Sentences with phrase «after oil prices crashed»
Canada's oil patch booked three consecutive years of hefty losses after the oil price crash in 2014.
http://www.resilience.org/ Not exact matches
After crashing last year and then hitting several peaks and valleys, oil prices have traded within a relatively narrow range, with WTI bouncing around a bit above and below the $ 60 per barrel mark, and Brent staying near $ 64 per barrel.
Armed with such results, Shell and Total are in payback mood to investors, buying back shares after diluting stakes with scrip dividends - consisting of shares rather than cash - introduced after the price crash which sent oil prices as low as $ 28 a barrel.
After chopping spending by almost one - third to cope with a crash in oil prices and billions in writedowns that sent profits to the weakest since last decade, China's energy giants Continue Reading
On top of that, Saudi Crown Prince Mohammed bin Salman told Reuters that Riyadh and Moscow were considering greatly extending a short - term alliance on oil curbs that began in January 2017 after a crash in crude prices, with a partnership to manage supplies potentially growing to a 10 - to -20-year agreement.
Less than a year ago major shale firms were saying they needed oil above $ 60 a barrel to produce more; now some say they will settle for far less in deciding whether to crank up output after the worst oil price crash in a generation.
After a few years of decreasing annual capital expenditure (CAPEX) during the oil price crash of 2014 - 15, most major oil and gas companies now forecast annual increases in CAPEX.