Sentences with phrase «oil trading at»

Bloomberg reports that Kurt Chapman, head of oil trading at Mercuria Energy Group Ltd, positioned colleagues around the world, profited from the oil price volatility, took advantage of storage opportunities, and had his best year since 2009.

With Canada's heavy oil trading at large discounts again, crude - by - rail activity is starting to heat up in 2018.

Mr Brown is also expected to call for greater stability in the global price of oil in order to prevent another period of rising prices as occurred last year with oil trading at $ 150 a barrel at one point.

For a company that had hedged a quarter or half of its oil production last year at $ 80 or $ 90 per barrel, they will now suddenly feel the pain of oil trading at $ 60 per barrel.

A mild winter led to swelling distillate stockpiles, resulting in a rare winter occurrence where heating oil traded at a discount to gasoline, catching refiners off - guard at a time when they typically increase distillate production to meet high demand for heating oil.

As discussed above, the issue was not that the heavy - light or bitumen - light differential was abnormally high in Alberta — it's that all Alberta and other mid-continent oil traded at a significant discount to world prices.

In 2013, Canadian heavy oil traded at a $ 40 per barrel discount at one point to West Texas Intermediate due to transportation problems in Alberta.

Not exact matches

Either of these meant that, relative to world prices, Canadian oil was trading at a significant discount in Alberta.

At its peak, in the spring of 2012, light oil at Edmonton was trading at a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceAt its peak, in the spring of 2012, light oil at Edmonton was trading at a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceat Edmonton was trading at a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceat a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceat a discount of almost $ CDN 20 / barrel to U.S. mid-continent prices.

Oil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productiOil futures are currently trading at $ 74.80 for Brent crude and around $ 68.69 for West Texas Intermediate (WTI), having been buoyed by OPEC and non-OPEC producers, including Russia, curbing oil productioil production.

In the first decade of the century, the large integrated oil companies traded at an average discount of between 11 % and 12 % compared to their pure - play competitors, according to a study conducted at the time by Citi Investment Research and Analysis.

Based on a sum - of - the - parts analysis, integrated oil companies traded at a discount to their pure - play competitors, whether they were pure - play upstream, like an Anadarko or a Chesapeake, or downstream, like Valero or Tesoro.

«Equities have been in a rally mode and with the technical picture for oil becoming bullish in the short term, we have a risk - on trade in crude,» said Chris Jarvis at Caprock Risk Management, an energy markets consultancy in Frederick, Maryland.

Marathon Oil Corporation (mro), the upstream division, traded on February 3 at $ 9.27, giving it a market value of around $ 6.3 billion.

The day before Marathon announced it was breaking up in January 2011, the combined company had a market value of around $ 28.9 billion, when oil was trading at around $ 90 to a $ 100 a barrel.

In oil markets, Brent was trading lower at $ 51.93 and WTI at $ 48.94.

In oil markets, Brent crude traded at around $ 51.03 a barrel on Tuesday, down 1.14 percent, while U.S. crude was around $ 47.50 a barrel, down 1.82 percent.

In oil markets, Brent crude traded at around $ 47.99 a barrel on Wednesday, down 0.52 percent, while U.S. crude was around $ 50.59 a barrel, down 0.73 percent.

That's an advantage today, when every consumer's eyes glow at the mention of seaweed extract and fair - trade argan oil.

It also means that over the next year, Apple will be paying more back in dividends than any other publicly traded company, beating out oil giant Exxon Mobil for the position, according to Howard Siliverblatt, veteran market watcher and senior index analyst at S&P Dow Jones Indices.

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.

A report that year from the American Petroleum Institute, the industry's trade group, found that women accounted for 17 % of the workforce at oil, natural gas and petrochemical companies.

So Cramer took to the charts of technician Carley Garner, co-founder of DeCarley Trading, Cramer's colleague at RealMoney.com and author of Higher Probability Commodity Trading, to see what could give in the world of oil to push the commodity out of its range.

