Sentences with phrase «oil trader wilmar»

The Dutch oil trader in cooperation with IBM and French bank Natixis has developed a blockchain - based solution for US crude oil transactions.

Prest v Petrodel Resources Ltd concerned the financial settlement following the divorce of a Nigerian oil trader, Michael Prest, and his wife Yasmin.

In lieu of using the names of parties to the dispute, the judge dubbed the finance manager as Beru and the oil trader as Owen, Luke Skywalker's aunt and uncle in the original Star Wars trilogy.

Perhaps one complaint — that «Shell's own climate change adviser — former oil trader David Hone — made recommendations on what should be included» — might have been more interesting, had the exhibition not been, as discussed above, a virtual playground for climate alarmism.

Donors to the project include oil trader Ian Taylor and the Sainsbury family and philanthropist Dame Vivien Duffield, daughter of tycoon Charles Clore.

I talk with a really good oil trader on a regular basis.

Unilever was also a player in palm oil trader Wilmar's recent agreement to adopt a no - deforestation policy, which prohibits its suppliers from establishing plantations on lands with large amounts of carbon — like peat soils — or lands with a high conservation value (ClimateWire, Dec. 8, 2013).

Mr Duncan, a millionaire from his former career as an oil trader, swiftly issued a statement yesterday insisting his remarks had been made in jest.

Ian Taylor is president of the oil trader Vitol, the world's biggest oil dealer, which is hoping to play a major role in the future of the Libyan oil industry under the new government.

«Sour grades are not in good shape worldwide» and neither are Urals, said a European crude oil trader, who asked not to be identified as he is forbidden from speaking publicly.

Astenbeck Capital Management, a fund run by oil trader Andrew Hall, lost 9.7 percent in November, and is now down 26 percent this year, according to The Wall Street Journal.

But from the start of this year, Marathon's cargoes have been sold on to oil trader Vitol via NOC, the Libyan oil source and trading sources said.

«It's not a mystery,» says Chris Bake, a member of the executive committee of Vitol, the world's largest independent oil trader.

Oil trader Andy Hall last year closed his main Astenbeck Capital Management fund after betting oil would more quickly pull out of a rout that started in late 2014.

Meanwhile, traders in distressed debt and mortgage - linked securities could be seeing pay cuts around 25 %, while crude - oil traders are expecting a 20 % cut, reported Bloomberg.

Oil traders are eagerly anticipating an extension to OPEC's production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodity.

If the oil traders are right, they can make money by buying oil at today's spot price, selling a futures contract for delivery at the higher price expected in the future and storing the oil in the meantime.

Bloomberg surveyed a bunch of oil traders and energy executives at the conference, and the general sense was that oil would trade between $ 50 and $ 60 per barrel, up from an informal consensus of between $ 40 and $ 60 last year.

LONDON, March 27 - Global oil traders Vitol and Glencore are in talks to financially back Nigerian firms racing to buy assets owned by Brazil's Petrobras valued at up to $ 2 billion, several sources familiar with the matter said.

NEW YORK, N.Y. — Oil traders got what they wanted Wednesday: another big move by the Federal Reserve to stimulate the slow - growing U.S. economy.

Some analysts, however, said there was a risk that prices could slump as too many oil traders were betting on renewed sanctions.

Oil traders are calling this the classic case of buy the rumor, sell the facts.

As you can imagine, this data is incredibly valuable for everyone from oil traders to geopolitical analysts — and as such, it has been bought up and sold for tens of thousands of dollars by major data providers.

Some oil traders are already steering clear of doing business with Iran as U.S. President Donald Trump signals he'll ditch the nuclear deal with OPEC's third - largest producer.

Oil prices are unlikely to keep a sustainable level above US$ 60 because U.S. shale supply would rapidly increase, effectively capping prices, oil traders tell Bloomberg.

Since the source of the fear is the Middle East, escalating tensions give oil traders a good incentive to be on the buy side.

Oil traders will also continue to weigh a steady increase in U.S. production levels in the week ahead as the rise in U.S. drilling marked one of the few factors tamping back crude in an otherwise bullish environment.

Companies said to be selling crude from Saldanha Bay in Africa Brent crude time - structure strengthens, encouraging sales Oil traders are emptying one of the world's largest crude storage facilities, located Continue Reading

The resurgence in U.S. oil demand is showing signs of flagging, with drivers easing off the gas pedal a bit in August, according to U.S. data on Friday that may weaken one of the key arguments for bullish oil traders.

But since mid-November, oil prices have increased, suggesting that some oil traders are closing out short positions, which could be because sentiment around the chances of an OPEC deal have improved.

The film points out that the culture of financial malfeasance at Enron was evident as far back as 1987, when Lay apparently encouraged the outrageous risk taking and profit skimming of two oil traders in Enron's Valhalla office because they were bringing a lot of money into the company.

On some days CNBC would view oil traders who said they were watching stocks, as well as stock traders who were watching oil.

Chen said that there are alternative investments in the market that allow oil traders to get leveraged and inverse exposure to the energy market.

Maybe it's the Texas connection, but crude oil traders sometimes have a reputation as wild cowboys — one that many enjoy.

Is that the same logic that had the libs screaming about oil traders that were «manipulating the energy markets», but now you libs cheer free market pricing of pixie dust?

Spurred by the recent murder of Guatemalan environmental and human rights defender Rigoberto Lima Choc, a coalition of twelve global human rights and environmental organizations yesterday alerted the world's biggest palm oil traders of the gross violations of human rights occurring in the palm oil sector in Mesoamerica.

Since then, David has acted in a number of disputes (both in the High Court and in international arbitration) concerning oil supply contracts and recently acted in the Commercial Court for one of Romania's largest oil traders against Vitol.

The Claimants relied on the opacity of the arrangements that the KRG has concluded with oil traders, including pre-payments and on the ship to ship transfers and similar contrivances adopted by it to hide its assets from the Federal Republic of Iraq, when combined with its minister's boasts of success in that field.

Not exact matches

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.

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.

Traders said markets climbed on expectations that the United States will in May re-impose sanctions against Iran, a major oil producer and member of the Organization of...

One trader is trying to capitalize on the recent strength in oil with an options strategy that could pay more than $ 1 million.

As oil prices have fallen, defaults in the sector have risen — about a quarter of all corporate bond defaults in 2015 were energy related, according to Moody's — and that's made traders even more reluctant to buy.

Oil and gas traders, Bailey says, received alerts about the death of the King of Saudi Arabia more than four hours before crude prices spiked on the news.

U.S. stock index futures pointed to a higher open on Monday morning as traders digest news of an extension of an agreement to freeze oil output.

When the social scientist and derivatives trader sat down at the same table at a friend's wedding in 2011, they got to talking about their shared interest in «epic failures,» like the BP oil spill in the Gulf of Mexico, the Fukushima nuclear disaster and Hurricane Sandy.

It's hard to verify independently the claims of retail traders who say they have made good money this year, when worries about a slowing Chinese economy and the slumping oil price have wiped up to $ 8 trillion from world stock markets in January alone.

In the oil markets, that means that if traders will pay more to lock in a shipment at a given price several months away than they would for delivery next month, the market's in contango.

The steep drop in the price of oil in the last month has become a major concern for traders.

The oil market will be under pressure from this issue going into the winter months, says trader Anthony Grisanti.