Sentences with phrase «as high oil prices»

As high oil prices became a thing of the past, Holden decided to drop the 2.85 - six and 4.2 - litre V8, [55] while the 1.9 - litre four - cylinder was limited to New Zealand.
Food makers turn to wood - sourced vanillin as high oil prices continue to put pressure on the price of petrochemical - based vanilla alternatives, and natural vanilla stocks remain vulnerable, writes Lindsey Partos.

Not exact matches

LONDON, May 1 (Reuters)- The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week.
NEW YORK, May 1 (Reuters)- Oil prices slid more than 1 percent on Tuesday as the dollar remained near a four - month high, but worries that U.S. President Donald Trump will pull out of the Iran nuclear deal underpinned the market.
As world oil prices increase, the oilsands become more valuable and, all else equal would generate much higher returns.
LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...
Steven Cook, senior fellow for Middle East and Africa Studies at the Council on Foreign Relations, said higher oil prices lessen all the worries from 2015 and 2016 about the Saudi government's ability to maintain its commitments, but the consolidation of power in the hands of the Crown Prince also is significant for the market and investors as his reform program is widely regarded as critical for Saudi Arabia's future prosperity.
SINGAPORE, April 24 - International oil prices hit their highest levels since late 2014 on Tuesday, pushed up by expectations of renewed U.S. sanctions against Iran and as OPEC continues withholding supplies amid strong demand.
TORONTO — The Toronto stock market closed higher as energy stocks advanced while oil prices hit a 16 - month high and traders took in a mixed batch of U.S. earnings.
Can Canada's manufacturing sector once again generate major growth for the economy as it did in the decades before oil and other commodity prices surged to record highs?
It comes as little surprise then that Saudi Arabia and Iran — apart from the tense regional archrivalry — are reportedly at odds over where to go next with the OPEC deal, and how high an oil price the cartel should target.
NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.
Oil prices slid more than one per cent on Tuesday as the US dollar remained near a four - month high, but worries that US President Donald Trump will pull out of the Iran nuclear deal underpinned the market.
His vision of Canada as an energy «superpower» wrongly assumed oil prices had shifted forever higher.
In commodity markets, oil prices hit their highest level in approximately two months on Monday morning as the U.S. considers sanctions against Venezuela.
April 30 - Whiting Petroleum Corp reported first - quarter profit that beat Wall Street estimates on Monday as the U.S. oil producer benefited from higher oil prices and production.
April 30 - Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.
Elsewhere, oil prices were higher on Monday, on the back of hopes that leading exporters would agree to extend the output cut - as OPEC members gear up for a meeting in Vienna this Thursday.
April 30 (Reuters)- Whiting Petroleum Corp reported first - quarter profit that beat Wall Street estimates on Monday as the U.S. oil producer benefited from higher oil prices and production.
April 30 (Reuters)- Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.
Western Australian exporters expect a tough three months ahead as business adjusts to the impact of higher oil prices and exchange rate fluctuations, but the longer - term outlook remains strong.
That means there's a new higher floor under oil prices as the peak summer demand season approaches, and it also makes the market vulnerable to a «super spike» if there's any significant supply disruption.
Long gone are the days when Saudi Arabia acted as the so - called «swing producer» in the global oil market, when it would increase or decrease production to keep prices stable and profits high.
TORONTO — The Toronto stock market ended Tuesday on a high note as a surge in oil prices boosted energy stocks and rumours of U.S. wireless carrier Verizon entering the Canadian market appeared to lose steam.
LONDON, May 3 - Oil prices edged higher on Thursday despite swelling U.S. crude inventories and record weekly U.S. production, as focus shifted back to OPEC supply cuts and the potential of new U.S. sanctions against Iran.
And as the Bank of Canada noted in its policy statement, prices are higher in part because of supply disruptions, including the Alberta oil sands.
Oil prices were higher in choppy trade on Wednesday, as a bigger - than - expected U.S. crude stock build pressured prices, but large draws of fuel stocks provided some support.
«As a general rule, Iran, as a populous country, is going to favor higher oil prices, but that doesn't always hold up case to case, and they've been more flexible lately.&raquAs a general rule, Iran, as a populous country, is going to favor higher oil prices, but that doesn't always hold up case to case, and they've been more flexible lately.&raquas a populous country, is going to favor higher oil prices, but that doesn't always hold up case to case, and they've been more flexible lately.»
In the October report, there were five: stronger - than - expected U.S. growth; higher - than - expected oil prices; the possibility that weak business investment had altered the economy's potential; slower growth in less advanced economies such as China; and a tilt to saving from spending by Canada's heavily indebted households.
U.S. airline stocks hit a 13 - year high this week as they gained momentum from lower oil prices and increased travel spending by Americans in an improving economy.
As long as production levels stay high, the outlook for oil prices will remain weak, as will the Canadian dollar, the TSX and the job prospects for those in Alberta and Newfoundland and Labrador.&raquAs long as production levels stay high, the outlook for oil prices will remain weak, as will the Canadian dollar, the TSX and the job prospects for those in Alberta and Newfoundland and Labrador.&raquas production levels stay high, the outlook for oil prices will remain weak, as will the Canadian dollar, the TSX and the job prospects for those in Alberta and Newfoundland and Labrador.&raquas will the Canadian dollar, the TSX and the job prospects for those in Alberta and Newfoundland and Labrador.»
As someone in their mid-50's, I am old enough to remember the start of oil - price gouging and the beginning of OPEC (Organization of Petroleum Exporting Countries) holding our energy consumption hostage by controlling the supply of crude and keeping prices high.
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.
This suggests oil must repeatedly hit new highs for the price to act as a firm ceiling on economic growth.
CNBC's Jackie DeAngelis reports oil prices tick higher as traders await indications that supply continues to tighten.
CNBC's Jackie DeAngelis reports on the rebound in oil prices as crude inches higher on signs of extended supply cuts.
CNBC's Jackie DeAngelis reports oil prices are moving higher as natural gas trades at the low end of the range.
Canada's economy is sluggish as a result of low oil prices, and hopes are high that exporters can step up, expand and juice growth.
The oil market remains in what's known as contango — with the future price of crude trading at a higher level than today's spot price.
The vow came as the Calgary - based company blamed clogged export pipelines for its worst heavy oil price discounts in five years during the first three months of 2018, contributing to a higher - than - expected $ 914 - million net loss in the first quarter.
All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.
The energy sector fell 1.1 percent on the back of a more than 1 percent drop in crude oil prices as the dollar remained near a four - month high.
Although U.S. crude oil inventories are at «historically high levels» for this time of year, according to the Energy Information Adminstration's Weekly Petroleum Status report, Molchanov predicts inventories will trend lower by the middle of the year as prices recover.
* The energy group climbed 1.0 percent, as oil prices rose to new two - and - a-half year highs.
Benchmark 10 - year Treasury prices dipped on Wednesday as a recovery in oil prices helped stocks move higher.
BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.
BMO strategists say higher oil prices should ultimately lead to a flatter yield curve, not a steeper curve as seen last week
With the dynamics currently in place, we expect to witness significant opportunities as the oil price moves higher,» said Robinson, who doesn't see oil reaching $ 100.
May 1 Anadarko Petroleum Corp reported a quarterly profit on Tuesday as higher crude prices helped the oil and gas producer earn more per barrel.
NEW YORK (Reuters)- Oil jumped as much as 3 percent on Tuesday as a weak dollar propped up commodities, but crude prices came off their highs in post-settlement trading on signs of another big U.S. supply build last week.
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