Sentences with phrase «oil prices collapsed on»

Oil prices collapsed on Thursday to their lowest since late November as investor worries about the world's stubbornly persistent glut of crude erased most of the gains that followed last year's OPEC's output cut.

Not exact matches

What Oliver should have done was backtrack on Harper's pledge to balance the budget, recognizing that the collapse of oil prices would cause private investment to disintegrate.

Before branching out on his own, he was one of legendary investor Julian Robertson's first so - called tiger cubs, responsible for some big market calls during the 1990s such as the collapse of oil prices after start of the Persian Gulf War and the plunge in the British pound.

Given the collapse in oil prices, and declines in some other key non-energy commodities, the economy is now operating on two distinct growth tracks: the resource track and the non-resource track.

The recent collapse in oil prices has placed pressure on a range of asset classes related to energy.

OPEC on Wednesday raised its forecast for non-member oil supply this year to almost double the growth predicted four months ago as higher prices spur U.S. shale drilling, offsetting OPEC - led output cuts and a collapse Continue Reading

The ongoing oil price collapse is having a severely negative impact on the wealth of those who own oil reserves.

U.S. Dollar strength and disinflation, supported by the ongoing oil price collapse, are providing headwinds for the metals; on the other hand, a recent rise in fear in the euro area, combined with continuing loose monetary policies, result in favorable conditions.

This recession was driven by the collapse in oil prices and the extremely negative knock - on effects that had on the energy, materials and industrial complexes.

U.S. shale oil producers have responded to the oil price collapse so quickly, and with such discipline, that they've shown they are able to turn production on and off as if with a light switch.

Alberta has a revenue problem and if we should have learned anything since the international price of oil collapsed in 2014, it is that we should not depend on royalty revenues from oil and gas to fund the day to day operations of our public services.

High oil prices may well lead to a collapse in demand over the long term, resulting in a speeding up of the energy transition that most experts see on the horizon

This will have a catastrophic effect on the oil industry through price collapse (an equilibrium cost of $ 25.4 per barrel), disproportionately impacting different companies, countries, oil fields and infrastructure depending on their exposure to high - cost oil.

Oil prices have collapsed, and the differential in price between the WTI and Brent, which could have been a way for Canadian oil producers to get a better price on the international markets for their crude, has shrunk to less than US$Oil prices have collapsed, and the differential in price between the WTI and Brent, which could have been a way for Canadian oil producers to get a better price on the international markets for their crude, has shrunk to less than US$oil producers to get a better price on the international markets for their crude, has shrunk to less than US$ 2.

In most cases I'm assuming they're falling mainly based on the collapse in oil prices.

No one is blaming her for the collapse of oil prices in the international market but that after a cumulative 8 years as finance minister, public finance is so heavily dependent on oil that the Federal and state governments can not pay their workers» salaries says a lot about the quality of management she did.

Their development was put on hold in early 2008, when oil prices shot up and killed off the big, V - 8 truck business, even before the September ’08 Lehman Brothers collapse culminated in GM's ’09 bankruptcy.

With economic growing steadily, market in a RISK on mode, oil price going higher, this bull market could head north for another 4 - 5 years taking into account any possible flash to reach ~ 90000 YES, ming - boggling number ~ 90000 before market collapse half Almost everyone says that it is IMPOSSIBLE to predict the future price.

But this wasn't some prescient bet on an oil price collapse — despite being one of the few resource stocks deserving of a P / S & P / E multiple at the time, I couldn't ignore the mathematical logic of the long - term discounted value of its proved - up assets in - the - ground vs. its net debt burden (which was actually much lighter then).

On the flip - side, since October, Ryanair Holdings (RYA: ID) & Aer Lingus Group (AERL: ID) have surged as collapsing oil prices & sentiment really started to sink in with investors.

And we're talking about an unconventional oil & gas project here, and a farm - out deal signed literally a month before the oil price collapse (in mid-2014)-- today, we're in a horrible environment, with resource companies (large & small) slashing expenditures simply to survive, and focused solely on their lowest - cost / highest - probability prospects.

The oil market collapse has effectively created a «live» stress test on fossil fuel development and the scale of project closures so far suggests many companies were not prepared for such a price slide.

U.S. clean energy investment is rising despite persistent fears that the collapse in crude oil prices will hamper spending on higher - cost alternatives.

With oil prices collapsing to between $ 50 / $ 60 a barrel (at the time of writing), their lowest for six years, oil companies around the world have been slashing development budgets on projects that now don't make economic sense.

He added of 2015 - 16: «On the one hand we had an M&A boom in developed markets during calendar 2015, while on the other hand clients also had to contend with a slowdown in China, the collapse of oil and commodity prices and rising uncertainty over the UK's referendum on whether to leave the European Union.&raquOn the one hand we had an M&A boom in developed markets during calendar 2015, while on the other hand clients also had to contend with a slowdown in China, the collapse of oil and commodity prices and rising uncertainty over the UK's referendum on whether to leave the European Union.&raquon the other hand clients also had to contend with a slowdown in China, the collapse of oil and commodity prices and rising uncertainty over the UK's referendum on whether to leave the European Union.&raquon whether to leave the European Union.»

This is particularly true in light of the recent and largely unforeseen, collapse in the price of crude oil, which has had a massive impact in a largely oil - dependent country like Nigeria, such that clients are now focusing a great deal on insolvency, restructuring, prepayment facilities, derivatives and hedging instruments and issues.

It's completely unacceptable now that the price of oil has collapsed and unemployment is on the rise.