Sentences with phrase «oil futures settled»
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.
https://www.theinvestorspodcast.com/ Not exact matches
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.
U.S. crude oil futures CLcv1 settled at $ 64.38 per barrel, down 1.3 percent, after data from the Energy Information Administration showed a surprise build in U.S. crude stockpiles.
Case in point: Only about 2 % of oil futures contracts are actually settled through physical delivery.
Meanwhile, London - traded Brent crude futures, the benchmark for oil prices outside the U.S., shed 10 cents to settle at $ 74.64 a barrel.
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.
It marks the first time overseas investors have been able to access a Chinese commodity market — an oil futures contract — that can be settled, not only with U.S. dollars, but also Chinese Yuan, eventually a basket of currencies... and gold.
For future batches Sobotka switched to purée, before settling on blood orange oil.
explainer outlines a future where Bitcoin is the preferred medium of exchange for everything and permits cheaply settling international trades; swapping precious metals and commodities in seconds; and opening new trading options for farmers, manufacturing companies, metal miners, oil refineries and more.
The buyer of the contract can settle for the product itself such as oil barrels or liquid cash when the future contract comes to an end.
In some cases, when a futures contract settles the buyer of the contract can receive their payment in the product itself (a barrel of oil, say), or in cash.