With global
oil markets now largely rebalanced these risks have become more acute.
The oil market now attracts investor money which currently far exceeds the gap between producer and consumer.
Not exact matches
In Vancouver, according to condo marketer Bob Rennie, between 60 % and 80 % of all real estate sales in the city's West Side are
now to mainland Chinese, while
markets like Calgary and Saskatoon have soared thanks to all the new
oil and potash wealth.
«The issue is there's always a concern
now that the
market is going to get flooded again with
oil and prices are going to come back down,» Khan told CNBC.
The hard fact for North American producers is only
now are we seeing a true
market price for crude
oil.
On Tuesday, Merrill Lynch analysts said they
now expect the
oil market to be undersupplied by about 430,000 barrels a day in 2018, up from their prior forecast for a 100,000 - barrel - per - day deficit.
Zev Spiro, Orips Research, discusses key levels in the
oil market with CNBC's Jackie DeAngelis and the «Futures
Now» traders Bob Iaccino, Path Trading Partners, and Scott Nations, NationsShares.
The Futures
Now team discusses the
oil market following the inventory report, with Scott Nations, NationShares, and Bob Iaccino, Path Trading Partners.
Helima Croft, RBC Capital
Markets, discusses moves in the
oil market with CNBC's Jackie DeAngelis and the «Futures
Now» traders, Brian Stutland, Equity Armor Investments, and Jeff Kilburg, KKM Financial.
The Futures
Now team discusses the
oil market with Jim Iuorio, Managing Director at TJM Institutional Services and Jeff Kilburg, Founder & CEO at KKM Financial.
The Futures
Now team discusses the
oil market, with Jeff Kilburg, KKM Financial, and Brian Stutland, Equity Armor Investments.
The Futures
Now team discusses the
oil market as crude is on - track for its longest losing streak since February.
In this case, the Saudi leadership is highly incentivized to get
oil prices higher, making it a tough fight for the bears in the
market, for
now.
We're talking about Cowtown's other notable Brian Hunter, the
oil industry engineer who forced Bay Street to stop ignoring the average folks who collectively and unwittingly dumped hundreds of millions of dollars into the
now frozen
market for asset - backed commercial paper (ABCP).
«From a business perspective,» wrote Peter Tertzakian, chief economist at ARC Financial, last year, «each new barrel of
oil must
now compete for
market share instead of being always guaranteed a top - dollar buyer.»
On the contrary the Jewish interest is solely in the
marketing of petroleum products and even there it is probably no more than 5 per cent, the chief marketer being American
Oil of Baltimore, and American
Oil, though still managed by the Blausteins, who founded it, is
now controlled by a Standard of Indiana subsidiary.
But
now, Kolko expects home prices in
oil - rich communities to begin falling in the next year or two unless energy
markets recover, although he added that it's «very hard to say how big or long the effect might be.»
Battered by the plunging price of crude, the
market is
now bracing for what experts predict will be a flood of Iranian
oil after the United States and the European Union lifted economic sanctions against Iran.
«This is a clear sign of how spoilt Asia is for choice these days, with Middle Eastern crude
now having to compete with
oil from other regions,» Amrita Sen, the chief
oil -
market analyst at Energy Aspects Ltd., a London - based consultant, said in an e-mail.
Consider the
oil market, for one, where prices are
now treading at four - year lows.
With the
oil and natural gas
markets stabilized, at least for
now, investors should begin considering which companies could emerge from the rubble of the
oil price collapse to see their stock prices double or triple in the next few years.
The country is
now on track to become the third largest auto
market by 2020, behind China and the U.S., and obviously this has huge implications for
oil consumption.
As a result, financial traders, who have no intention of ever actually buying or selling any barrels of
oil,
now account for 70 per cent of the
market.
NOW was spun off from National Oilwell Varco and is now the second - largest distributor to the U.S. oil and gas mark
NOW was spun off from National Oilwell Varco and is
now the second - largest distributor to the U.S. oil and gas mark
now the second - largest distributor to the U.S.
oil and gas
market.
Oilprice.com readers
now have total access to the
oil industry's most valuable information - shining a light on the corners of the
oil markets that were previously hidden from 99.9 percent of investors and energy enthusiasts.
