Sentences with phrase «on crude oil falling»

That's Taylor Muckerman talking to Sean O'Reilly about why hedge funds are betting on crude oil falling below $ 50 per barrel.

Not exact matches

Brent crude oil futures were up 31 cents at $ 73.44 a barrel by 0900 GMT, after falling nearly 3 percent on Tuesday to its lowest in two weeks.

Last year, funds that bet on an oil - price recovery were hit as crude in June fell to $ 42.05, the low for the year.

On Wednesday, the Energy Department is expected to report that U.S. crude oil supplies fell last week by 1.5 million barrels, according to a survey of analysts by Platts.

Meanwhile, U.S. net imports of crude oil fell last week by 1.6 million bpd to 4.98 million bpd, the lowest level since the EIA started recording the data in 2001, reflecting further erosion in a market OPEC has been relying on for decades.

Oil and gas stocks dropped on U.S. crude stocks data which led to a fall in oil pricOil and gas stocks dropped on U.S. crude stocks data which led to a fall in oil pricoil prices.

U.S. crude futures dipped below $ 28.50, while the international benchmark Brent fell as far as $ 27.79 a barrel after reports that Iran had offered sharp discounts to customers in Europe and Asia to find buyers for millions of barrels of oil in storage that it is now free to sell, after the lifting of most international sanctions on it at the weekend.

Oil prices continued their months - long decline Monday, with the price of crude briefly falling below $ 50 per barrel for the first time in more than five years earlier in the session on account of global oversupply.

fell by 75 cents to $ 96.75 a tonne, while Brent crude slipped below $ 111 a barrel on Monday morning on concern that a fragile global economy could curb oil demand.

And all of this is on a background of oil prices that have basically crashed since the summer, with both Brent and WTI crude prices falling more than 30 % since June to multi-year lows.

LONDON, Nov 1 - Brent crude oil futures fell to $ 108 a barrel on Thursday as investors continued to analyse the aftermath of super storm Sandy.

The «Futures Now» team discusses crude oil's 2 % fall on supply concerns, and where it may head from here.

Though crude oil fell initially, prices were up by the time markets opened on Monday, suggesting that bin Laden — dead or alive — may not be a key factor in determining oil prices.

The energy sector fell 1.1 percent on the back of a more than 1 percent drop in crude oil prices as the dollar remained near a four - month high.

SINGAPORE, May 3 (Reuters)- Oil prices fell early on Thursday, pulled down by a rise in U.S. crude inventories and record weekly U.S. production, which is countering efforts by producer cartel OPEC to cut supplies and prop up prices.

The energy sector was the worst performer on markets as crude oil fell.

Crude oil prices fell more than 2 % on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer suCrude oil prices fell more than 2 % on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer sucrude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit.

Crude oil, on the other hand, has fallen back into a bear market, setting new lows dating back to last August as oversupply concerns continue to weigh on the market.

For Angola, Africa's second - largest oil producer, the fall in the price of crude oil has brought changes to its fundamentals, prompting the government, investors and analysts to review their positions on the economy.

The Dollar's strength also weighs on commodities, with gold dropping below $ 1320 and WTI crude oil falling back below $ 68 per barrel.

If you fall into the former category then in all candor your best play is probably to sell short crude oil futures contracts as they offer the most direct play on a bearish scenario for crude oil.

Singapore: Oil prices fell early on Thursday, pulled down by a rise in US crude inventories and record weekly US production, which is countering efforts by producer cartel OPEC to cut supplies and prop up prices.

Oil prices fell on Friday as investors cashed out big weekly profits after a rally driven by disruptions to crude supplies and Wall Street's gains from U.S. economic data.

The post Mid-Afternoon Market Update: Crude Oil Up 2.5 %; Henry Schein Shares Fall On Earnings Miss appeared first on aroundworld24.coOn Earnings Miss appeared first on aroundworld24.coon aroundworld24.com.

US 10 - year Treasury note yields fell six basis points to 2.14 % on the week while West Texas Intermediate crude oil dipped 80 cents a barrel to $ 46.75.

The markets reacted apathetically to Baker Hughes US Crude Oil Drilling Rig Count., UP 5 to 820 Rigs, Most Since March 2015 suggesting that the primary focus is falling on Iran sanctions while declining production is overshadowing the Rig count in Venezuela and Angola.

OPEC said Thursday its crude oil output fell last month amid compliance with the oil cartel's agreement to cut production, even as the world's total oil supply continued to rise on the back of burgeoning U.S. shale growth.

Meanwhile, Bayelsa Elders Council, which met in Yenagoa to review the recent spate of bombings and vandalisation of oil and gas pipelines, called on the perpetrators to desist forthwith in view of inevitable damage it may cause the economy of the states of the region and the nation, especially at a time the country was grappling with falling crude oil price.

Africa's largest economy, which relies on crude sales for around 70 percent of government revenues, has been hammered by the more than 50 percent fall in oil prices since June last year.

Oil prices, yesterday, resumed their free fall, with Brent crude, similar to Nigeria's sweet crude grade, falling 2.6 per cent to $ 31.34 a barrel following a 10 per cent rise on Friday, while U.S. oil shed 95 cents to $ 31.Oil prices, yesterday, resumed their free fall, with Brent crude, similar to Nigeria's sweet crude grade, falling 2.6 per cent to $ 31.34 a barrel following a 10 per cent rise on Friday, while U.S. oil shed 95 cents to $ 31.oil shed 95 cents to $ 31.24.

Africa's biggest economy and top oil producer is reeling from the fall in crude revenues, the source of 95 percent of foreign earnings, which has led to the naira hitting record lows on the parallel market amid dwindling foreign exchange reserves.

He is also expected to speak on the growth prospects of the country, vis - a-vis the current fiscal discipline going into an election and the revised fiscal projections for this year owing to falling price of crude oil on the international market.

«The payment was to be from revenue flows from crude oil which is sold on the international market at bench mark prices but crude oil prices fell and that source of financing the loan became inadequate... So we had indicated that once the processes start, there could be other source of financing repayment for the facility.

Day, after the lifting of sanctions on Iran, which allows that nation to saturate an already oversupplied market with oil, the price of a barrel of Brent Crude fell to less than $ 28 per barrel.

For example, since 1987, on average when the HSI was negative in a month, it fell 5.6 % but during those months, crude oil was basically flat, only dropping 0.2 % and that's not much worse than gold, the one considered the safe haven.

The result has been a negative up market capture ratio of -109.7, meaning for every 1 % rise in inflation, the S&P GSCI Crude Oil Excess Return actually fell by 1.1 % on average in the past 10 years.

The January crude contract on the New York Mercantile Exchange fell 99 cents to US$ 59.95 a barrel, adding to a loss of almost $ 3 racked up Wednesday after OPEC cut its forecast for global demand for the cartel's oil.

Crude oil prices have fallen even further on world markets, with the price of a barrel of crude hitting its lowest point in six years on TueCrude oil prices have fallen even further on world markets, with the price of a barrel of crude hitting its lowest point in six years on Tuecrude hitting its lowest point in six years on Tuesday.

From the article:... U.S. crude oil fell on Friday, on track for its fourth daily decline on continued concerns about ample supply at a time of weak global economic data and fragile demand.