Sentences with phrase «with oil prices declining»

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).

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.
«The bottom line is they're committed to holding back supply from the market, which combined with the continued decline of PDVSA in Venezuela is going to make for higher oil prices,» said Kilduff.
For one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exports.
Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister from power.
With oil trading below $ 50 a barrel, economists are scrambling to determine the fallout of declining energy prices on the U.S. and global economies.
U.S. stocks have opened the first full week of 2015 with a steep decline, with the Dow Jones industrial average dropping 331 points, as falling oil prices weighed on the energy sector.
Oil prices continued their months - long decline Monday, with the price of crude briefly falling below $ 50 per barrel for the first time in more than five years earlier in the session on account of global oversupply.
Indeed, as the oil price declined further in late 2014, MRC's shares fell with it.
«Cost management has been an ongoing focus, with successful efforts to reduce both capital and operating costs well underway before the decline in oil prices.
Energy - related activity has stopped declining and is transitioning to a new level that companies tell us is commensurate with the current oil price environment.
Given how important oil has been to the Canadian economy in recent years it shouldn't come as a huge shock that the loonie is heavily correlated with the decline in the price of oil.
By keeping prices below the marginal cost of unconventional production (about $ 75 per barrel), OPEC hopes that expensive oil production will decline along with the fortunes of the companies engaged in these plays.
The ruling socialists, once held together by late leader Hugo Chavez, have succumbed to infighting under Maduro, a former bus driver and union leader who lacks Chavez» charisma and has seen his budget slashed with the decline in global oil prices.
Even with a weaker currency and a partial reversal in recent oil price declines, these issues will moderate any increase in long - term interest rates in Canada.
With the oil majors all trading at fair and undervalued prices due to the decline in oil prices I was able to both increase the yield of my portfolio while also getting great companies at a fair price.
It is now pretty obvious that the delay in the budget to April 21 had nothing to do with uncertainty resulting from the dramatic decline on oil prices.
What we are seeing now is that energy - related activity has stopped declining and is transitioning to a new level that is commensurate with the current level of oil prices.
With the recent decline in oil prices it has left Canada's economy slightly shaken leaving many investors very anxious.
Alberta's oil sands growth has slowed with the decline in the price of oil and there was stiff environmental opposition in the French - speaking province of Quebec.
With crude - oil exports rising year - over-year, the value of the exports did not rise proportionally, with Canada's crude - oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crWith crude - oil exports rising year - over-year, the value of the exports did not rise proportionally, with Canada's crude - oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crwith Canada's crude - oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crude.
With the price of oil declining to the mid - $ 70 range and next year's budget being prepared, Jonathan Teghtmeyer has shared 9 ways that Alberta could better manage our resources.
The oil price decline, coupled with Russia's conflict with Ukraine which has led to Western sanctions on Russia, has hit the economy as well as investor confidence in the country.
Energy companies, which have had to contend with falling oil prices, delivered more than 7 % EPS growth on a 3.5 % decline in revenues.
Fast forward 6 months and the global energy market is in a state of flux with oil prices having declined approximately 50 % due to robust and unexpected supply growth.
The difference, however, is that while foreign companies mostly sold oil assets, they mainly purchased natural gas assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.
I hope the world takes this chance to recove and invests in renewbale energies because after this drop the decline rate of existing fields will take oil prices back to +100 $ / barrel after being conpensated by full production in the middle east and new offshore production combined with unconventionnal production.
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.
With the province's economy growing but unemployment rates remaining unchanged, he faces the challenge of proving the government's job creation plan is working as the provincial economy recovers from the sharp decline of international oil prices.
But with all indicators in this analysis ending in 2014 or earlier, it is important to note that this ranking does not take into account the impact of the steep decline in oil and gas prices.
A big question mark is pending on how long the US shale production will remain profitable with declining oil prices.
But a big question mark is pending on how long the US shale production will remain profitable with declining oil prices.
However with declining oil prices I can see huge budget deficits in countries like Emirates, Qatar etc..
Do you see that happening to Nigeria, especially with the declining oil price?
Due to the volatility of prices and production, coupled with the terminal decline in output to begin by 2025, the Bank was of the view that managing anticipated surge in oil revenue will be challenging and so advised moderation in government's forecasting of revenues from the sector.
With the loonie's recent slide, oil prices at their lowest in 12 years and China's stock market volatility sending reverberations to our own, the news of Canada's economic decline is hard to ignore.
As we mentioned in our last quarterly update, with declining oil prices driving oil shares lower, it is easy to lose sight of the longer term fundamental case for oil and gas.
This, combined with the decline in the oil price, monetary easing and credit conditions easing, should impact earnings positively and is beginning to be reflected in the numbers.
The loonie's decline in value is just one aspect of our nation's global economic footprint which includes our ongoing struggle with lower oil prices.
With the decline of the Brent crude oil price over the past year, one of the most common questions I have been receiving is how to play this development.
Global Economic Pessimism Unwarranted Excessive pessimism characterizes the current view on the global growth outlook, with some of this sentiment due to a mistaken interpretation of the reasons behind the recent sharp decline in oil prices.
The oil price's stunning decline of the past four years from above US$ 100 per barrel to below US$ 50 has wreaked havoc across the oil industry globally, providing investors with a prospective place to look for cheap stocks.
Since then, the shares of Civeo have declined substantially; 3rd quarter operating results were disappointing resulting in a share price drop of close to 50 %, then recent oil price declines impacted the price of all oil service companies, with CVEO shares dropping into the $ 7 - $ 9 range.
Couple this with a lack of growth in global supply (despite all the headlines about huge new oil finds — much of which simply serves to replace declining production elsewhere), and you have a v supportive (& possibly explosive) price environment for oil & gas.
I also have a position in MFC Industrial, a company with exposure to metals and oil and gas (which, however, I will be selling shortly), a video game developer that is a net / net (Gravity Ltd.), a small position in RadioShack (made even smaller by the decline in share price over the past 2 years), and finally a short - term spinoff trade (Oil States Internationaoil and gas (which, however, I will be selling shortly), a video game developer that is a net / net (Gravity Ltd.), a small position in RadioShack (made even smaller by the decline in share price over the past 2 years), and finally a short - term spinoff trade (Oil States InternationaOil States International).
«With the oil - price decline you could feel it in meetings,» he said of his exchanges with the government, including several discussions with Finance Minister Joe Oliver himsWith the oil - price decline you could feel it in meetings,» he said of his exchanges with the government, including several discussions with Finance Minister Joe Oliver himswith the government, including several discussions with Finance Minister Joe Oliver himswith Finance Minister Joe Oliver himself.
«We want to make sure we buy long lead - life, low decline - rate assets at attractive valuations, with good balance sheets, in order to survive the short - term and very intense volatility we're seeing in the price of oil,» McKinley said.
Now, the decline in the price of crude oil, coupled with huge production cut, is severely affecting the economic growth.
While no one can predict the future of oil prices with certainty, there are explanations for the recent price decline consistent with an ongoing bull market.
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