Sentences with phrase «as demand for oil»

http://www.huffingtonpost.ca/news/condo-overbuilding-toronto/ http://www.ctvnews.ca/world/ghost-city-chinese-replica-of-manhattan-stands-empty-as-economy-slows-1.2228999 And the slowing Chinese economy will be felt the world over, including Canada, as demand for oil and other commodities drops.
As demand for oil outstrips conventional oil supplies, a growing share of oil is coming from tight oil resources, especially in the United States.
Moreover, as the demand for oil worldwide grows rapidly over the longer term, even as the rate of new discoveries is falling, it is increasingly obvious that the roller coaster is headed for a crash.
As the demand for oil surges, companies push farther under the ocean, finding a bonanza of crude far beneath the ocean.
A company with a very long history of dividend raises, that is no doubt feeling a bit of pinch as demand for their oil and gas services are weakening in the near term, DOV still looks attractive at current prices.

Not exact matches

When the company auctions that oilfield drill, for example, the goal is for its pricing model to forecast demand in the near future based on different factors, such as the price of oil, leaving Ritchie Bros. less vulnerable to market surprises.
Internal studies by a group of analysts within Shell known as the «scenarios» team had concluded that global demand for oil might peak in as little as a decade — essentially tomorrow in an industry that plans in quarter - century increments.
Total oil demand in February was up 2.4 percent, or 460,000 bpd, to 19.62 million bpd versus last year, EIA data showed, as strong demand for distillates helped soften weakness in gasoline demand.
Demand for oil is expected to drop in 2017, the International Energy Agency said in a report on Wednesday, raising further problems for producers as they try to ramp up prices.
With other parts of the world already in turmoil, fallout from Syria could upend the dynamic, as the peak summer season for oil demand approaches, keeping oil prices in a new, elevated range.
Programmed Maintenance Services has returned an annual net loss as a result of lower demand for marine services following the steep drop in oil and gas prices.
For one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exporFor one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exporfor imports is also softening along with exports.
Prior shareholder letters insisted the proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil demand rising for some years to come yet.
As oil extraction and exploration slowed, as did demand for scrap metaAs oil extraction and exploration slowed, as did demand for scrap metaas did demand for scrap metal.
The Chinese firm's demand for May - loading crude will be lower than the previous month due to refinery maintenance and as one of China's largest oil ports, Huangdao, could be shut for days from early June to accommodate a government meeting, a second company source said.
As facilities such as oil refineries and large electrical utilities become ever more reliant on remote - control systems linked by far - flung digital networks, the demand for highly reliable security has taken ofAs facilities such as oil refineries and large electrical utilities become ever more reliant on remote - control systems linked by far - flung digital networks, the demand for highly reliable security has taken ofas oil refineries and large electrical utilities become ever more reliant on remote - control systems linked by far - flung digital networks, the demand for highly reliable security has taken off.
Secondly, as guest and I have been trying to point out if the appreciation in currency for Japan / Germany is due to increased demand for there manufacturing exports this is not the same thing as an appreciation caused by increased demand for oil exports.
As the world's population grows, the demand for all forms of energy will increase, including demand for oil and natural gas.
The International Energy Agency that previously warned of lower for longer oil prices and warned last year that the oil price recovery was threatened by the possibility of weak demand now has changed its tune and is now saying that it is «mission accomplished» for OPEC as oil stocks shrink at a record pace.
If the planet is to avert the worst scenarios for climate change, the optimistic long - run forecasts for oil demand growth put forward by energy giants such as Exxon can be thrown out the window.
This slump will probably lead to lower demand for Saudi oil, as U.S. production and refining capacity return to normal.
Demand for jet fuel has increased over the last two years as the global economy has strengthened and airplane passenger traffic has risen, said Sandy Fielden, director of oil and products research at Morningstar Commodities in Austin, Texas.
The American Petroleum Institute (API) reported a build of 6.181 million barrels in United States crude oil inventories, compared to analyst expectations that inventories would build by 10.1 million barrels for the week ending September 8 as many refineries in the Gulf Coast remain offline and demand in Florida wanes in the wake of the most recent hurricane.
A deal with China to potentially open their economy is very bullish for oil demand expectations as well as global economic growth.
