Sentences with phrase «world crude oil prices»

3, no. 20 (21 June 2005), pp. 429 — 35; U.S. Department of Energy (DOE), «World Crude Oil Prices,» and «U.S.. All Grades All Formulations Retail Gasoline Prices,» at tonto.eia.doe.gov, viewed 31 July 2007; USDA, Production, Supply and Distribution, electronic database, at www.fas.usda.gov/psdonline, updated 12 May 2009; USDA, Feedgrains Database, electronic database at www.ers.usda.gov/Data/feedgrains, updated 19 May 2009.

IES can confirm that the world crude oil prices have fallen by more than 1.48 % within the first pricing window.

Obviously, over time, gasoline prices track world crude oil prices very closely — they just don't necessarily track local ones.

Not exact matches

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.

The long era of too much oil sloshing around the world and low prices is coming to an end, just as global events are heating up crude prices.

The depressed prices mean lower prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's oil industry, which spent billions on oilsands projects after world crude prices had risen high enough to justify the investment.

The price gap between North American crude and world prices is a new and unfamiliar dynamic in international oil markets, and represents a «double whammy discount» for Western Canadian producers, as Casey puts it.

World stock markets skidded further Wednesday as fresh declines in crude oil prices stoked fears for the health of the global economy.

This trend has reversed in recent weeks, with larger discounts applied to global and Canadian heavy crude leading to bitumen prices remaining low while world oil prices have gained some of the lost ground.

There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.

Oil prices showed no sign of fading though, having added as much as 3 % on Wednesday after a third surprise weekly drop in U.S. crude stockpiles boosted the demand outlook in the world's largest oil consumOil prices showed no sign of fading though, having added as much as 3 % on Wednesday after a third surprise weekly drop in U.S. crude stockpiles boosted the demand outlook in the world's largest oil consumoil consumer.

The pipeline or any other way to bring Western Canadian Crude to Tex refiners would speed up oil extraction in Alberta and increase world supplies, which would bring down oil prices for all Americans, by about a dollar a barrel according to Levi.

Alberta's unconventional oil reserves are big enough to meaningfully increase world oil supplies — and lower crude prices for everyone — if they're fully developed.

But Alberta heavy oil is sometimes fetching as little as half the world price due to the competition from U.S. - produced shale oil and a shortage of pipelines to get the crude to the coasts and other refining markets.

Prices for crude oil, the world economy's most essential commodity, will need until 2020 to recover from the price war unleashed last year by Saudi Arabia, the International Energy Agency said Tuesday in its annual outlook for the global energy market.

Meanwhile, pipeline bottlenecks are keeping western Canadian crude trading at roughly half the world oil price.

Oil prices collapsed on Thursday to their lowest since late November as investor worries about the world's stubbornly persistent glut of crude erased most of the gains that followed last year's OPEC's output cut.

But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.

As the world's largest consumer of crude, China seeks to gain some pricing power in the trillions of dollars of oil that are traded every year around the world.

HOUSTON ConocoPhillips, the world's largest independent oil and gas exploration and production company, posted a bigger - than - expected first - quarter profit on Thursday, helped by rising crude prices and cost cuts.

World liquids production surplus or deficit and Brent crude oil price.

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.

With the world awash in oil and prices half their year - ago levels, there's one market that's benefited: crude tanker ships.

Crude oil prices got a scare on reports that Gary Cohn, chief economic advisor to President Donald Trump, is resigning, which raised fears that the world is on the brink of an all - out tariff and trade war.

The price gap between Canadian and world oil prices has shrunk as more oil has been loaded on to train cars and smaller pipeline projects in the US have helped siphon off the backlog of crude piling up in the Midwest.

A surplus of oil in North America means crude prices in Canada and the U.S. have been trading well below world prices.

Currently, the Gulf region imports over 5.5 million barrels per day of crude oil and related products at world prices.

With the world awash in oil and crude prices flirting with $ 30 / barrel, Kenya appears undaunted by any challenge to find takers for its oil.

