Sentences with phrase «on oil trading»

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.
a b c d e f g h i j k l m n o p q r s t u v w x y z