Sentence examples for crude off from inspiring English sources
CRUDE OFF -- Crude oil fell on speculation that mild weather in the Northeast will build heating supplies and that slower economic growth may ease demand.
When unrest in Libya took its 1.3 million barrels per day of crude off the market, Americans saw a spike in oil prices.
In particular, an arcane insurance ban on tankers contained in European sanctions could force so much Iranian crude off the market that oil prices could spike.
The turmoil in Libya took 1.3 million barrels a day of high-quality crude off world markets earlier in the year.
The military stalemate in Libya has taken over a million barrels a day of high-quality crude off the market, and oil fields and terminals have been damaged in the fighting.
Industry observer Stuart Saniford notes that the rough patch in employment this year lines up pretty well with the oil shock the country encountered after fighting in Libya took 2 percent of the world's crude off the market.
Crude, off-colour objectification or egg on toast and a nice bunch of daffodils?
To quote Senator Dorgan, "Not only are taxpayers being fleeced by paying that much for oil, but the effect of taking valuable oil like sweet crude oil off the market has a disproportionate effect on crude prices".
As if to prove the point, the Energy Department this Friday past, announced they would continue to purchase oil for the Strategic Petroleum Reserve over the objections of such as Senator Dorgan: "Not only are taxpayers being fleeced by paying that much for oil, but the effect of taking valuable oil like sweet crude oil off the market has a disproportionate effect on oil prices".
But tucked in with the other gear is the olive oil and paper towels used to take No. 2 crude oil off when it washes up on the sand or when swimmers run into the strands of seaweed that it often clings to.
JPMorgan's oil trading has included chartering VLCC's (cargo ships of over 200,000 tons DWT) and taking millions of barrels (one ton equals 7.4 bbls crude oil) off the market, thereby moving the spot price for oil higher, and keeping it stored on board cargo vessels at anchor for months at a time, to await even higher prices.
