Sentences with phrase «oil prices spike as»

Related: Oil Prices Spike As OPEC Reaches Deal On Production Cut

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That means there's a new higher floor under oil prices as the peak summer demand season approaches, and it also makes the market vulnerable to a «super spike» if there's any significant supply disruption.
Oil prices could spike as US shale growth falls short of global demand, Dallas Fed President Robert Kaplan says.
An oil price crash and an unemployment rate that spiked to nine per cent last year did not cause the residential real estate market to crater, as some feared.
High oil - supply risk or «fear premiums» generally manifest as short - lived, upward price spikes that are quickly integrated into forward price expectations.
As a sign of how quickly the economy's prospects are changing (mainly as a result of the spike in oil prices) economists at Lehman Brothers lowered their growth expectations twice in the last three weekAs a sign of how quickly the economy's prospects are changing (mainly as a result of the spike in oil prices) economists at Lehman Brothers lowered their growth expectations twice in the last three weekas a result of the spike in oil prices) economists at Lehman Brothers lowered their growth expectations twice in the last three weeks.
Oil prices spiked to a two - year high after Saudi Arabia launched a country - wide probe into corruption, detaining numerous high - profile individuals, including prominent businessmen and members of the ruling al - Saud family, as well as current and former ministers.
I was concerned in several conversations, with me undertaking most of the listening, about the prospect of a sharp oil price tag spike, if the Opec exporters» cartel, getting broken US shale producers by dragging prices down, starts off limiting source as soon as much more.
While the inflation impact from higher oil prices and commodity prices in general, continue to pump up inflation expectation and push bond yields higher, keep in mind that much of the recent spike in Yields is about as much about supply as it is about inflation.
Israeli Prime Minister Benjamin Netanyahu accused Iran of hiding a nuclear weapons program Monday, causing a spike in oil prices as it reinforced...
Lying on the edge of the Amazon rainforest, the one - time backwater was transformed by an economic boom as the winding down of the conflict and a spike in commodity prices drew oil companies and multinational agricultural interests to areas that were previously off limits.
The U.S. Energy Department said on Thursday it would release 500,000 barrels of crude oil from the Strategic Petroleum Reserve as Tropical Storm Harvey's disruption of the petroleum industry has spiked motor fuel prices.
But while this has given some added impetus to renewables — as is also likely to be the case with the oil price spike due to the current turmoil in the Middle East — it has also boosted interest in massive new gas pipelines to diversify sources of gas supply.
«Untitled Spike Jonze / Charlie Kaufman Project «Synopsis: A satire about a gathering of world leaders as they plan a series of world - changing events, from wars to shifting oil prices.
I'm a long term bull on oil, and consider $ 70 - 75 as pretty much the lower bound on prices, coupled with frequent and ultimately sustained price spikes above $ 100.
An oil price crash and an unemployment rate that spiked to nine per cent last year did not cause the residential real estate market to crater, as some feared.
And Mr. Obama's broader call for an energy revolution also could require him to overcome what he called America's «shock and trance» cycle as oil prices spike and collapse.
When lawmakers get into partisan tangles over legislation and a bill dies a slow procedural death, as happened with a climate bill in the Senate this week, the result is ugly and incremental, and doesn't compete well with news of spiking oil prices.
Just as the Administration does not consider building a dam in the Grand Canyon during times of drought, we will not consider opening one of the last pristine ecosystems of North America during an oil price spike
Unless, as Michael Levi of the Council on Foreign Relations and The Post's Brad Plumer pointed out, America were to take the extraordinary step of removing itself from the world oil market entirely, which could lead to its own price spikes and ignite a trade war.
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.
The IMF cites a potential spike in oil prices and an escalating crisis in Europe as the two main risks facing the global economy.
Over the course of the past year, as oil prices hovered near the $ 30.00 per barrel mark, cities that rely on the energy sector for their economies, including Houston, Dallas, Denver and Tulsa and Oklahoma City, Okla., experienced office vacancies that spiked to double digits.
However, economic growth will remain constrained by various headwinds, such as a potential spike in oil prices due to tension in the Middle East; an expected decline in net exports from the global slowdown; and an expected increase in fiscal drag, including the fading of federal spending from the stimulus and a decline in defense spending for operations in Iraq and Afghanistan.»
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