- adj. Attributive form of crude oil, noun.
“Moreover, the loss of Libyan exports has led to a global shortage of light, sweet crude-oil, which is high quality and prized by refiners, Mr. Wittner said.”
“Calvin Lee , who tracks the Chinese oil market for data provider Platts, said if there are fewer orders from developed countries for Chinese goods, that could lead to a further drop in Chinese crude-oil demand, which Platts had already estimated at a 10-month low in August, though he said Chinese demand could also rise due to upcoming holidays.”
“Trading in crude-oil futures on Nymex was less than half its normal level, as was trading in raw sugar on IntercontinentalExchange Inc.”
“October crude-oil futures were recently 15 cents higher at $85.85 a barrel on Globex, after the contract fell sharply Monday.”
“That could trigger a prolonged economic slump that would weigh heavily on crude-oil demand.”
“The EU has imposed a range of sanctions against Syria in recent months, including banning Syrian crude-oil imports and investment in the Syrian oil sector.”
“Business & Finance *** BP's $7.06 billion deal to sell its stake in an Argentine crude-oil producer to a joint venture involving Cnooc and Bridas Energy Holdings has collapsed.”
“For more than a week, North Sea Brent crude-oil prices—the European benchmark—have been climbing, as widening sanctions over Tehran's nuclear-weapons program have caused buyers of Iranian crude in Asia and Europe to scramble to look for alternative supplies.”
“The buying frenzy pushed ICE Brent crude-oil futures up for seven straight days, to a six-month high at Tuesday's settlement.”
“ICE in London runs the biggest exchange for trading in crude-oil futures, alongside derivatives linked to the price of gas and heating oil.”
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