One
oil trading executive that Fortune spoke to reckoned that such a profit margin «sounds high,» but that everything depended on the deal's pricing formula.
Not exact matches
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.
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.
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.
His background includes positions in shipping, refining, marketing, distribution,
oil trading and gas as well as finance and strategic planning at the corporate
executive level.
Energy Tomorrow is a project of the American Petroleum Institute — the only national
trade association that represents all aspects of America's
oil and natural gas industry — speaking for the industry to the public, Congress and the
Executive Branch, state governments and the media.
The number of high - end home sales rose by 71 per cent in Edmonton and 38 per cent in Calgary, fuelled largely by in - migration of
executives in the
oil and gas sector, as well as homeowners
trading up.