Sentences with phrase «low oil prices present»

Not exact matches

Because I don't see the capital markets continuing to fund non-conventional oil drilling when the ever present risk of prolonged low prices, or worse another step down I therefore see the balancing of the market occurring sooner then you suggest.

These two case histories simply suggest is that the present period of low oil prices is more similar to that of the 1980s and 1990s than to that of the 2008 - 2009 period.

This unpleasant picture is presented after a third quarter in which Brent crude, the international benchmark for oil prices, traded at about $ 50 a barrel on average, the lowest sustained levels since the financial crisis.

The collapsing oil price to a new low of $ 45 a barrel, its lowest for six years, presents major opportunities for the green economy and the climate movement as a whole, but challenges too.

Present efforts to keep fuel prices low while simultaneously trying to significantly reduce oil imports and greenhouse gas emissions are inconsistent.