Sentences with phrase «oil traders»

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

Regardless of the target, I think oil traders should play on the long side and not the short side.

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.

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.

Up until August 2, this period was 90 days, which gave traders ample time for trade financing, a common practice in the oil industry that involves oil traders as third parties that pre-pay a cargo to the seller, to keep liquidity gaps under control, Reuters authors Katya Golubkova and Gleb Gorodyankin explain.

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

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.

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

«The market may well discover it has been asleep at the wheel and far too relaxed about shale keeping a ceiling on prices forever,» Ben Luckock, a senior executive at oil trader Trafigura, told an industry conference in Singapore last week.

One notable exception from the herd is oil trader Trafigura, whose co-head of group market risk, Ben Luckock, said at a presentation at the conference, as carried by the Financial Times:

Others who make use of offshore companies include oil trader Gennady Timchenko, Putin's friend of 30 years.

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.

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.

OPEC kingpin Saudi Arabia warned oil traders on Friday that a dramatic upswing in crude futures was little reason to become complacent.

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.

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

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.

Asian oil traders have struggled to understand how Saudi Arabia derived its official selling prices (OSPs) for May after the world's top oil exporter unexpectedly raised the price for its flagship Arab Light crude sold to Asian refiners.

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

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.

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.

As Iraqi security forces launch an offensive to recapture key cities reportedly taken by Al - Qaeda - linked militants in the western province of Anbar, oil traders appear to have taken the latest developments in their stride.

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.

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).

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

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

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?

Environmental destruction, displacement, human rights violations, and murder linked to expanding palm oil production in Latin America has led a coalition of environmental and advocacy organizations to call on the world's major palm oil traders Thursday to put an end to the industry's grave violation of human rights.

Also: disputes under the Commercial Agents Regulations; disputes between oil traders; disputes under call option and put agreements

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

You see, Cushing, a name well known to global crude oil traders, is the self - described «pipeline crossroads of the world,» and at the moment those massive containers are nearly full to the brim with North American crude that's all pumped up with no place to go.

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.

Also browsing through the 274 galleries from 31 countries were Lightyear Capital LLC chairman, Don B. Marron, oil trader Andrew Hall, Greek shipping heir Stavros Niarchos and Warren Eisenberg, co-chairman of Bed Bath & Beyond Inc..

It also has implications for palm oil traders, such as Cargill, which continue to buy from Sinar Mas.

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.

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.

Oil traders must become especially attentive to Donald Trump's Twitter feed over the coming weeks, an analyst said Monday.

As a result of all the rising chaos, oil traders are understandably skeptical, and as Goldman calculated in a note overnight, the oil market is pricing in only a 30 percent chance of a deal to cut output emerging tomorrow.

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.