Sentences with phrase «oil level for»

You were told that you were good for one year but this did not mean that you did not have to check the oil level for one year, it was meant as you do nt have to change the oil again for one year.

Customize to your taste - allows you to adjust the thickness, roast and oil level for every flatbread.

Not exact matches

Woodside Petroleum Ltd subsidiary ATS Inc has made good on a promise not to extend its $ 1.16 billion hostile takeover bid for US - based oil producer Energy Partners Ltd, after failing to reach the minimum acquisition level of 50 per cent.

Oil and gas firm Coretrack has signed a licence agreement with Specialised Oilfield Services for its core level recorder system technology, which will give SOS exclusive rights to develop, operate, manufacture and sub-license the technology.

Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.

Meanwhile, U.S. net imports of crude oil fell last week by 1.6 million bpd to 4.98 million bpd, the lowest level since the EIA started recording the data in 2001, reflecting further erosion in a market OPEC has been relying on for decades.

«Oil prices have fallen to levels that are no longer profitable for many energy producers.

As long as production levels stay high, the outlook for oil prices will remain weak, as will the Canadian dollar, the TSX and the job prospects for those in Alberta and Newfoundland and Labrador.»

Currie and his colleagues also say that «oil inventories should be adjusted for demand levels to correct for a steadily growing oil market.»

CNBC's Jackie DeAngelis reports as oil closes for the day breaking through the volatility to finish just under the $ 38 level.

Citi's comments come as oil prices have recovered from a plunge in 2014 with the bank seeing the first stop for the rally at about US$ 65 a barrel, around 25 % more than current price levels.

CNBC's Jackie DeAngelis reports on the role energy played in pushing the Dow to record levels, and what's next for big oil.

Prices for major commodity exports crude oil and palm oil have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis in the late 1990s.

«Because of the rapidly growing levels of oil production in the United States and the fact that we've virtually nowhere else to sell our oil than the U.S. market, Alberta is getting just over $ 50 a barrel for our oil,» Redford said.

Although U.S. crude oil inventories are at «historically high levels» for this time of year, according to the Energy Information Adminstration's Weekly Petroleum Status report, Molchanov predicts inventories will trend lower by the middle of the year as prices recover.

Foreign exchange has been an area of some concern for Saudi in recent months as the crash in the price of oil forced the country to expend its FX reserves to levels not seen in over three years, and draining the country's economy.

It said earlier this month that oil prices would have to stabilize above current levels of $ 50 per barrel for producers to make any meaningful boost to oilfield plans.

«We believe the bias for stock prices in general remains to the upside, underpinned by a growing economy, low interest rates and increasingly, cheaper oil... With operating margins at elevated levels, top line growth is poised to more quickly bleed through to the bottom line, thus supporting earnings.»

The province's oil and natural gas revenue is projected to shoot up by 54 per cent to the highest level in three years, but those three years combined will be equal to what a good year used to be for Alberta's coffers.

Every week, the EIA releases a report detailing crude flows and oil stock levels in each of the nation's Petroleum Administration for Defense Districts, or PADDs, of which there are five: New England (PADD 1), Midwest (2), Gulf Coast (3), Rocky Mountain (4) and West Coast (5).

Oil spent most of the week above $ 50 a barrel, though it did close just under that key level and was barely up for the week.

It could take five years for Saudi Arabian oil production to return to levels from two years ago and that leaves overall GDP constrained, Moody's said.

Overall, however, traders were surprised as declines in US stockpiles since January brought them below the closely watched five - year average for the first time since 2014.3 Quarter - end US oil inventories stood at 429.9 mb, which was 19.5 % below the year - ago level.3

As the «pay for work» practice is especially prevalent at the commodity - sourcing level of the food supply chain, the «No Fees» initiative initially focused on promoting ethical recruitment in palm oil and seafood sourcing, and has now scaled up to include companies in the electronics, apparel, and extractives sectors.

The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.

In the last year, the spread between what a barrel of oil is worth in the Midwest (called WTI — which is usually the oil price you see on the nightly news) and what it's worth either on the Gulf Coast (LLS) or when shipped to Europe (called Brent — which is generally used as a benchmark for world prices) has widened to historic levels.

Buffett waited patiently for the price to reach a certain level before he started purchasing, clearly banking on oil prices bottoming out --- someday.

For the world's largest oil companies, referred to as big Big Oil, this calls for a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable levFor the world's largest oil companies, referred to as big Big Oil, this calls for a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable levoil companies, referred to as big Big Oil, this calls for a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable levOil, this calls for a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable levfor a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable level.

