Sentences with phrase «on oil futures»

I won't get into the details about how betting on oil futures works here, but see HowStuffWorks for an elementary introduction.
For this reason, we argue that focus on oil futures should shift away from attention on oil as purely a scarcity problem toward a focus on managing the impacts (both social and environmental) of oil substitution.
For example the price of oil indexes based on oil futures may differ from the «spot price» for oil.
Bets on oil futures reached 1.47 million contracts for the week ending on November 15, the largest trading volume in nearly a decade.

Not exact matches

Brent crude oil futures were last up 12 cents at $ 73.98 a barrel at 0937 GMT, some 2 percent below the November - 2014 high of $ 75.47 reached on Tuesday.
Steven Cook, senior fellow for Middle East and Africa Studies at the Council on Foreign Relations, said higher oil prices lessen all the worries from 2015 and 2016 about the Saudi government's ability to maintain its commitments, but the consolidation of power in the hands of the Crown Prince also is significant for the market and investors as his reform program is widely regarded as critical for Saudi Arabia's future prosperity.
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.
When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.
NEW YORK, April 24 - Oil prices slipped on Tuesday as concerns the United States might reinstate sanctions against Iran faded somewhat, reducing worries about the future of Iranian exports.
Brent crude oil futures were down 14 cents at $ 73.72 a barrel at 1128 GMT, some 2 percent below the November 2014 high of $ 75.47 reached on Tuesday.
During oil's deep decline, Schlumberger offered to drill in oilfields that were on hiatus in exchange for a share of future production, a move that was «very controversial» and has yet to pay off, says Colin Davies, an analyst at Bernstein.
The latest commodity trading prices for oil, natural gas, gold, silver, wheat, corn and more on the U.S. commodities & futures market.
Yet with global growth declining, oil inventory at record levels, and momentum on the side of increasingly cost - competitive renewable energy technologies, there remains a high possibility the energy sector will face another existential crisis in the near future.
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.
Oil prices were steady on Thursday following a larger - than - expected increase in U.S. crude inventories: U.S. crude futures were higher by 0.04 percent at $ 67.96 per barrel and Brent crude futures for July delivery were flat at $ 73.36.
But as we know, oil prices and Canada's overall economy will have a strong impact on the city's growth in the future, and the possible effects of the oil price drop were not factored into our calculations.
The B.C. government has pinned much of the province's economic future on LNG exports, saying the projects are equivalent to Alberta's oil sands in terms of jobs and revenue generation.
Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.
On this year's list, robots are going places no human has ever been, «big data» is doing things that weathermen have never been able to master, carbon is being captured from waste and turned into fuel simultaneously, fiber optic cables are searching for oil, and future well blowouts are being averted (maybe).
A number of funds bet heavily on an oil rally early in the year, boosting long futures positions to a record in late February, before oil went into a prolonged slump as global supply remained elevated despite cuts from OPEC.
The Panel excluded any discussion of the environmental impacts of oil sands development, although they did allow the consideration of increased oil prices generated by the pipeline on the taxes and royalties associated with forecast future oil sands production.
The plan is to launch an oil futures contract on the Shanghai International Energy Exchange (INE), but there are obstacles in convincing large oil producers and consumers in using the yuan and investing in the Shanghai benchmark.
There's no doubt in Keller's mind that the future can't run on oil — and that, he says, presents opportunities for Cascade.
The CEOs were divided on the price of oil in the future.
And since the ranking draws on 2014 data, it doesn't account for last year's precipitous drop in oil prices, which may in future drag down compensation for energy sector bosses, who are well - represented on this list.
«The exports are what we need to focus on through the next 30 days,» Kloza, co-founder of the Oil Price Information Service, told CNBC's «Futures Now» last week.
Strong Chinese factory data and a decline in the country's crude output supported the oil market, but relentless growth in U.S. output weighed on crude futures.
It's not her first short - term bearish oil call on «Futures Now.»
West Texas Intermediate (WTI) oil futures for April delivery traded 6 cents higher near $ 61.25 a barrel as of 11:05 a.m., ET, after settling up 23 cents on Thursday.
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.
He is a Fellow at Columbia University's Center on Global Energy Policy and the author of the forthcoming book «Missing OPEC: The History and Future of Boom - Bust Oil Prices,» from Columbia University Press, 2016.
The future viability of oil sands projects depends not just on your view of world oil prices — it depends just as much on how these factors evolve, in particular discounts to Canadian heavy products and the Canadian dollar.
LONDON, Nov 1 (Reuters)- European oil futures fell on Thursday as investors continued to analyse the aftermath of super storm Sandy, while U.S. futures gained as U.S. markets geared back up after the severe battering to the east coast delivered by Sandy.
Brent crude, which is used to price international varieties of oil, was down 47 cents to $ 112.86 per barrel on the ICE Futures exchange in London.
CNBC's Jackie DeAngelis reports on commodities as several options and futures contracts expire Friday, and the factors supporting the price of oil.
The «Futures Now» team discusses crude oil plunging 2 percent on supply concerns, and where it may head from here.
The Futures Now team discusses the oil market as crude is on - track for its longest losing streak since February.
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.
The Futures Now team discusses crude oil on the move, with Jim Iuorio, TJM Institutional Services, and Jeff Killburg, KKM Financial.
Instead of a world dominated by renewable sources of power like wind and solar — as people concerned about the dangers of climate change would hope — PE execs see gas, oil and even coal as a substantial component of electricity and fuel sources in 2039, according to recent interviews conducted by CNBC.com on the future of energy as part of CNBC's 25th anniversary.
Brent crude, used to price international varieties of oil, rose $ 1.33 to $ 108.02 per barrel on the ICE Futures exchange in London.
Chevron said on Friday it plans to spend between $ 25 billion to $ 28 billion next year and expects to further slash spending in 2017 and 2018 as well, an acknowledgment that oil prices are not expected to rise at all in the near future.
On the New York Mercantile Exchange, oil futures for June delivery were up 37 cents to $ 114.30 a barrel, while in London, Brent crude gained 22 cents to $ 126.11.
The longer that the low oil prices last, the longer that very high prices will persist in future years due to the extreme drop in spending on current exploration.
The Bloomberg WTI Crude Oil Subindex is a single commodity subindex of the Bloomberg CI composed of futures contracts on crude oOil Subindex is a single commodity subindex of the Bloomberg CI composed of futures contracts on crude oiloil.
The only production that could be brought back on line fast is shale oil, but without the extremely low interest rates caused by government meddling, shale drilling will be much more expensive in the future.
In short, the argument was based on a supply - driven analysis that weighed the sources of future oil supply against the prices that would -LSB-...]
I ask this because some credible folks (well, Goldman Sachs is among them, but still...) have indicated that as much as 30 % of the run - up in oil prices is due to speculation on the futures markets.
If news breaks that a deal is in hand, oil prices will sink on the expectation of this future volume, potentially dropping by $ 5 to $ 10 per barrel.
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