Sentences with phrase «spot price of oil»

[8](see: Oil - storage trade) It was estimated that perhaps a $ 10 — 20 per barrel premium was added to spot price of oil as a result of this.

Because the profitability of oil companies tends to move along with changes in the spot price of oil, these securities often serve as effective trades on the related commodity.

On the flip side, your 25 cent per gallon «downside protection» means that the average daily spot price of oil would need to dip below $ 2.00 / gal throughout the upcoming heating season before you broke even.

For an additional 25 cents per gallon you can purchase «downside protection» which gives you the benefit of lower priced oil in the event the spot price of oil is lower than the $ 2.40 / gal on the day it was actually delivered.

Using the example above again, consider if the spot price of oil was $ 50 per barrel, and the contract were physically settled.

Of course, if the spot price of oil at delivery was $ 98 instead, you'd make $ 3 per barrel.

Not exact matches

On Thursday, again, the price of oil tumbled with the spot price slipping below $ 75 a barrel; that's a four - year low.

The oil market remains in what's known as contango — with the future price of crude trading at a higher level than today's spot price.

The ETF tracks the spot price of West Texas Intermediate (WTI) light, sweet crude oil.

First, it effectively takes excess oil out of an already glutted market, which alleviates downward pressure on spot prices.

Now, aside from the usual nonsense in the Middle East, we have specific hot spots which should see the risk premium in the price of oil rise over the next few months.

Market Focus Middle East Investment Banking Although investment bankers remain cautious about Middle Eastern prospects in the wake of falling oil prices, M&A activity and debt issuance remain bright spots.

Using daily spot prices for platinum group metals, gold and crude oil, daily levels of a broad U.S. stock market index, monthly U.S. consumer and producer price indexes and monthly U.S. industrial production levels during July 1992 through December 2011, they find that: Keep Reading

Specifically, they relate spot West Texas Intermediate (WTI) crude oil price to: the U.S. dollar exchange rate versus a basket of developed market currencies; Dow Jones Industrial Average (DJIA) return; U.S. short - term interest rate; the S&P 500 options - implied volatility index (VIX); and, open interest in the NYMEX crude oil futures (as an indication of financialization of the oil market).

If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).

OPEC, especially its Middle Eastern producers, will be closely watching the futures contract because once established, the Chinese reference crude price could act as a regional benchmark for negotiations of spot or term crude oil prices.

If this isn't the case and all the oil being produced is needed for current consumption, then the price of oil for future delivery can drop to an unusually low level relative to the spot price and stay there.

Considering the case of the oil market, I mentioned above that the spot price is currently about $ 59 and the price for delivery in December - 2016 is about $ 64.

Before rushing to buy a futures contract or calling your broker about spot prices, consult the following beginner's guide to investing in oil (including which type of investors are best suited to do it, and how much of your portfolio oil should comprise).

The investment seeks to replicate, net of expenses, the daily changes in percentage terms of the spot price of Brent crude oil as measured by the changes in the price of the futures contract on Brent crude oil as traded on the ICE Futures Exchange.

Some of those now selling oil stocks were among the people buying on July 3, 2008 — when the spot price of West Texas Intermediate peaked at $ 145.31.

The energy and materials sectors have been the sore spot for the high yield market, given the anxiety over credit quality, as current low prices in oil and commodities, along with a Fed increase in rates, may be a cause for concern for future earnings and the cost of capital.

The investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil.

Commodity swaps involve the exchange of a floating commodity price, such as the Brent Crude oil spot price, for a set price over an agreed - upon period.

United States Oil Fund (USO), for instance, tries to track the spot price of light, sweet crude oil by buying oil - futures contracOil Fund (USO), for instance, tries to track the spot price of light, sweet crude oil by buying oil - futures contracoil by buying oil - futures contracoil - futures contracts.

For example the price of oil indexes based on oil futures may differ from the «spot price» for oil.

This strategy also results in unanticipated, or «windfall» profits: If the contract is purchased forward twelve months at $ 100 and the actual price is $ 150, the refiner will take delivery of one barrel of oil at $ 100 and the other at a spot price of $ 150, or $ 125 averaged for two barrels: a gain of $ 25 per barrel relative to spot prices.

If such is the case, the premium may have ended when global oil storage capacity became exhausted; the contango would have deepened as the lack of storage supply to soak up excess oil supply would have put further pressure on spot prices.

Monthly average Brent crude oil spot prices have increased in 9 of the past 10 months, most recently averaging $ 72 / b in April.

The Brent crude oil spot price averaged $ 112 per barrel in 2012, and EIA's July 2013 Short - Term Energy Outlook projects averages of $ 105 per barrel in 2013 and $ 100 per barrel in 2014.

Plus there is always the rationalizatio that «my prediction was correct except for...» (add any imagined or postulated event that was unforeseen, such as Chinese pollution, ENSO variability, solar cycle 24 inactivity, global recession, increased price of oil on Rotterdam spot market, etc., etc.).

Using the calculated average spot price for crude oil in 2008 of $ 94.81 per barrel, the total value of exported crude oil was approximately $ 1464 billion.

«Forecasting the conditional volatility of oil spot and futures prices with structural breaks and long memory models.»

When the ball dropped to announce the arrival of 2015, the price of oil did a spot - on impression and dropped 51 % (to $ 53.45).