Up until
now the banks and financial firms have been able to hold off marking to
market in hopes of a recovery in the price of
oil.
NOW remains optimistic about what's ahead in 2018 due to the improving conditions in the
oil market, thanks to higher prices.
That has
now left the
oil market fundamentally undersupplied.
Healthy demand growth for fuel not only in emerging economies led by China and India, but also in Europe, is helping global inventories to draw down faster
now, keeping the
oil market on the right track towards rebalancing, according to industry executives who spoke at a conference on Tuesday.
Watch revenue from acquisitions
NOW has been taking advantage of the downturn to strategically roll up its smaller competitors, which is enabling it to somewhat mute the impact of the
oil market downturn on revenue.
No
market has been as widely watched or as influential as
oil, the lifeblood of commerce and the one that is most tethered to geopolitics, and
now tied to movements in the stock, bond and other commodities
markets.
Investor takeaway Given how bad the
oil market was last quarter, investors can pretty much bank on
NOW reporting a weak quarter.
In addition Carbon Tracker, a
market friendly group,
now informs investors that low
oil prices will favor existing production from low carbon and low cost conventional sources.
Ten years ago, the
market was fretting, everyone was worried about «peak
oil,» and
now the focus is on peak demand.
Now, investors are eyeing an OPEC meeting on November 27 to see whether the organization could even cut prices further in an attempt to retain its global
market share, particularly in the face of competition from the U.S. where
oil production has increased thanks to the shale gas industry.
China is
now the biggest crude
oil importer in the world, and the pace of its
oil demand growth is capable of influencing the
oil market and the trade in the two most traded crude futures in the world, Brent and WTI.
But as the consortium of Asian energy companies that submitted the Canadian project for regulatory approval three years ago weighs it's options in a global energy
market now flooded with cheap
oil and gas, and further considers the 190 conditions attached to Ottawa's approval, including a cap on annual green house gas emissions, it may be some time before this project crosses the finish line.
Now the Saudis seem to believe that with
oil inventories approaching average and a solid alliance with Moscow, they can let
oil prices rise and micromanage the
markets at any time.
Alberta farmers have difficulties getting their products to
market by rail, and
now without pipeline construct will continue to compete with
oil and gas companies for rail transportation.
As impressive as these volume totals are, the share of the U.S.
oil market Canadian petroleum
now occupies is even more dramatic, and perhaps even worrisome from a U.S. perspective.
We're going to start by reviewing OPEC's December
Oil Market Report (covering November OPEC & global oil data), which was released on Wednesday of last week, and which is now available as a free downlo
Oil Market Report (covering November OPEC & global
oil data), which was released on Wednesday of last week, and which is now available as a free downlo
oil data), which was released on Wednesday of last week, and which is
now available as a free download.
Crude
oil prices are clearly trading above their 20 and 100 - day moving average as this has
now become one of the strongest trends in 2018 as I think this will start to support the precious metals and the agricultural
market down the road.
«With greater confidence that the global
oil market can finally shift into deficit later next year, we
now believe that there is a strong rationale for low - cost producers to deliver a swift production cut to normalize inventories,» Goldman analysts wrote in a research note this week.
Oil has been in a bear
market for a while
now, and just because it bounced from the panic lows does not mean that the bear
market is over.
Until
now, Chinese companies that made a splash in global stock
markets were state - owned banks and
oil...
«For
now, the upward momentum that drove the price of Brent crude
oil to US$ 70 per barrel has stalled; partly due to investors taking profits, but also as part of the corrections we have seen recently in many
markets,» the IEA said.
Canadian
oil producers still can use U.S. port facilities to export their
oil to other countries, but
now they have another major competitor on world
markets, the United States.
«The trend
now is to eat healthier foods with less
oil, less additives and less preservatives, so we take all of that
market information and move ahead of the curve so we're at the top when that trend is fully realized.»
Hydrogenated coconut
oil is virtually non-existent in the US
market, since the FDA started requiring trans fats to be listed on labels several years ago, and is
now considering banning them altogether, as some European countries have already done.
«We
now oil - roast organically and are expanding in that healthier - for - you
market that's growing in specialty retailers and becoming more mainstream in grocery accounts.»