Sentences with phrase «amid low oil prices»

Earlier this week, TD Bank also predicted another cut to the central bank's key interest rate as it slashed its 2015 forecast for the Canadian economy amid low oil prices.

Capital Markets Fixed Income Saudi Arabia has issued its first sovereign bonds since 2007 to help fund a widening budget deficit caused by continued spending amid low oil prices.

Though some analysts have worried that the intransigence of European lenders would force Greece into Russia's sphere of influence, it's not clear just what Russia could do for the Greeks, given Russia's own economic troubles amid low oil prices and Western sanctions.

Not exact matches

Fast forward to 2016, when Putin himself came out in favor of coordinating with the cartel amid the continued corrosiveness of lower oil prices.

Any commodities business comes with some volatility — the oil and gas business has had a tough couple of years amid low energy prices.

Dubai's main stock market and Abu Dhabi's index have closed at their lowest points of the year amid mounting anxiety over plunging oil prices.

That's making it harder to access capital as more drillers fight to stay afloat amid persistent low oil prices.

Royal Dutch Shell abandoned an oil exploration program in the Arctic Ocean in 2015 amid concerns that lower global oil prices made drilling in the remote region a risky investment.

'' The expenditure is drawing barbs from the opposition, but the government defends the television and Internet campaign for the budget, which sees Alberta facing a projected $ 10.4 - billion deficit amid economic turmoil caused by low oil prices.

Early on Monday, oil prices were mixed, amid the possibility of a deal extension and fears of lower U.S. oil demand after Hurricane Irma.

Amid sliding oil prices and a sluggish Canadian economy, the Bank of Canada defied prior predictions and actually lowered the key interest rate today by a quarter - percentage point — from 1 % to 0.75 %.