Sentences with phrase «pressure on crude»

According to GasBuddy, supply vs. demand trends going into the last part of the year will be putting downward pressure on crude oil prices — something they expect to continue well into next year.
But on May 12 Baker Hughes reported the U.S. rig count rose again which, as usual, created pressure on crude prices.
A global glut in oil could put more downward pressure on crude prices, reports CNBC's Jackie DeAngelis.
CNBC's Jackie DeAngelis reports gasoline storage is reaching levels not seen in 27 - years and those stockpiles are putting downward pressure on crude.

Not exact matches

NEW YORK, April 23 - Global benchmark Brent crude turned positive in volatile trade on Monday as it jockeyed between downward pressure after Iran dashed hopes that OPEC would extend its production cap pact and support on fears that U.S. sanctions could dampen Iran's output.
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.
Oil prices came under pressure on Wednesday as weekly government data showed a larger - than - expected rise of 5 million barrels in U.S. crude stockpiles.
Third, crude prices will keep pressure on stocks as SWF selling hits hard in the first or second quarter of 2016.
A U.S. crude inventory build of 2.6 million barrels in the week through Dec. 25 could keep downside pressure on oil, reports CNBC's Jackie DeAngelis.
President Donald Trump is reportedly considering sanctioning Venezuela's crude industry in a bid to ratchet up pressure on Venezuelan President Nicolas Maduro, Reuters reported Thursday, citing an unnamed U.S. official.
As the strong dollar pressures crude, CNBC's Jackie DeAngelis reports on the oil market closing for the day.
That would account for shipping costs and the lower quality of WCS versus WTI, as crude - by - rail shipments increase and capacity returns to normal on the Keystone pipeline across the U.S., which has faced pressure limits since it leaked in November in South Dakota.
While the re-balancing of global oil markets is progressing, record - high crude and gasoline inventories continue to put downward pressure on prices.
Since then, adverse weather has limited prospects for crop supplies more than the government expected, and crude oil is up 42 percent from a year earlier, putting more pressure on agricultural prices, Hart said.
Both projects aim to reduce the pressure on a bottleneck of crude in the U.S. Midwest that's been building up for a year.
Instead, all are banking on the continued climb of crude to fuel higher cash flows, which would help alleviate some of the pressure on their balance sheets.
Global benchmark Brent crude turned positive in volatile trade on Monday as it jockeyed between downward pressure after Iran dashed hopes that OPEC would extend its production cap pact and Continue Reading
Brent crude oil prices slipped to trade at $ 49 a barrel on Wednesday, pressured by the strengthening dollar.
Economic data has been improving, financial markets are calm, and Trump's planned fiscal spending will likely put upward pressure on inflation — not to mention the impact of rising crude oil prices.
If Trump does scrap the deal, it could lead to the re-imposition of secondary sanctions on Iran, pressuring countries to cut their purchases of Iranian crude, denting global supplies, pushing oil prices higher.
Global benchmark Brent crude turned positive in volatile trade on Monday as it jockeyed between downward pressure after Iran dashed hopes that OPEC would extend its production cap pact and support on fears that U.S. sanctions could dampen Iran's output.
This rulemaking proposes to revise sampling and testing requirements and require particular sampling methods, test methods, and criteria for vapor pressure tests conducted on unrefined petroleum - based products, such as petroleum crude oil.
Gold, Crude Oil Pressured by Rising Dollar Stronger U.S. economic reports drove traders out of risky assets, putting pressure on both gold and crudeCrude Oil Pressured by Rising Dollar Stronger U.S. economic reports drove traders out of risky assets, putting pressure on both gold and crudecrude oil.
The reality of reaching peak global production of cheap, conventional light, sweet crude oil supplies will continue to force strong upper pressure on the cost of crude oil, gasoline, diesel and airplane liquid fuels.
Hawthorne tells the NRC that Exxon had a pressure drop on the pipeline and that an unknown amount of crude had spilled.
Atmospheric crude oil distillation: The refining process of separating crude oil components at atmospheric pressure by heating to temperatures of about 600 degrees to 750 degrees Fahrenheit (depending on the nature of the crude oil and desired products) and subsequent condensing of the fractions by cooling.
Indeed, the dramatic increase in U.S. oil production is the key addition to global supply that's putting downward pressure on the cost of crude, the No. 1 factor in pump prices.
(1) No False Choices: To Preserve a Livable Climate, We Need to Slash Both CO2 and Methane ASAP; (2) Oil Change International Report: Fossil Fuel Production Subsidies Exceed $ 21 Billion Annually in United States, have increased by 45 % under Obama's «All of the Above» energy policy; (3) Joint Economic Committee Hearing on «The Economic Impact of Increased Natural Gas Production» (video); (4) Leaked Trade Deal Document Shows EU Pressuring U.S. to Lift Crude Oil Export Ban; (5) Deep Decarbonization Pathways Project (DDPP) Presents Interim Report to UN Secretary - General Ban Ki - Moon.
Those savings are the market result of increased global crude supply, thanks largely to soaring U.S. production, putting downward pressure on prices.
«These additions come at a time when the energy industry is under pressure because of the volatility in U.S. crude - oil prices, which has had a significant effect on the Houston economy and commercial real estate, particularly in the office sector,» the report reads.
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