Sentences with phrase «anticipated decline in oil prices»

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.

Not exact matches

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.

That could potentially spur the retail sector into a somewhat faster recovery than we were anticipating before the precipitous decline in oil prices.