Sentences with phrase «to oil»

Crude oil prices in Canadian dollars for Brent (North Sea, UK), West Texas Intermediate (Cushing, OK, USA), and Edmonton Par.
Fracking is part of the problem, but the report states that most human - induced quakes are caused by the oil and gas industry's use of injection wells to dispose of wastewater - the contaminated liquid that gets pumped out of the well during oil and gas extraction.
The field, covering nearly 75 square miles, was discovered in 1911 and has produced over 2 billion barrels of oil equivalent (BOE), making it one of the most productive fields in the United States.
NEW YORK, April 30 - Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.
It's easy to see why we should produce our own energy — relying on other countries for oil, natural gas, and coal (the biggest sources used today) can get complicated.
But there was cause for caution too: Disappointing British manufacturing and consumer lending figures added to Europe's recent run of poor data, worries about Iran's nuclear deal simmered in oil markets, and Wall Street was waiting for Apple's results following recent whispers of weak iPhone demand.
It would be easy to conclude amid a big rally in crude that it's oil.
As the North American oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for oil - by - rail, what is clear is that the North American oil market will eventually settle into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.
Prime Minister Stephen Harper lent support to the 1,200 - kilometre, $ 6 - billion pipeline that would carry more than 500,000 barrels a day of crude oil from Edmonton through the Rockies to Kitimat, B.C., where it could be transported by tanker to markets in the U.S. and Asia, including China.
The quest to regain the top producer spot in one of the most - prolific U.S. shale basins had eluded Hamm's Continental since at least 2014, when Whiting bought smaller rival Kodiak Oil and Gas.
I put more faith in futures markets than in private sector and budgetary forecasts, but given the recent escalation of oil prices, there is a reasonable chance prices end up matching or exceeding the estimates in Budget 2016.
At the same time the sudden decline in oil prices caused a slowdown in fracking activity.
What it does: Sells essential oil - based wellness products through its own stores and online
Among other things Mr. Newsom helped set up a public - relations department within the company and retained the firm of Elmo Roper to poll public reaction to the oil industry in general and Jersey Standard in particular.
The market was also supported by concerns around oil output from Venezuela.
«You have an economy where 85 percent of export is some form of oil and the rest, even the non-oil, is petroleum products,» Iradian said.
In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.
* OPEC - led cuts, political risk, strong demand have lifted oil.
A grace period on Chinese loans to Venezuela has lapsed, potentially depriving the cash - strapped OPEC nation of billions of dollars in desperately needed oil revenue this year.
If the U.S. develops its oilsands and its oil shale resources in the western states, it will be great news for Canada's energy industry for several reasons, writes Erica Alini.
Netbacks, profit after subtracting transport and other expenses, averaged C$ 16.80 per barrel of oil equivalent in the first quarter, compared with C$ 21.25 a year earlier.
The state - owned oil firm is expected to list on the Saudi stock exchange in the second half of the year, but an international listing is said to have been temporarily shelved.
This sweet, rich oil was shown to do some pretty nifty things for abdominally obese women in a 2009 study out of Brazil, including decreasing their waist circumference, increasing beneficial HDL (high - density lipoprotein) cholesterol and improving the ratio of «bad» LDL (low - density lipoprotein) to «good» HDL cholesterol.
For Saudi Arabia, the price of oil needed to balance the 2018 public spending is $ 83 a barrel.
But higher oil prices are certainly an inconvenience for drivers, especially those with lower incomes.
Did she change the oil, rotates the tires, etc?
The program had aimed to use a number of measures to wean the country off oil by 2020.
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«I would say take Egypt over Saudi Arabia because the Saudi economy is more vulnerable to oil prices.»
Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.
Nearly all say they have had a freer hand with Standard Oil Co. (N.J.) than they would have had with any other employer.
The OPEC member that needs the «lowest» price of oil to balance this year's expenditure is Iran, at $ 52 a barrel, according to data by RBC Capital Markets.
The comments reflect those made by Saudi Oil Minister Khalid Al - Falih who this month said that oil prices could rise to $ 75 without causing economic damage.
A few decades from now, all the equipment needed to process oil may be installed on the seabed.
People, it appeared, thought that the oil industry was bad — especially Standard Oil — and that all the Standard companies (Ohio, Indiana, et al.) were still one trust, as they had been before the dissolution in 1911.
• SK Capital agreed to acquire the Fire Safety and Oil Additives Businesses of Israel Chemicals Ltd. (TASE: ICL) for approximately $ 1 billion.
New natural gas pipelines do not face the same kind of opposition as oil pipelines because the product is a gas and, in case of a leak, it escapes into the atmosphere rather than fouling waterways and soil.
KUALA LUMPUR, April 24 - Malaysian state - owned oil company Petroliam Nasional Berhad, better known as Petronas, on Tuesday said it had delivered its first liquefied natural gas cargo to South Korea's No. 3 refiner S - Oil Corp..
LONDON, April 25 (Reuters)- Oil eased on Wednesday, but held in sight of three - year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market.
But that price gap between Canadian oil and its international competitors narrowed when the railways stepped into the void.
Even Malaysia's national energy company, apparently, is pausing to heed the market signals as crude oil prices plunge.
Jeffrey Gundlach, one of the world's most closely watched investors, recommended a short position in social media giant Facebook Inc and a long position in the SPDR S&P Oil and Gas Exploration ETF.
Realities such as these have made it difficult to apply game theory to the global oil market.
These bio-fuels — which are clean burning with a high oil content, according to Kay — are then sold to businesses in the U.K. and used to power both buildings and transport.
A global oil company executive recently predicted that petroleum's dominance of world energy would last only another 20 years; other ways of providing energy, particularly for transport, were about to emerge.
The Moho Nord oil project is also an opportunity to help create value in the host country.
The recession of 1973 - 1975 in the U.S. came about because of rocketing gas prices caused by OPEC's raising oil prices as well as embargoing oil exports to the U.S..
Scientists have tied the quakes to the injection of saltwater, a normal byproduct of oil and gas drilling, into deep disposal wells and underground caverns.
The central bank warned that the weaker oil prices could have an even more dramatic effect on the economy, and that heavily indebted households could stop spending.
The Oklahoma Oil and Gas Association, however, disputes the state's conclusions.
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