The conditions precipitating this change — lower volumes and value of crude oil from Mexico, and increasing demand from Mexico for refined products from the U.S. as prices are rising — may not be the new normal.
Chinese growth has meant enormous demand and rising prices for many of Canada's resources, particularly coal and oil, as well as base metals such as copper, nickel and aluminum.
Gold futures climbed the most in five months as a rally for oil prices revived demand for the metal as a store of value.
The 104 - page OPEC report finds that there will be greater demand for the group's oil in 2016, with customers consuming an average of 31.65 million barrels a day throughout the year because the market will be «supply - driven» as competitors, beset by low prices, continue to cut back severely on capital expenditures ranging from exploration to new drilling.
Last week's report from the EIA showed that demand for crude oil remains robust as gross inputs at U.S. refineries have topped 17 million b / d in each of the past nine weeks.
Until a balance is restored between supply and demand, though, Saudi Arabia is willing to endure the current low price of oil, even as its own budget, heavily reliant on energy revenues, faces a deficit of $ 98 billion, or 15 percent of gross domestic product, for fiscal 2016.
As the price of oil rises and supplies of petroleum become constricted, the popularity of — and demand for — natural gas will more than likely rise as welAs the price of oil rises and supplies of petroleum become constricted, the popularity of — and demand for — natural gas will more than likely rise as welas well.
Oil producers have also benefited from the global upswing, as stronger economic growth has spurred demand for energy.
The suggestion that there's such a things as a «demand for money,» comparable to the demand for, say, heating oil, is one that many people find hard to accept.
British Columbia's demand for oil spill safety enhancements, by contrast, are capable of being designed so as not to usurp the federal government's authority over the approval of interprovincial pipelines.
As we saw ten years ago, there will be a reduction in the global demand for oil if prices get too high.
Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.
As data becomes the new oil driving the world economy, hackers will go after it more than ever before, spurring demand for professionals...
Seasonally speaking, crude oil tends to make significant price gains in the summer, as vacationers and the annual trek of students returning to college in August creates increased demand for unleaded gasoline.
Oil prices extended losses on Monday, falling to near $ 78 a barrel, as Europe's debt crisis roiled markets and falling personal incomes in the U.S. suggested slack demand for fuel.
Short - to - medium - term cash flow stabilized by attractive and profitable contracts While demand for frack sand is likely to decline due to the crashing price of oil, there is cause for optimism that the decline in demand might not be as severe as the overall decline in new oil drilling.
Usually, crude oil stocks rise as product stocks drop, and vice-versa, reflecting swings in refinery utilization, which simultaneously increase the demand for crude and output of petroleum products, and vice-versa.
The footage serves as a plausible facsimile of the war as defined by the Pentagon; it tells viewers nothing about the origins and nature of an enemy that Republicans and Democrats alike have been ignoring for the last ten years, out of deference to the demands of Big Oil and in the hope that a world of six billion people might wake up one morning, consider the odds, and start bowing to Bill Gates, Michael Jordan, and the Goddess of Democracy.
As demand rises for better - for - you products, Hickory Harvest Foods responds by switching to an all organic oil manufacturing process and expanding its product lines.
The increase in demand for coconut palm sugar could further result in fewer coconut products, including coconut oil, being available as a food source in the future.
Liverpool got a large transfer fee from oil rich City for a player who made it clear he did not want to stay, Sterling saw his wage demands met as well as a move to a club who challenge for trophies on all fronts every year.
While careers in the oil and gas industry appear to be booming, demand for environmental scientists, hydrologists, and mining and geological engineers isn't nearly as high, and in those fields, salary growth lags behind the national average for all professions.
Part of what drives him and the other scientists he works with is the knowledge that demand for palm oil is rising, even as the land to grow it on dwindles.
Demand for cereal, oil and sugar crops is expected to double in this time as people consume more meat and calories, and governments set biofuel targets.
Demand for palm oil — used in everyday products such as dish soap and candy — is set to double by 2030 and triple by 2050.
A truth that floated to the surface during the BP energy company's Deepwater disaster in the Gulf of Mexico, along with hundreds of millions of liters of oil, is that the world does not have a ready replacement for conventional forms of fuel such as crude oil and likely will not have one for some time, particularly as demand for energy grows worldwide.
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