Sentences with phrase «when crude oil»

Some other carriers, mindful of the irony of imposing fuel surcharges in the day and age when crude oil prices are at 15 - year low have changed the name, too.

When the crude oil report is released every Wednesday morning at 10:30 a.m., ET, it will more than likely cause the oil market to move.

There are times when Crude Oil Weekly Inventories exits and re-enters on the same bar, if for example, it hits its $ 700 profit target during the entry time frame, and then re-enters into a new trade.

The alcohol advocates would contend, however, that when crude oil becomes less plentiful these employees would face loss of position anyway.

«If somebody is being short - changed then I think we have to ask the relevant questions but 27 percent at this time when crude oil prices is declining... I think is asking too much of Ghanaians,» Mr. Assibey Yeboah said.

Gas prices also drop when crude oil prices drop - the flip side of that regulation.

Retail gasoline prices dropped to low levels in the first quarter of 2016, when crude oil prices were bottoming, and that created a surge in demand that was not repeated in 2017.

Many indie gas stations buy gas from name - brand oil companies, and they're often the first to slash prices when crude oil rates drop, NPR reported.

The correlation analysis approach is employed when a forex trader waits for the perfect moment when the crude oil graph exhibits a delayed response close to expiry, the investor would then execute the trade based on the direction of EURO / USD relative to the present price of oil.

After dropping ConocoPhillips, Berkshire built up a large position in Exxon Mobil at a time when crude oil prices were near their highs in 2013.

«When crude oil goes to $ 55 a barrel, I can take a 12 percent to 18 percent hit on my corrugated [boxes] and plastic packaging,» says the founder of the 15 - person firm.

He cited automobile fuel's propensity to rise even when crude oil falls, due to refinery problems like a recent ValeroEnergy outage.

Not exact matches

The transport bottlenecks have increased the discount buyers take for Canadian oil over U.S. light crude and Cenovus said its differentials averaged $ 24.28 per barrel in the first quarter, a 67 percent jump when compared with last year.

But when oil companies cut down production in response to depressed prices, the money stops flowing along with the crude.

The world's largest publicly - traded oil and gas company by market value has ridden out a collapse in crude prices better than most, its vertically - integrated model allowing downstream businesses to capture the value that upstream operations lose when oil prices are low.

While the short position Chanos has in Alibaba has not worked out, Yusko was right on one of his most bearish calls in recent years: In early 2015 he predicted oil would hit $ 30 when many thought crude had already hit a bottom.

The energy market could have a new benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude oil.

For example, refining margins tend to expand when oil prices decline as the savings refiners reap from using cheaper crude to make gasoline and other products aren't immediately passed on to consumers at the pump.

The deal, when announced last autumn, was predicated on a recovery in the oil price to $ 60 per barrel by 2019, an increase that now seems less likely with a glut of crude still circling the globe and keeping prices below $ 50.

As crude prices began to plunge last year, many energy experts predicted a repeat of 1986 when U.S. oil companies lost their funding and the industry collapsed into a yearslong bust.

When fully connected to existing lines, the line would be the first to carry crude oil from the Bakken shale directly to the U.S. Gulf.

Meanwhile the carbon footprint on conventional oil — especially when shipped from farther afield and refined from ever - heavier crudes — is increasing.

When the spread between West Texas Intermediate crude oil and Western Canadian Select narrowed to US$ 10 a barrel last summer, some analysts declared that the big price differentials were gone for good.

LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

When national budgets of various oil - producing countries are determined by crude prices, then a lower price forces capital to be repatriated back to the country of origin (and we haven't even mentioned Russia, which is flooding the crude market for budgetary reasons).

Both price rises helped recoup some of their losses from Thursday, when investors worried that the storm would force refineries to temporarily stop processing crude oil, leading to excess supply.

The roll yield is the profit traders can earn when they roll their investment in crude oil futures, which expire every month, into contracts that expire at a later date.

Because energy producers cut back on drilling and production when oil is cheap (and less profitable for them), investors were concerned that they would also stop ordering as many of MRC's pipes, which are used to pump and transport crude.

When Sarah Palin was the governor of Alaska and North Slope crude oil was reaching its all - time record price of around $ 144 in July of 2008 — just as she was being named the GOP vice presidential nominee — the chant seemed like a no - brainer:

Wondering how an oil storage and pipeline company could grow revenue 73 % during a year when declining crude prices crushed most companies in that industry?

However, that configuration is ill - suited to an era when the fastest - growing crude oil supply is coming from the middle of the bowl, from U.S. oil producers using new extraction techniques and the Canadian oilsands.

When the discount is above $ 20, oil producers will pay to haul crude up to five hours, more than twice as far as usually makes economic sense, Zielinski said.

Benchmark crude futures contracts have in the past week wiped out the gains made since the end of September when the Organization of the Petroleum Exporting Countries said it would agree to cut oil production to shore up persistently low prices.

Suncor Energy Inc. and Imperial Oil Ltd. are accusing Enbridge Inc. of overbuilding pipeline capacity into the U.S. at a time when it's not needed, and are looking to escape the increase in tolls that will come once Alberta Clipper, a major new crude pipeline, enters service later this year.

But the refinery making that gasoline is sure making a lot more money when it uses bitumen from Alberta than when it has to pay world oil prices for its crude.

Libya and its growing crude oil output became a major worry for OPEC in the last few months when attacks on fields and pipelines largely subsided, allowing the country holding Africa's biggest oil reserves to recover its production to over 1 million barrels.

The market correction could be nearing an end when these three charts for Apple, Starbucks, and crude oil start to reverse course.

When things get back to normal, there will be strong demand for both crude oil and refined products.

But when the B.C. government announced this week plans to bar increases to diluted bitumen (oil sands crude) shipments while it launches a new panel study of spill research, the group Stand.earth advised Kinder Morgan investors to call their brokers because this will delay or permanently thwart the company's federally approved Trans Mountain pipeline expansion.

July 2016 Oil and Gas Prices Global crude markets showed resilience in June when both Brent and WTI rallied to a 2016 high above $ 51 / bbl, due to continuing outages in Nigeria and Canada, as well as a 1.7 % decline in U.S. production.

ISHARES S&P / TSX CAPPED ENERG Ticker: XEG / TSX Oil companies will likely beat expectations when they announce earnings over the next two weeks based on the recent strength in crude prices and refining margins.

Although the Permian has been gushing crude since the 1920s, its multiple layers of oil - soaked shale remained largely untapped until the last several years, when intensive drilling and fracturing techniques perfected in other U.S. Shale regions were adopted.

For instance, one of the good options you have when it comes to investing in the oil industry is the sale of crude oil.

The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.

Moreover, when looking at 5 - year crude oil storage trends, the surplus is even more eye - opening: roughly 82 million more barrels are in storage now than five years ago.

Here it is worth mentioning that when oil companies talk about the price of oil, they are referring to the price quoted on popular futures exchanges — prices which reflect only the price of crude oil itself.

Crude oil, as well as EUR / USD currency pairs, are two assets used with correlation analysis as both assets go in the same direction which can be noticeable when monitoring the graphs.

Crude - oil prices have dropped considerably since their peak in 2008, when prices briefly touched $ 147 a barrel.

Q: You've been an advocate of efficiently getting oil sands crude to market, but how economically viable is a pipeline when oil is well below $ 60?

Then, in 1997, when crude was priced below $ 20 per barrel, he decided to make a huge bet on oil.