Sentences with phrase «oil futures for»

On the New York Mercantile Exchange, oil futures for June delivery were up 37 cents to $ 114.30 a barrel, while in London, Brent crude gained 22 cents to $ 126.11.

U.S. crude oil futures for March delivery hit a high of $ 66.66 last week, their highest since Dec. 5, 2014.

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.

Not exact matches

Steven Cook, senior fellow for Middle East and Africa Studies at the Council on Foreign Relations, said higher oil prices lessen all the worries from 2015 and 2016 about the Saudi government's ability to maintain its commitments, but the consolidation of power in the hands of the Crown Prince also is significant for the market and investors as his reform program is widely regarded as critical for Saudi Arabia's future prosperity.

When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.

If you want to know what the break - even price for new oilsands projects is (at least for the marginal project), look at the forecast of future oil prices.

Concerns over future oil investment come during a time of uncertainty for the industry.

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.

During oil's deep decline, Schlumberger offered to drill in oilfields that were on hiatus in exchange for a share of future production, a move that was «very controversial» and has yet to pay off, says Colin Davies, an analyst at Bernstein.

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

For this reason, Grantham's firm has aggressively purchased and hopes to profit from oil futures contracts.

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.

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

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.

-LSB-...] So what does the future hold for the oil and gas sector?

On this year's list, robots are going places no human has ever been, «big data» is doing things that weathermen have never been able to master, carbon is being captured from waste and turned into fuel simultaneously, fiber optic cables are searching for oil, and future well blowouts are being averted (maybe).

Oh, and crude oil futures have also hit new 13 - year lows as Iran marks its return to markets by dumping millions of barrels that have been stored, sanctions - bound, for years.

There's no doubt in Keller's mind that the future can't run on oil — and that, he says, presents opportunities for Cascade.

An oil futures market based in yuan will stimulate demand for the Chinese currency, which China believes will lend it strategic clout.

U.S. crude oil futures suddenly spiked more than 1 percent late Friday morning, erasing losses for the week.

And since the ranking draws on 2014 data, it doesn't account for last year's precipitous drop in oil prices, which may in future drag down compensation for energy sector bosses, who are well - represented on this list.

This means that current oil prices are higher than prices for crude deliveries in the future.

Series 3 holder and oil analyst, he became an energy trader for Bear Stearns handling a variety of customer and house accounts in all energy futures and options rings.

U.S. crude futures dipped below $ 28.50, while the international benchmark Brent fell as far as $ 27.79 a barrel after reports that Iran had offered sharp discounts to customers in Europe and Asia to find buyers for millions of barrels of oil in storage that it is now free to sell, after the lifting of most international sanctions on it at the weekend.

The Calgary - based company has flagged a final investment decision in the not - too - distant future for the hotly - debated Keystone XL pipeline to transport Canadian oil to US refineries.

It's even what the oil companies want, for heaven's sake: Sustainable Prosperity, an Ottawa - based think - tank, recently surveyed 10 major energy companies, including Shell and Suncor, and found all of them were already incorporating a «shadow carbon price» into their decision - making, under the assumption they will contend with such regimes in the near future.

In the past it was used to ship imported oil west into Ontario; in the future, it will likely ship prairie oil east into Quebec refineries hobbled at having to pay the higher Brent price for oil.

By the early fall Goldberg noticed that the cash prices being paid for physical oil were significantly lower than even the suddenly weakening futures prices.

The Futures Now team discusses the oil market as crude is on - track for its longest losing streak since February.

Because the law includes much more than tax cuts — it removes Affordable Care Act's so - called individual mandate and opens up Alaska's Arctic National Wildlife Refuge for oil drilling — potential avenues for future agenda items are now viewed as increasingly possible for Republicans.

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.

Raitt's three - year timeline to fully dispose of older DOT - 111A tankers (and immediate phase - out of 5,000 of the most vulnerable cars) is going to be a difficult one to meet given the existing capacity for suppliers to build new tankers, as well as the desire of oil and gas companies to continue the exponential increases in oil - by - rail shipments into the future.

«I believe we are in for much greater volatility in oil prices for the foreseeable future and that's why you've seen Cenovus preserve cash by moderating our growth and reducing our workforce,» CEO Brian Ferguson said in announcing the job cuts.

First, because the crude oil prices we're talking about are futures for delivery in 30 days, and don't reflect what refineries are paying for their raw material today.

The decline of Venezuela's oil production for the foreseeable future has been assumed, and to a large extent, already priced into the market.

The Bank of Canada reported Monday that business sentiment for future sales growth remained «weak» in the second quarter as Canada's energy industry struggled with an oil shock.

This month, Brent crude oil futures climbed above $ 74 a barrel, reaching highs last seen in late 2014 — a welcome development for oil producers.

We are only making the oil companies rich and leaving a terrible legacy for future Albertans.

* I am indebted to James K. Galbraith for introducing me to the idea of boundaries and phase changes as they may apply to economics and oil prices in The End of Normal: The Great Crisis and The Future of Growth (2014).

Genscape, which tracks oil inventories, reported a near 2.4 million - barrel build last week in Cushing, the Oklahoma delivery point for U.S. crude futures, a market source said.

We put our nose to the grindstone and researched the top 10 sheet masks for acne that will not only address current breakouts and oil but future ones, as well.

The oil futures editor of the service noted that «U.S. inventory data will reflect post-Hurricane Harvey adjustments for another few weeks, at a minimum, as Gulf Coast refiners, terminals and ports continue the process of returning to normal.»

His justification for the delay was that uncertainty on the future of oil prices made it difficult to plan his budget.

For this analysis to hold water, you'd have to show that the barrels which would be transported by Keystone XL are, in fact, the marginal future barrels of oil sands production.

This doesn't speak well for the future of the oil industry.

In theory, oil sands operators are required to pledge financial security to pay for future reclamation costs as they build new mines.

I worry that the real danger might be the polarization between coast defenders and those who think oil and gas projects are essential for their economic futures.

The Canada Pension Plan Investment Board was busy acquiring everything from real estate to power, oil and gas, and future royalties in a cancer drug, Venetoclax, while the Caisse de dépôt et placement du Québec joined forces with Suez to buy General Electric Co.'s water and process technologies business for US$ 3.4 billion.

Weakness in the price of oil hurt the stock's price in 2015, but Forbes has predicted a bright future for the company.

... commit to a decision of where you see the Alberta oil sands and the future for the sands and the exporting of bitumen