Sentences with phrase «after oil prices»

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

That conclusion is based in part by the recent experience of Alberta, where home prices sunk after oil prices collapsed.

Some are worried an oil spill would harm protected species while others are concerned about the cost after oil prices more than halved in a year.

Citigroup energy analyst Tim Evans, who has been tracking oil and gas markets since the mid 1990s, says some economists erroneously predicted that most OPEC members would cheat on their commitments and pump above their quotas after oil prices plummeted from a record $ 147 a barrel last July to the mid - $ 30 range by the end of 2008.

More than three years after oil prices collapsed, with crude prices stabilizing in the $ 50 — $ 70 range, oil and gas executives are allowing for a bit of optimism again.

Riyadh — Mubasher: Saudi Arabia won't amend its economic reform plans after oil prices have turned a corner, Minister of Finance Mohammed bin Abdullah Al - Jadaan said.

That conclusion is based in part by the recent experience of Alberta, where home prices sunk after oil prices collapsed.

The funds, with more than $ 4 billion under management, can still make money on its drillco investment even after oil prices slipped below $ 45 per barrel this month on oversupply concerns.

Probably the most famous example of a large, negative terms of trade shock is the United States after the oil price spike in 1973:

Canada has made up much of the ground it lost to the U.S. recovery after oil price collapsed in 2014, but there's still some way to go.

After the oil price collapse and a huge corruption scandal, Petrobras has struggled to stay afloat, let alone find the billions of investments needed to develop new deposits.

For an industry suffering from Post-Traumatic Stress Disorder (PTSD) almost 2.5 years after the oil price collapse, May 4 was a very long day.

Canada's oil patch booked three consecutive years of hefty losses after the oil price crash in 2014.

Government energy RD&D budgets in IEA member countries increased sharply after the oil price shocks of the 1970s.

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.

In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.

NEW YORK, April 24 - Oil prices were little changed on Tuesday after Brent hit its highest level since November 2014, supported by strong demand, OPEC - led production cuts, and the prospect of renewed U.S. sanctions on Iran.

NEW YORK, April 23 - Global benchmark Brent crude turned positive on Monday, after dropping earlier after Iran's oil minister said OPEC would not extend its production cap pact if high crude oil prices continued.

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.

U.S. President Donald Trump slammed OPEC for inflating oil prices after the cartel showed a willingness to further tighten crude markets.

After the price drop, the oil companies scaled back operations in the Bakken area, and the demand for hotel rooms plummeted.

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.

After all, crude oil and commodities prices are still so low that plunging resource revenues forced Ottawa to defer its target date for balancing the budget.

Oil prices rebounded on Monday morning after dropping as much as 3 percent in the previous session.

U.S. government debt prices fell on Monday after Saudi Arabia and Russia agreed on the need to freeze oil output.

U.S. stocks will try this week to keep things rolling after posting their fifth - straight week of gains, spurred by the ongoing rebound in oil prices.

The sentiment on Thursday marked a shift from earlier in the week, when oil prices fell after Trump said the United States and France could reach an agreement «fairly quickly» on the Iran nuclear deal.

Oil prices jumped after Netanyahu said Israel has evidence that Iran lied about its nuclear program after signing the 2015 agreement with global powers.

OPEC wants to have an open dialogue with upstart U.S. shale drillers and learn from oil market players, after the most painful downturn in six oil price cycles.

The price of oil dropped Tuesday after a big jump a day earlier over jitters that Russia's military advance into Ukraine could result in economic sanctions against one of the world's major energy suppliers.

In the commodities space, oil prices are headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, according to Reuters, after the news of a sharp drop in Chinese manufacturing increased worries over the health of the world's biggest energy consumer.

The recent drop in oil prices has Todd Hirsch, ATB Financial's chief economist, predicting a mild recession for Alberta this year and a sluggish recovery next year after forecasting in June that the province would avoid such an economic decline.

Western Australia's only onshore oil producer has suspended production after being hit by the low oil price and the high cost of trucking its output to Wyndham rather than the much closer port at Broome.

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

Oil majors and large independent drillers need to shore up their asset portfolios after several years of underinvestment during a price slump, analysts say.

After a period of prolonged low oil prices, many offshore drillers are focusing on tying new wells in the Gulf of Mexico to existing infrastructure, rather than investing billions in new offshore platforms, he said.

After bottoming out at US$ 40, international oil prices gradually climbed back up, finally surmounting the US$ 80 mark in late 2010.

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.

«After substantially improving their cost structures through 2015 and 2016, North American exploration and production (E&P) companies will demonstrate meaningful capital efficiency to the extent the West Texas Intermediate (WTI) oil price is above $ 50 per barrel and the Henry Hub natural gas price is at least $ 3.00 per MMBtu,» Moody's said.

Oil prices which are near 2014 highs, surged on Monday after Israeli Prime Minister Benjamin Netanyahu presented what he called evidence of a secret Iranian nuclear weapons program.

OPEC wants an open dialogue with U.S. shale drillers after the most painful downturn in six oil price cycles.

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.

After months of higher input costs for manufacturers, the simultaneous spike in food and oil prices is a double whammy that is now starting to hit consumers.

NEW YORK, April 25 - After losing ground and underperforming the broad market in 2017, U.S. energy shares are climbing fast with oil prices and gaining attention from investors who think the trend may hold.

But after the bust comes the boom: Expect soaring crude prices later this decade as demand from fast - growing Asia collides with greatly diminished supply — a classic bust - boom cycle with which the oil industry was all too familiar 100 years ago but may have forgotten since.

U.S. drillers are likely to start pumping more oil after a sharp rally in prices since December, Goldman analysts say.

* Oil prices edged higher, a day after OPEC and other major producers agreed to extend output curbs until the end of 2018.

HOUSTON, Jan 26 - Oil prices settled higher on Friday after hitting three - year highs, with crude also posting a weekly gain as a weaker U.S. dollar underpinned prices.

CNBC's Jackie DeAngelis reports oil prices are under pressure after OPEC leaves its policy unchanged.

CNBC's Jackie DeAngelis looks at oil prices after a report from Interfax saying that the Saudis and the Russians have reached a consensus on a production freeze.