Sentences with phrase «see crude oil»

What price would you pay to never have to see crude oil flooding the streets of your neighborhood?

See multi-hubbert analysis such as documented by James Hamilton We are highly likely to see the crude oil plateau decline (= peak) in conventional crude oil within the next few years.

In 2010, after seeing crude oil hemorrhaging from the floor of the Gulf of Mexico, fish and seabirds marinating in black sludge, and Big Oil on the public pillory, the notion of gouging the deep ocean floor for fossil fuels seems reckless, if not criminal.

The Nymex crude oil market shot sharply higher and gained 10 % in value in one day Wednesday, following an OPEC meeting that saw a crude oil - production - cut agreement reached.

Not exact matches

Meanwhile, traders in distressed debt and mortgage - linked securities could be seeing pay cuts around 25 %, while crude - oil traders are expecting a 20 % cut, reported Bloomberg.

In 1986, while in charge of crude oil supply and strategic planning in the refining and marketing division at Petro - Canada, Thompson saw the worst downturn of her career.

But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude oil, and in the price of refined products, especially in Western Canada.»

Another uncertainty is Venezuela, where the state oil company PDVSA has seen its production cut in half as its economy teeters and its ability to pump and process crude deteriorates.

The hard fact for North American producers is only now are we seeing a true market price for crude oil.

With the recent drop in commodity prices, especially for West Texas Intermediate crude oil, consumers are poised to win big - time while many in the financial markets are seeing a stream of losses.

3M was seeing higher - than - anticipated costs for transportation and raw materials derived from crude oil.

Devon Energy, a mining and crude oil production company headquartered in Oklahoma City, saw a $ 1.6 billion increase in its profits in 2014.

So you go short crude oil vs. your long SLB position and you see oil rally to $ 100 and SLB trade lower.

«While we are seeing solid U.S. fuel margins year to date, this quarter's results were negatively impacted by volatility in the crude oil market, particularly in the southwest US,» he said in a news release.

This year has seen a spate of homegrown proposals, including Eagle Spirit Energy, a partnership between First Nations and Vancouver's Aquilini family which would build a crude oil (as opposed to bitumen) pipeline to Prince Rupert from Alberta, and Vancouver - based Steelhead LNG.

Daryl Guppy takes a closer look at crude oil and sees a a long - term inverted head and shoulder reversal pattern.

The rollercoaster ride in oil prices over the past three years may be old hat to investors familiar with the commodity's historical sensitivity to macro events (see chart below), but oil price volatility is by no means endemic and several factors are now lining up to suggest a calmer period for crude may lie ahead.

This month, Brent crude oil futures climbed above $ 74 a barrel, reaching highs last seen in late 2014 — a welcome development for oil producers.

Of course, OPEC now is entering month number 16 of their crude oil production cuts and that certainly has a big hand in what we «re seeing at the pump.

Oil extended gains, with Brent crude soaring more than 3 percent, on a reported decline in U.S. crude inventories and after sources signaled top exporter Saudi Arabia wants to see crude closer to $ 100 a barrel.

Of course, supply and demand will have to balance out over time, and more Iranian crude will force a larger adjustment from U.S. shale, so U.S. oil production could see a deeper contraction.

Crude oil prices soared after we are seeing the reduced risk of a trade war but increasing risk of heating up the real war in Syria.

Ben Luckock is in fact so bullish that he forecast demand could exceed supply of crude oil by 2 - 4 million bpd by the end of 2019 because of the US$ 1 - trillion in spending plans that never saw the light of day as a result of the 2014 price crash.

U.S. commercial crude oil stockpiles were seen touching new record highs for the seventh straight week, while gasoline Continue Reading

This week's crude oil inventory build takes away from the previous streak of draws that saw almost 50 million barrels removed from inventory, according to API data.

Signs of global economic turmoil are being seen from falling stock market and crude oil prices to the weakest Canadian dollar since 2004.

U.S. crude oil production may be falling faster than many had thought and we are seeing signs of that in Cushing, Okla..

Over the past several years we have seen a few amazing moves in futures positioning in a number of commodities, such as e.g. in crude oil, where the by far largest speculative long positions in history have been amassed.

While we are seeing great increases in U.S. shale oil production, the truth is that many U.S. refiners have lighter condensate than they need for heavy crude to ramp up.

If the bullish price action we have been observing follows through, we could see a dominant trend reversal that could at least lead to a new intermediate - term uptrend in crude oil.

The rise in petrol prices reflects the worldwide increase in crude oil prices since March, which reverses the decline in oil prices that had acted to reduce the CPI in earlier quarters (see Box D).

The post Irma Turning Into Monster Hurricane: «Highest Windspeed Forecasts I've Ever Seen» appeared first on crude - oil.

While the official goal of the new futures contract is to establish a regional benchmark for more useful pricing of the crude grades prevalent on the Chinese market, analysts see the yuan oil futures as a step toward China seeking wider acceptance of its currency in global trade, including the oil trade, and establishing a petro - yuan that could challenge, in the future, the dominance of the petrodollar.

National Bank analysts Travis Wood, Dan Payne and Brian Milne said in the note they were watching to see if more oil was moving out of Alberta and Saskatchewan on railway cars to clear out of the glut of crude in storage in Western Canada, which has weighed on domestic oil prices and producers.

Sector-wise, energy stocks are unsurprisingly struggling, but we see value in integrated oil companies, which could benefit from a stabilization in the price of crude.

Crude oil reserves here in the U.S. are currently at levels not seen since 1972.

In this week's Trends and Tail Risks we examine the precedent of the 1985 — 1986 crude oil price collapse — and OPEC's role in it — to see how we may apply the lessons of the past to the future.

Pipeline operator Enbridge Inc. saw increases in the shipment of crude oil across its Mainland system, earning 61 cents per share — an average of 5 cents higher than analyst predictions.

Oil futures jumped nearly 3 per cent on a decline in US crude inventories and after sources signalled Saudi Arabia wants to see the crude price closer to $ US100 a barrel.

I have been convinced that crude oil prices will inevitably find a bottom in 2012 that is well above the prices we saw in 2011 — well above $ 100 a barrel in global average price.

Update — Crude oil: Starting to see headline and murmurs about a potential for OPEC to freeze output — AGAIN!

Chevron's refining business, which processes crude oil into fuels like gasoline, saw profits surge 70 percent from last year to $ 1.8 billion.

Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.

Brent crude oil is currently stuck in a relative tight range with low volumes seen following yesterday's Netanyahu surge.

Economists had expected a deficit of $ 2 billion for 2018's second month, and are blaming the large deficit on an increase in energy imports which hit their highest level since November 2014 (the country saw imports in crude oil and refined petroleum products grow 15.4 % and 24.1 % respectively).

They're the two largest exporters of crude oil and, as you can see above, Russia requires an oil price north of $ 100, Saudi Arabia right at about $ 95 per barrel on a Brent basis, and we're below that number now.

Light, sweet crude oil, which has already spiked close to 40 percent since June this year and is up by more than 100 percent from the 2016 lows of $ 26 a barrel, will likely see an all - out rally with the 2008 highs paling in comparison.

He remains short the Stock Market, sees something going on in the Crude Oil market, & explains how he intends to manage risk - R. Zurrer for Money Talks

«For now, the upward momentum that drove the price of Brent crude oil to US$ 70 per barrel has stalled; partly due to investors taking profits, but also as part of the corrections we have seen recently in many markets,» the IEA said.

Similarly, WTI, the benchmark for U.S. crude oil, has seen steadily increasing volumes and open interest for the last several years.