Sentences with phrase «oil prices rose after»

Oil prices rose after an Organization of Petroleum Exporting Countries (OPEC) deal in November sparked optimism that production cuts would help bring supply and demand into balance.

Not exact matches

NEW YORK, April 30 - Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

LONDON, May 2 - Oil recovered some ground on Wednesday after the previous day's slide, helped by concerns about possible renewed U.S. sanctions on major exporter Iran although price gains were capped by rising U.S. supply.

Oil prices rose on Monday, bouncing off early losses after Israeli Prime Minister Benjamin Netanyahu said Israel had proof that «Iran lied» about its nuclear capabilities, and that he was sure US President Donald Trump would do «the right thing» in reviewing the country's nuclear deal with western powers.

Among commodities, oil prices extended losses after being pressured by the dollar's bounce and rising U.S. crude output.

The depressed prices mean lower prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's oil industry, which spent billions on oilsands projects after world crude prices had risen high enough to justify the investment.

Oil prices rose on Friday after the Saudi energy minister said OPEC would need to keep coordinating supply cuts with non-member countries including Russia into 2019.

There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.

After an ugly six weeks in January and February when stocks and oil prices tumbled in tandem, shares in the U.S. and much of the rest of the world have recovered nicely, with the S&P 500 on track to rise by just under 10 % for the year.

Shares of early reporter Hess Corp, an E&P company, rose 1.8 percent on Wednesday after it reported a smaller - than - expected quarterly loss, thanks to expense cuts and the rise in oil prices.

Oil prices rose, reversing earlier losses, after a North Sea pipeline shut for repairs and investors focused on commodities following the New York blast.

«This was after all the headlines are saying hedge funds have never bet this much on rising oil prices, in the history of oil trading.

As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000 - barrel draw in U.S. crude oil inventories, the EIA added fuel to the celebratory mood.

U.S. drillers expect to continue raising production this year, but some are adjusting spending to the expected cash flows in the current oil price environment, after prices failed to rise as much as analysts and investors had expected a few months ago.

Oil prices erased early losses to rise on Thursday afternoon after Algeria's Energy Minister Noureddine Boutarfa said that most OPEC producers are supporting the Saudi - Russian proposal for an extension of the production cuts until March 2018.

Santos chairman Keith Spence said the substantial rise in the oil price since US predator Harbour Energy made its indicative buyout overtures will need to be reflected with a higher proposal if it makes a firm and binding bid after due diligence is finished in the next two weeks.

NEW YORK (Reuters)- Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

NEW YORK Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

Crude oil prices are pulling back after a rise in the rig count even though it's making up for lost time after the big freeze down south.

BEIJING (AP)-- PetroChina Ltd., China's biggest oil producer, says its profit rose 12.4 percent last year after higher retail gasoline prices helped to narrow heavy losses for its refining unit.

Kuwait's oil production is almost back to capacity one day after workers called off a strike that had disrupted output and sent prices rising.

Oil prices firmed after the attack, with West Texas Intermediate crude rising to $ 51.94, up from $ 50 a week ago.

After declining over the first half of September as US inventories increased and US demand eased, prices rose following OPEC's unexpected decision to reduce oil production quotas by around 3 1/2 per cent, effective from November.

After Russia economy rise up, USA government has spend great effort to enact policies to bring down the oil price in the long term.

Russia's economy is on the mend, with oil prices rising and gross domestic product (GDP) growth forecast to reach 1.8 percent in 2017 after several quarters of recession.

After the rise of oil barrel prices there has been a sharp decline in the sales of thirsty full size SUVs and has forced Porsche to speed up... Read More

More likely though, is that commodities that are in short supply globally would rise, like coal, steel, oil, gold, rare minerals, etc., and only after a while, would housing prices rise, as nominal incomes become large enough, and household formation great enough for the excess supply to disappear.

Zamorano also likes Russia, which has a number of stocks trading at below 10 times earnings and is now benefiting from rising oil prices, and Turkey, which saw valuations fall after an attempted coup.

Just after quarter end, this unease became reflected in equity markets both abroad and in the United States, as rapidly declining oil prices and a rising U.S. dollar drove both U.S. and international market indices off their previous highs.

Of course after that you won't get any free oil — no matter how high the investments prices at the gas station will keep rising over decades to come.

Oil prices rose more than 3 percent last Wednesday after President Trump abandoned the Iranian nuclear deal and announced the «highest level» of sanctions against Tehran.

That will rise further if energy prices continue to climb - which is likely after oil prices hit yet another high this week.»

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