Although not an OPEC member, Russia, once the world's largest producer of crude, is being squeezed by plunging oil prices on the left, international sanctions on the right.

Angola's crude exports fall to lowest since at least 2008 OPEC disruptions could send prices above $ 80 a barrel: BofAML While plunging output in Venezuela captures the oil world's attention, Continue Reading

They include as potential influencers three other precious metals futures, crude oil spot and futures, two commodity indexes, U.S. and world stock indexes, currency exchange rates, 10 - year U.S. Treasury note (T - note) yield, U.S. Federal Funds Rate (FFR), a volatility index (VIX) and U.S. and world consumer price indexes.

The World Bank, on the other hand, is more bullish and has forecast crude oil prices of $ 55 per barrel in 2017 and $ 60 per barrel in 2018.

Oil prices fell Friday as traders weighed the near - term oversupply of crude against expectations of lower production around the world.

The Houston Chronicle's Collin Eaton, reporting from the energy hub of the world, found that oil companies and equipment supplies cut an estimated 440,000 jobs worldwide over the last three years as crude oil prices dropped.

In a world of falling prices, however, it will be high cost production from shale formations and the oil sands, not the low cost conventional crude from places such as Saudi Arabia and Iran that will be hit the hardest.

Although current U.S. law prohibits raw crude from being sold abroad, the sale of 3.5 million barrels a day of refined products such as gasoline and diesel is, ostensibly, helping to keep a cap on the price of oil elsewhere in the world.

Saudi Arabia is one of the world's top crude oil - exporters, leaving it heavily exposed to the swings in oil prices.

As the present economics of oil — which require a $ 66.70 barrel price to make Saudi crude profitable — continue to work against the world's energy producers, the KSA has turned its focus towards its long - term «Vision 2030» strategy of economic diversification.

Like crude oil, gold around the world is priced in U.S. dollars.

I also said there would be shake - up in the NNPC and the shake up will go on even as the price of crude oil would fluctuate in the world market.

He lamented over what he regarded as era of extinction of crude oil in the world, saying the sharp drop in the global prices of crude oil was a signal to the fact that government at all levels need to shift face to agriculture.

Currently two major variables drive petroleum prices on the local market: Forex and world crude / Platt oil prices.

While the world's billionaires have been suffering losses, oil prices rose to $ 48 a barrel yesterday as investors took advantage of a two - day slide in crude triggered by Brexit vote.

Whether sold as bulk crude oil and natural gas or as retail electricity, gasoline or diesel, the major exporters of OPEC, Russia and others harbor some of the lowest domestic energy prices in the world.

This limiting affects the price because OPEC members produce a significant portion of the world's crude oil supply.

Right now at least, pump prices are falling more or less in tandem with crude because of low demand from world economies and larger crude inventories from oil producing countries.

Crude oil prices have fallen even further on world markets, with the price of a barrel of crude hitting its lowest point in six years on TueCrude oil prices have fallen even further on world markets, with the price of a barrel of crude hitting its lowest point in six years on Tuecrude hitting its lowest point in six years on Tuesday.

Because gasoline prices are largely determined by the cost of crude oil, which is set on the world market, experts say that the way to reduce our vulnerability to gas price spikes is to decrease our dependence on oil, regardless of where the oil comes from:

... Expectations of growing U.S. crude supplies sent world oil prices sliding to a new four - year low and is turning up the heat on OPEC members to cut production when they meet later this month.

1) Primary Energy Overview [PDF / XLS] 2) Primary energy production by source [PDF / XLS] 3) Primary energy consumption by source [PDF / XLS] 4) Energy consumption by sector [PDF] 5) Petroleum Data [PDF] 6) Natural Gas Data [PDF] 7) Coal Data [PDF] 8) Nuclear Energy Data [PDF] 9) Renewable Energy Data [PDF] 10) Electricity generation and Consumption [PDF] 11) Energy Prices [PDF] 12) World Crude oil production, consumption and stocks [PDF] 13) Crude oil and natural gas resource development [PDF] 14) Carbon dioxide emissions from energy consumption [PDF]