Sentences with phrase «oil futures gaining»

Not exact matches

LONDON, Nov 1 (Reuters)- European oil futures fell on Thursday as investors continued to analyse the aftermath of super storm Sandy, while U.S. futures gained as U.S. markets geared back up after the severe battering to the east coast delivered by Sandy.

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.

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.

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.

ENERGY: Oil futures extended gains.

Crude futures held on to strong gains in early Asian trading on Thursday, after the U.S. Federal Reserve kept rates unchanged and a weekly government report on oil stockpiles showed an inventory build that was within expectations.

Crude oil futures settled higher on Monday but pared some gains heading into settlement despite the growing prospect of new U.S. sanctions against Iran.

Against that backdrop, inflation has been percolating, with commodities, particularly West Texas Intermediate crude - oil future CLM8, +0.84 % gaining sharply in recent weeks.

For the past few years and counting, crude oil futures have gained increasing popularity and attention from individual traders for a number of good reasons.

The Nymex crude oil futures market on Thursday saw strong price gains that were mostly due to short covering and a technical bounce from an oversold market.

At the same time, he gained credibility with oil and gas, and by not giving up on his pledges for offshore production, is increasing his industrial credibility, which might enhance his ability to enact future energy policy initiatives because he'll get less opposition from them downstream.

They're really trying to supress the truth for short term windfall gain from oil and mining while they screw our future generations... delusional...

Whatever the future of the electric car and bioethanol, the notion that America must end its oil habit is gaining currency in Washington.

But the robust recovery of the US shale oil activity, which is expected to continue in October, will limit price gains in the future.