Sentences with phrase «weighed on crude»

However, the velocity of the increase has brought more production on faster than expected, which has weighed on crude prices.

Strong Chinese factory data and a decline in the country's crude output supported the oil market, but relentless growth in U.S. output weighed on crude futures.

Not exact matches

SINGAPORE, May 3 - Oil dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that undermined efforts by OPEC to cut supplies, although potential new U.S. sanctions against Iran kept markets on the...

Oil dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production.

SINGAPORE, May 3 - Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

Among other commentators, management professor Matthew Bidwell weighed in on the problems with using «crude numeric tools» to achieve desirable behavior.

* OIL: Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

Oil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude production.

Their move to rail comes as the Obama administration continues to weigh an application for the Keystone XL pipeline, which would deliver synthetic crude oil and bitumen, an oil - containing substance, from Alberta to refineries on the Gulf Coast.

Crude oil, on the other hand, has fallen back into a bear market, setting new lows dating back to last August as oversupply concerns continue to weigh on the market.

The Dollar's strength also weighs on commodities, with gold dropping below $ 1320 and WTI crude oil falling back below $ 68 per barrel.

Brent crude in London advanced, widening its premium over West Texas Intermediate to the highest in almost 3 months as swelling stockpiles weigh on U.S. prices.

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.

Profit - taking, the stronger U.S. Dollar and government data weighed on the commodity markets on Thursday leading to lower closes in natural gas, crude oil, gold and copper.

Traders are mixed with the potential for U.S. sanctions against Iran giving crude a boost, but the stronger U.S. dollar and signs of increased supplies weighing on the commodity.

Norway has started withdrawing cash from the fund to pad widening budget gaps as low crude prices weigh on the oil - reliant economy.