Crude oil futures in the June contract settled last Friday in New York at 67.33 a barrel while currently trading at 68.35 up about a $ 1 for the trading week hitting a 3 1/2 year high & in yesterdays trade prices went up as high as 69.55 before profit - taking ensued.

A possible game changer is the Petro - yuan, the Chinese government's plans to start a crude oil futures contract priced in yuan and convertible into gold.

As the yuan progressively reaches full consolidation in trade settlement, the petro - yuan threat to the US dollar, inscribed in a complex, long - term process, will disseminate the Holy Grail: crude oil futures contracts priced in yuan fully convertible into gold...

The new International Energy Exchange (INE) in the Shanghai Free Trade Zone has admitted more than 150 Chinese futures companies and is registering foreign firms to trade an oil - futures contract denominated in renminbi, according to a client bulletin from Linklaters in Hong Kong.

The market is still in a state of contango, in which front month contracts are cheaper than oil futures further out.

Bets on oil futures reached 1.47 million contracts for the week ending on November 15, the largest trading volume in nearly a decade.

In a circular to customers Intercontinental Exchange (ICE) said that on 19 February it will move trading on 245 futures and options contracts on North American oil and Natural Gas Liquids from London based ICE Futures Europe to ICE Futufutures and options contracts on North American oil and Natural Gas Liquids from London based ICE Futures Europe to ICE FutuFutures Europe to ICE FuturesFutures US.

Investors may be so concerned about higher prices in the future that they're willing to pay $ 102 per barrel now for a contract that promises to deliver oil one month from today.

If you invest in a fund that always buys one - month oil futures contracts, for instance, and that fund has to pay $ 2 more than the spot price for them, the fund will essentially lose $ 2 per barrel each month when they roll their futures contracts.

Investors who buy ETFs that use commodity futures contracts are sometimes surprised to see that the ETF does not move in lockstep with the price of the commodity as seen in the news, oil being a good example.

The crude oil ETF, which invests in futures contracts, trades near its 10 - year low price of $ 10.48 as of Oct. 18, 2017, after peaking at more than $ 100 on Jan. 1, 2008.

The Shanghai International Energy Exchange is launching a crude - oil futures contract that's denominated in Yuan.

As an example, airlines are well known to protect themselves against significant rises in crude oil prices, by buying a futures contract today with a specified price and delivery date in the future, on the assumption that oil prices will be on the rise over the period in question.

Before rushing to buy a futures contract or calling your broker about spot prices, consult the following beginner's guide to investing in oil (including which type of investors are best suited to do it, and how much of your portfolio oil should comprise).

The investment seeks to replicate, net of expenses, the daily changes in percentage terms of the spot price of Brent crude oil as measured by the changes in the price of the futures contract on Brent crude oil as traded on the ICE Futures Exfutures contract on Brent crude oil as traded on the ICE Futures ExFutures Exchange.

And in markets as volatile as oil, entering a futures contract is often the best bet in protecting your investment.

The NYMEX West Texas Intermediate Crude Oil Generic Front Month Futures (Oil Index)(not available in all jurisdictions) is the underlying commodity index of oil futures contracOil Generic Front Month Futures (Oil Index)(not available in all jurisdictions) is the underlying commodity index of oil futures conFutures (Oil Index)(not available in all jurisdictions) is the underlying commodity index of oil futures contracOil Index)(not available in all jurisdictions) is the underlying commodity index of oil futures contracoil futures confutures contracts.

The most common oil ETN is OIL, which invests in oil future contracts.

The index reflects the returns that are potentially available through an unleveraged investment in the West Texas Intermediate (WTI) crude oil futures contract plus the Treasury Bill rate of interest that could be earned on funds committed to the trading of the underlying contracts.

For example: 5,000 bushels of corn, 1,000 barrels of crude oil or Treasury bonds with a face value of $ 100,000 are all contract sizes as defined in the futures contract specification.

All of the PowerShares DB Crude Oil ETNs are based on a total return version of the Deutsche Bank Liquid Commodity Index — Oil, which is designed to reflect the performance of certain crude oil futures contracts plus the returns from investing in 3 month United States Treaury BilOil ETNs are based on a total return version of the Deutsche Bank Liquid Commodity Index — Oil, which is designed to reflect the performance of certain crude oil futures contracts plus the returns from investing in 3 month United States Treaury BilOil, which is designed to reflect the performance of certain crude oil futures contracts plus the returns from investing in 3 month United States Treaury Biloil futures contracts plus the returns from investing in 3 month United States Treaury Bills.

Read about a few strategies to limit the risk in trading oil futures contracts.

According the Intercontinental Exchange (ICE), since March 2012, ICE Brent has been the world's largest crude oil futures contract with annual volume reaching a record 159 million contracts in 2013, doubling market share since 2008.

Get in - depth information about Gasoline RBOB Futures including Price, Charts, futures contract specifications, news with oil, energy & stock futureFutures including Price, Charts, futures contract specifications, news with oil, energy & stock futurefutures contract specifications, news with oil, energy & stock futuresfutures data.

For investors seeking exposure to crude oil but looking to avoid investing in futures contracts, the stocks of oil producing companies may present an interesting opportunity to establish indirect exposure.

The underlying asset in this case is the crude oil futures contract for the current front - month.

Futures contracts, traded under the symbol CL, represent 1,000 barrels of oil for delivery at any pipeline or storage facility in Cushing, Oklahoma with pipeline access to TEPPCO, Cushing storage or Equilon Pipeline Company LLC Cushing storage.

Trading in the current delivery month shall cease on the business day immediately preceding to the last day of trading in the current delivery month of the NYMEX Light Sweet Crude Oil futures contract.