So the sharp fall in oil prices has certainly been disruptive, but stabilization from distressed trough levels should be good for economic growth even if the price of oil doesn't rebound back to peak levels of above $ 100 a barrel in 2014.

Contamination from upstream tar sands / oil sands development is causing higher levels of cancer and other serious disease for members of the Athabasca Chipewyan and...

Using daily levels of the S&P 500 Index, an index of 10 - year Treasuries, nearest - month gold and oil futures and the Federal Reserve Nominal Trade Weighted Effective Index for the dollar from January 1985 through October 2009 (nearly 25 years), they find that: Keep Reading

Using daily spot prices for platinum group metals, gold and crude oil, daily levels of a broad U.S. stock market index, monthly U.S. consumer and producer price indexes and monthly U.S. industrial production levels during July 1992 through December 2011, they find that: Keep Reading

For example, Overseas Shipholding Group (equity ticker OSG) is a deeply junk rated oil tanker company that has seen its bonds drop from trading around par (par means 100 cents on the dollar when comparing the market price to the face amount of the bonds) to distressed levels between 60 and 70 cents on the dollar.

While it's perfectly true that there isn't enough U.S. shale to flood the world with oil, a lot of what there is is historically cheap to produce so as to give crude from the Middle East a real run for its money; and a solid proportion of that production has been sold forward at attractive levels in the futures market ensuring financial stability for U.S. producers.

While the US Energy Information Administration expects the US crude oil production to increase about 29,000 bpd this year and 57,000 bpd next year, Rystad Energy believes that the growth will be 100,000 bpd each month for rest of this year and into 2018, if oil prices sustain the $ 50 - $ 55 per barrel levels, reports Reuters.

Still, we see less risk of a renewed oil price plunge and the potential for a gradual rise toward long - term equilibrium levels around $ 60 a barrel, where supply and demand are likely to find a better balance.

In a report the bank assigned a 25 % probability to a near - term (less than six months) currency devaluation change, increasing to 40 % if oil stays at current levels throughout 2016, rising to 60 % if oil stays sub - $ 50 per barrel for the next two years.

World oil demand will rise less than previously thought in 2014, due to a lower outlook for the global economy and demand growth in the second quarter falling to its lowest level in more than two years, the West's energy watchdog said Tuesday.

Global shares tumbled for a sixth day on Thursday and oil prices slid to levels not seen since the early 2000s, after China guided the yuan lower and Shanghai shares tumbled 7 % in less than half an hour.

Except for a 20 - day slump in March when North American crude was on the wrong side of US$ 50 for the first time since last year's OPEC supply cut decision, oil prices had seemingly stabilized at a new level.

Despite the occasional rally, it's hard to see that the outlook for oil is encouraging on both fundamental and technical levels.

Oil, for instance, should level off around current levels, but it's hard to imagine a strong rebound in the absence of a sharp reduction in non-U.S. production.

Low oil prices and the rouble's weakness account for Moscow's decline, whilst the pace of growth in Tokyo has slowed considerably and inventory levels are on the rise.

The leading non-US benchmark for oil prices reached its highest level for more than two years, as Turkey threatened to disrupt supplies from Kurdish oilfields in northern Iraq in response to the autonomous Kurdish region's referendum on independence.

According to Knight Frank, oil tumbled to its lowest level for nearly 12 years last week, raising the prospect of further falls in fuel prices at the pumps.

Oil prices pushed lower for most of last week on the news that U.S. commercial crude inventories rose to the highest level for this time of the year in at least 80 years, though prices reversed sharply on Friday.

If this isn't the case and all the oil being produced is needed for current consumption, then the price of oil for future delivery can drop to an unusually low level relative to the spot price and stay there.

The first price chart below shows that the levels for the Cboe Crude Oil Volatility Index (OVX) were higher than those for the VXST and VIX indexes in January, but today the the VXST and VIX rose much higher than the OVX Index — in general, implied volatility now is higher for the S&P 500 than it is for the USO Oil ETF.

But if oil had stayed around $ 35 per barrel (incidentally what the «energy experts» were calling for at the time), energy inflation would never have spiked, and neither headline inflation nor the federal funds rate would have gotten anywhere remotely close to the levels that sparked the financial crisis.

Crude oil is presently testing financial crisis support levels, making many investors wonder whether the bottom for black gold has been reached — or if more pain is to be expected.