Oil prices slipped away from 2018 highs on Thursday, with global benchmark Brent trading at $ 71.15 in early afternoon deals, down 0.8 percent, and WTI trading at $ 66.38, around 0.6 percent lower.

Speaking at the Sohn Investment Conference in New York, the closely - watched DoubleLine Capital LP chief executive officer recommended a trade of shorting, or betting against, Facebook while betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

The positions involved at Koch Supply & Trading were primarily in refined products and fuel oil trading and operations, according to the sTrading were primarily in refined products and fuel oil trading and operations, according to the strading and operations, according to the sources.

This causes it to trade at a discount to world oil prices, giving those refiners fatter margins and U.S. consumers a bit of relief at the pump.

U.S. crude imports are at a 16 - year low, reconfiguring the map of global oil trade.

Crude oil was trading at a mere $ 60 a barrel, though, so not many people noticed.

Vision 2030 aims to pave Saudi Arabia's path from an oil - dependent economy to a Middle East hub of international trade and commerce at the crossroads of Asia, Europe and Africa.

CNBC's Jackie DeAngelis reports oil prices are moving higher as natural gas trades at the low end of the range.

The oil market remains in what's known as contango — with the future price of crude trading at a higher level than today's spot price.

They show the Fed has at times taken a tough line with banks in the sector, and may darken the outlook for Goldman Sachs and Morgan Stanley, both of which still own physical commodity trading assets such as warehouses, pipelines and oil storage tanks.

By early afternoon in Europe, benchmark oil for November delivery was down 21 cents at $ 91.91 a barrel in electronic trading on the New York Mercantile Exchange.

The integrated producers — companies that both produce and refine oil — are trading at 6.4 times cash flow, down from the eight times they were trading at in June.

Discussing crude oil surging, with CNBC's Jackie DeAngelis at the NYMEX; Brian Stutland, Equity Armor Investments; and Bob Iaccino, Path Trading Partners.

At the Sohn Investment Conference in New York this week, billionaire investor Jeffrey Gundlach said investors should consider a trade that includes betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.

Middle Eastern insiders actually trade the oil market anonymously and through masked trading companies for their personal gain at the expense of lives in their country's military.

Oil prices were trading in the red in late European deals Friday, with Brent at $ 52.77 per barrel, while U.S. crude hovered at $ 47.10.

In oil markets, Brent crude traded at around $ 50.90 a barrel on Friday, down 0.67 percent, while U.S. crude was around $ 48.01 a barrel, up 0.65 percent.

Oil is currently trading at about US$ 45 / bbl, which in current dollars puts it below where it was at the end of 2008, back when global markets were still in the thick of the financial crisis.

Omar said Malaysia was suffering particularly because it was an emerging market at a time of capital outflows, it was a net exporter of oil and gas at a time of a significant drop in prices, and it was perceived to be badly affected by the Chinese slowdown as China was its largest trading partner.

At Exxon, weak refining results were coupled with lower oil production, fueling concern about Chief Executive Officer Darren Woods» turnaround plan for the world's largest publicly traded oil producer.

«Funds that suffered losses on their oil investments have to get out of their liquid securities in other sectors,» said Sam Ginzburg, head of trading at First New York Securities in New York.

Prices of both oil and gas are trading at more than seven - year lows.

Meanwhile, pipeline bottlenecks are keeping western Canadian crude trading at roughly half the world oil price.

As they put more money in the smaller, pure - play companies that focused on one industry vertical, Big Oil began to trade at a discount.

The oil major currently trades at a fraction of its net asset value, thanks mostly to the black eye it took from the massive oil spill in the Gulf of Mexico last year.

Of course, Marathon and COP were trading at different places when they announced their decisions to split up, with Marathon (MRO) trading at around a 20 % discount to other integrated oil companies, while COP was trading more or less on par with its peers.

With the prospect of serious Chinese investment in Canada now a reality, however, Harper is signalling that American environmental concerns about our oil are «all the more reason» for Canada to look at trade diversification, particularly diversification of energy exports.