Last week, headlines were focused
on oil trading down to a six - and - a-half-year low.
Not exact matches
Saudi Arabia's state - owned
oil behemoth had planned to begin
trading on the country's domestic stock market — the Tadawul — and one or more foreign exchanges in the second half of 2018.
NEW DELHI, May 1 - India asked Japan
on Tuesday to help build infrastructure needed to boost the usage of liquefied natural gas in India and elsewhere in Asia, India's
oil minister Dharmendra Pradhan said after a meeting with Japan's
trade minister Hiroshige Seko.
LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again
on Tuesday, as the recent rise in
oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant
trading was thinner than usual, though there was more than enough news flow to keep those...
«Thus, the risks of potential «
trade wars» and the potential negative impact
on the global economy and
on oil demand if these risks do materialise should constitute a serious concern for OPEC,» the authors argue.
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.
The latest commodity
trading prices for
oil, natural gas, gold, silver, wheat, corn and more
on the U.S. commodities & futures market.
«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.
In the
oil markets, prices dropped back from $ 90 amid some profit - taking — benchmark
oil for October delivery was down $ 1.03 to $ 89.18 per barrel in electronic
trading on the New York Mercantile Exchange.
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.
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.
Ever since John F. Kennedy signed Presidential Proclamation 3447
on Feb. 3, 1962, declaring «an embargo upon all
trade» in response to Cuba nationalizing U.S. - owned Cuban
oil refineries without compensation, Americans have been effectively blocked from doing business in the country.
Oil prices dipped during afternoon
trade on Monday, erasing gains supported by a political rift in the Middle East, before investor concerns over a global supply overhang returned.
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.
The agency also sought information
on oil, energy, and
trade.
With
oil trading below $ 50 a barrel, economists are scrambling to determine the fallout of declining energy prices
on the U.S. and global economies.
Tamar Essner, Nasdaq energy director, provides insight to efficient
oil production in the Permian Basin, and whether there is likely to be a lower
trading range for
oil as Saudi Arabia loses its grip
on prices.
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.
Oil prices were higher in choppy
trade on Wednesday, as a bigger - than - expected U.S. crude stock build pressured prices, but large draws of fuel stocks provided some support.
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.
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.
On Friday, international benchmark Brent crude
oil was
trading within $ 2 of its 2017 high of $ 58.37.
China claims most of the South China Sea, an important
trade route which is believed to contain large quantities of
oil and natural gas, and has been building artificial islands
on reefs, some with ports and air strips.
A domestic energy boom has seen the United States reduce its dependence
on foreign
oil, helping to temper the
trade deficit.
The usual proxies for global growth —
oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower as investors bail out of any kind of
trade predicated
on growth in China and the rest of the emerging world, which accounts for 85 % of the world's population.
CNBC's Jackie DeAngelis reports
on the
trading action in crude, as
oil prices slide
on global growth worries over demand.
CNBC's Jackie DeAngelis reports
on the final
oil close of the week and looks ahead to next week's
trading.
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.
His strategy for BBL was to
trade oil «across the barrel» — refined products as well as crude itself — and to stay focused
on short - term opportunities while keeping one eye
on the horizon.
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.
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.
Oil, of course, is a globally
traded commodity, and those new costs of doing business will in time be passed
on to consumers.
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.
«But the potential for
trade wars would be the main issue for me going forward, that's the clear and present danger and what effect it may have
on oil prices,» he added.
Preeya Malik is a licensed attorney, entrepreneur and expert
on investment immigration, with an interest in
trade reform and the large fiscal surpluses in
oil - exporting economies, which has expanded the firm's reach to large portfolio of investor contacts in the Middle East and India.
Oil prices were pulled down in early
trading on Thursday as OPEC warned of slowing demand.
«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.
Benchmark
oil for October delivery was down $ 1.28 to $ 107.52 per barrel in electronic
trading on the New York Mercantile Exchange.
On Wednesday,
oil prices were
trading higher, after hitting a three - month low earlier in the week.
In this week's Trader Poll, tell us how you are
trading oil - are you buying
on rumor, selling
on cynicism or looking for value elsewhere.
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.
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.
Citigroup went the furthest this week with a major bullish call
on the energy sector, saying that
oil could be the «
trade of the year.»
Priced in yuan and
traded on the Shanghai International Energy Exchange, it's the first such Asian benchmark for
oil deals.
Trade CFDs and commodity ETFs
on energy market including
oil, natural gas, heating
oil, ethanol and purified terephthalic acid
NEW YORK (Reuters)-
Oil jumped as much as 3 percent
on Tuesday as a weak dollar propped up commodities, but crude prices came off their highs in post-settlement
trading on signs of another big U.S. supply build last week.
All markets will continue to focus
on the volatility in the equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings,
oil prices, and will turn to this afternoon's FOMC Meeting Statement followed by reports tomorrow
on UK PMI, Eurozone PPI, CPI, US Challenger Job Cuts, Productivity, Unit Labor Costs, Jobless Claims,
Trade Balance, Markit Services PMI, ISM Services, Durable Goods and Factory Orders for near term direction.
First, BP's CFO Brian Gilvary warned
on CNBC that the crude
oil price, which is
trading at...
The U.S. dollar clung to gains amid fading concerns over a global
trade war, while
oil soared
on a reported decline in U.S. crude inventories and the possibility of supply disruptions.