Sentences with phrase «oil market as»

The image below shows the state of the WTI crude oil market as of January 30, 2018, showing a market distinctly in backwardation.

I can certainly understand why some companies are favoring American oil market as opposed to ones in Africa and Asia - the civil strife in some of the countries where pipelines are located pose a lot of risk.

In April, Saudi Arabia had expanded its share of China's oil market as it shipped 5.26 million tons of crude to the Asian nation, the highest level since July 2013.

Think of the North American oil market as a basin or bowl.

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

Inventory builds a concern for the oil market as energy investors turn their focus to the Fed.

CNBC's Jackie DeAngelis reports on the oil market as U.S. and OPEC production continues to rise.

CNBC's Jackie DeAngelis reports the close of the oil market as they roll over to November from October.

LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

CNBC's Jackie DeAngelis reports the latest on the oil markets as volatility is expected to continue.

Not exact matches

As the North American oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for oil - by - rail, what is clear is that the North American oil market will eventually settle into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.

In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.

LONDON, April 25 (Reuters)- Oil eased on Wednesday, but held in sight of three - year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market.

Even Malaysia's national energy company, apparently, is pausing to heed the market signals as crude oil prices plunge.

Realities such as these have made it difficult to apply game theory to the global oil market.

In January, Saudi regulators changed rules for qualified foreign institutions to allow them to own up to 49 percent of listed securities as the kingdom opens up its stock market and plans a 5 percent sale of $ 2 trillion oil giant Aramco in 2019.

Exxon's profits have improved over the last year as the oil market continues to recover from a prolonged price slump.

NEW YORK, May 1 (Reuters)- Oil prices slid more than 1 percent on Tuesday as the dollar remained near a four - month high, but worries that U.S. President Donald Trump will pull out of the Iran nuclear deal underpinned the market.

This 20 % increase in US production capacities will enable Arkema to support its customers» growth in the region in emerging applications such as water filtration and in traditional markets such as the chemical process industry and high performance cables (automobile, fiber optics, oil industry).

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.

TORONTO — The Toronto stock market closed higher as energy stocks advanced while oil prices hit a 16 - month high and traders took in a mixed batch of U.S. earnings.

As pipeline politics came to dominate the North American energy debate, uncertainty over TransCanada's Keystone XL project gave new urgency to other efforts to expand Canada's oil market, including Enbridge's Northern Gateway project.

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.

The teaser for the panel on energy markets that I am speaking on at the Milken Institute Global Conference, highlights relentless U.S. production offsetting OPEC reductions, renewables disrupting traditional energy markets, and the geopolitical implications of U.S. production growth displacing Russia as the world's largest oil producer.

Despite this, traders said oil was unlikely to tumble far as markets remain supported by strong economic growth and by supply restrictions led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia.

Crude oil has helped the Saudi stock market race ahead of the rest of the world this year, but the rally is about more than energy, as reforms from Crown Prince Mohammed bin Salman receive investors» endorsement.»

Oil prices slid more than one per cent on Tuesday as the US dollar remained near a four - month high, but worries that US President Donald Trump will pull out of the Iran nuclear deal underpinned the market.

The energy market could have a new benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude oil.

Just as oil is certainly not in the mid-20s anymore and developing markets are growing around 4 1/2 percent, the dollar's not quite as strong.

(New throughout, updates prices, market activity and comments) NEW YORK, April 30 (Reuters)- Oil prices rose on Monday, bouncing off early losses as Israeli Prime Minister Benjamin Netanyahu said Israel had proof that «Iran lied» about its nuclear weapons capability, and that he was sure U.S. President Donald Trump would do «the right thing» in reviewing the country's nuclear deal with western powers.

European markets continued lower on Monday afternoon as investors focused on fresh data from the euro zone and volatility in oil markets.

In commodity markets, oil prices hit their highest level in approximately two months on Monday morning as the U.S. considers sanctions against Venezuela.

European markets closed lower on Monday as the euro hit a two - and - a-half year high and investors kept a close eye on the moves in oil.

The International Energy Agency said Friday the oil market is re-balancing as demand continues to grow but more time is needed before these shifting fundamentals are felt by markets.

Global oil supply rose in June as compliance with an OPEC - led deal to freeze production showed signs that it was stalling, the International Energy Agency (IEA) noted in its latest market report on Thursday.

Saudi oil policy reversed course after Saudi Aramco technocrat Khalid al - Falih took over as energy minister, shifting from a market share strategy to active market management.

The Eurozone's economy slipped in the third quarter as the slowdown in China and other emerging markets more than offset the benefit to consumers from low oil prices.

European markets hovered around the flatline as investors geared up for the latest in corporate earnings while keeping an eye on geopolitics and oil.

That means there's a new higher floor under oil prices as the peak summer demand season approaches, and it also makes the market vulnerable to a «super spike» if there's any significant supply disruption.

Despite a rapid growth approach to new markets, Sim says that the company made a strategic decision to defer entry into more challenging markets, such as China, where many domestic oil - and - gas firms already use similar software programs.

Long gone are the days when Saudi Arabia acted as the so - called «swing producer» in the global oil market, when it would increase or decrease production to keep prices stable and profits high.

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.

Oil prices began to recover in 2016 as the Organization of the Petroleum Exporting Countries discussed a return to market management with the help of Russia and other non-members.

Railways, who added crude by rail capacity earlier this decade only to have the market vanish as pipeline space opened up, have been slow to move back in the oil transport business, asking producers to sign longer - term deals.

SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

TORONTO — The Toronto stock market ended Tuesday on a high note as a surge in oil prices boosted energy stocks and rumours of U.S. wireless carrier Verizon entering the Canadian market appeared to lose steam.

«Market fundamentals remain supportive, as crude oil prices are relatively rangebound, providing stability to customers as they evaluate projects,» said Baker Hughes Chief Executive Officer Lorenzo Simonelli in a statement.

As the oil sector becomes increasingly focused on margins, Parex benefits from the low costs in that country, without the market access problems that impose a discount on crude prices in Western Canada.

Hamm favors the approach of cutting off Venezuelan oil exports to the U.S., as well as stopping U.S. light sweet crude exports to Venezuela, which uses that type of crude to blend it with its heavy crude oil before shipping it to international markets.

To be fair, there have been a several times that markets didn't recover as quickly after seismic geopolitical events such as the invasion of France in 1940 and the Yom Kippur War (which led to a complete realignment of control over global oil), according to the Credit Suisse team led by Keating.