Sentences with phrase «if global oil prices»

Not exact matches

«If Trump abandons the deal, he risks a spike in global oil prices,» said Ole Hansen, head of commodity strategy at Saxo Bank, adding that re-introducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian oil from global supplies.

NEW YORK, April 23 - Global benchmark Brent crude turned positive on Monday, after dropping earlier after Iran's oil minister said OPEC would not extend its production cap pact if high crude oil prices continued.

«If Trump abandons the deal, he risks a spike in global oil prices... The re-introduction of U.S. sanctions would hurt Iran's ability to transact in dollars,» said Ole Hansen, head of commodity strategy at Saxo Bank.

The proposal includes the potential for the border tax adjustment, which, if implemented in the oil sector without exemptions, would raise oil prices for US consumers relative to global consumers.

«If Trump abandons the deal, he risks a spike in global oil prices,» said Ole Hansen, head of commodity strategy at Saxo Bank, noting that reintroducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian oil from global supplies.

Canadian energy company shares are trading at levels not seen since the depths of the 2008 crisis, levels that can only be justified if the global economy falls into another recession and oil prices drop by half.

If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).

In other words, oil price increases that economists and investors do not see coming spell trouble for global markets if left unchecked.

If prices of WTI Crude Oil fall back to the recent lows of about US $ 26.00 pbbl - then expect global equities to test further lows.

As we saw ten years ago, there will be a reduction in the global demand for oil if prices get too high.

If Trump does scrap the deal, it could lead to the re-imposition of secondary sanctions on Iran, pressuring countries to cut their purchases of Iranian crude, denting global supplies, pushing oil prices higher.

Even if China's debt and real estate bubbles don't pop, resulting in a global recession, slowing economic growth from China could have a detrimental effect on long - term energy prices and result in prolonged weakness in the entire energy sector, including oil services suppliers such as U.S. Silica.

I expressed my views in this regard on WhatsApp last weekend, «Any country in which its elites consider re-electing a president like Buhari just as thousands of citizens are murdered across the country with not a single person arrested; a president who can not make an intelligent conversation on any policy or global issue with other global leaders; a president whose EFCC and DSS engage in open confrontation; a regime which crippled the economy and relies on cyclical movements in oil prices as its sole economic lever; a regime under which 10 million jobs are lost; and key accusations against top officials are treated with levity; just as the regime appears complicit in the invasion of its senate by thugs and seizure of mace... such a country is in serious trouble, that is if it isn't doomed.

But if the ability to export oil and LNG is expanded, it may not mean so much to the chemical companies, because they will have to pay the global price, net of transportation cost differentials.

If such is the case, the premium may have ended when global oil storage capacity became exhausted; the contango would have deepened as the lack of storage supply to soak up excess oil supply would have put further pressure on spot prices.

If other countries followed suit, even if just partially, then global demand for oil would decrease and... the price of oil would decreasIf other countries followed suit, even if just partially, then global demand for oil would decrease and... the price of oil would decreasif just partially, then global demand for oil would decrease and... the price of oil would decrease.

I can't speak for oil and gas analysts, but I'd be surprised based on past experience in the industry if the risk of a 10 % or greater drop in global demand for oil or gas in the 2030s would have much of an effect on their price targets for companies — certainly not enough to qualify as a bubble.

With increased netbacks, economic viability thresholds will be lower and exceeded sooner if there is a global oil price recovery.

I would not call money spent preventing sudden disruptions in supply (as a result of violent conflict) a subsidy if it is preventing global price spikes, which tend to create corresponding profit spikes for oil companies.

With oil prices declining in the past couple of months, and the notion that demand could decline due to global recession, it seems like peak oil has left the public radar screen (if it ever really was there).

By 2022, BNEF estimates electric vehicles will cost the same as their internal combustion counterparts, and if growth continues at the current pace, oil displacement by electric cars will reach 2 million barrels per day by 2023 — the size of the current oil glut and enough to drive global oil prices to record lows.

Reuters MOSCOW Russia should start exiting a global deal to cut oil output if crude prices remain at $ 70 per barrel for more than six months, Lukoil chief executive Vagit Alekperov said on Friday as he unveiled a $ 2 - 3..