Prior to 1996, the value
shares of each crude oil component are held constant at their 1996 level.
Of the total exports,
the share of crude oil was about 12.5 percent to the gross export value, thereby augmenting the role of crude oil in Canada's external trade.
«The U.S. remains an outlet for countries trying to maintain their market
share of crude oil sales.»
This share of production is even greater than
the share of crude oil produced using that method, where hydraulic fracturing accounts for about half of current U.S. crude oil production.
Not exact matches
Malaysia's
shares and currency have been hit with a toxic brew
of declines in the prices
of its commodity exports, especially palm
oil and
crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal
of the prime minister from power.
And in 2007, with
crude prices on the rise, voracious demand for new
shares of PetroChina on the Shanghai Stock Exchange caused the Chinese
oil and gas company's market value to briefly top $ 1 trillion.
LONDON, May 3 - Libya's National
Oil Corp is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources sa
Oil Corp is withholding Total's
share of crude from the Waha concession as a dispute drags on over the French
oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources sa
oil major's purchase
of Marathon's stake in the concession two months ago, Libyan
oil and industry sources sa
oil and industry sources said.
LONDON, May 3 (Reuters)- Libya's National
Oil Corp (NOC) is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources sa
Oil Corp (NOC) is withholding Total's
share of crude from the Waha concession as a dispute drags on over the French
oil major's purchase of Marathon's stake in the concession two months ago, Libyan oil and industry sources sa
oil major's purchase
of Marathon's stake in the concession two months ago, Libyan
oil and industry sources sa
oil and industry sources said.
According to two Libyan
oil sources and an industry source with knowledge
of the matter, all speaking on condition
of anonymity, Total has so far not received any
of its
share of crude cargoes from Waha.
In April, Saudi Arabia had expanded its
share of China's
oil market as it shipped 5.26 million tons
of crude to the Asian nation, the highest level since July 2013.
Crude oil price volatility rose significantly, driven by the desire
of some large producing countries to capture greater market
share by driving prices down sharply.
Instead
of re-creating a «cryptocurrency», or «token» using blockchain technology, Aramco creates digital
shares of a pre-fixed amount
of crude oil, reserved by the company.
TOKYO (AP)-- Asian
shares were mixed in early trading on Thursday after an overnight reversal from losses on Wall Street, thanks in part to a pickup in the price
of crude oil.
The strategy is designed to drive out higher - cost producers
of heavy
oil and shale, whose rapid development is squeezing Middle East
crude out
of the huge U.S. market and threatens to eat into its
share of other lucrative growth markets.
Shares in energy companies fell as the price
of U.S.
crude oil declined.
Business columnists highlighted a 6 % to 8 % drop in
share price at MEG Energy, Trilogy and Cenovus, but they failed to mention that Suncor, Husky and Imperial dropped less than half that amount (about 3 %) and that all energy stocks were up by the close
of business Friday due to higher
crude prices and «a more positive sentiment for things
oil - related these days.»
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.
Kuwait and Saudi Arabia agreed that any resumption
of crude production from
shared oil fields along their border won't raise their output beyond limits set at an OPEC meeting last Continue Reading
Currently the price
of crude oil is hovering around 50 $ / barrel and the corresponding ETF like USO is around 20 $ /
share.
For an easy correlation trade, investors could buy
shares of the exchange - traded fund for
oil, United States Oil (NYSE: USO), when the price of crude ris
oil, United States
Oil (NYSE: USO), when the price of crude ris
Oil (NYSE: USO), when the price
of crude rises.
An IEA collective action would be initiated in response to a significant global
oil supply disruption and would involve IEA Member Countries making additional volumes
of crude and / or product available to the global market (either through increasing supply or reducing demand), with each country's
share based on national consumption as part
of the IEA total
oil consumption.
Condensates are a class
of hydrocarbons distinct from
crude oil, but they
share enough
oil - like characteristics frequently to be lumped in with the latter, as in US export regulations.
The gift that is American energy is seen in some key numbers: domestic
crude oil production reaching more than 9 million barrels per day last month, the highest level in more than two decades, according to the U.S. Energy Information Administration (EIA); total U.S. net imports
of energy as a
share of energy consumption falling to their lowest level in nearly 30 years during the first six months
of this year; gasoline prices dropping to an average
of $ 2.47 per gallon last week, their lowest point since May 2009, according to the Lundberg Survey Inc..
But while Saudi Arabia — the world's second largest
oil producer — continues pumping out
oil to protect its market
share in the face
of swelling US
crude output, what is the impact
of reduced spending in the region for the legal market and how are local law firms faring compared to their international counterparts?