Sentences with phrase «as rising oil prices»

Within the energy sector, the gains were split evenly among equipment and consumable fuels as rising oil prices saw investment in rigs and additional exploration.

Halliburton reported a 34 percent jump in first - quarter revenue on Monday as rising oil prices prompted North American companies to boost oil and gas production.

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.

SINGAPORE, April 26 - Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.

Oil prices rose on Tuesday as companies prepared to suspend production in the U.S. Gulf over a looming tropical storm.

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...

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.

As oil prices have fallen, defaults in the sector have risen — about a quarter of all corporate bond defaults in 2015 were energy related, according to Moody's — and that's made traders even more reluctant to buy.

Wall Street has fallen as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two - month losing streak.

Oil prices strengthened slightly ahead of the settlement Wednesday as the Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation would be sustained.

(New throughout, updates prices, market activity and comments) NEW YORK, April 30 (Reuters)- Oil prices rose on Monday, bouncing off early losses as Israeli Prime Minister Benjamin Netanyahu said Israel had proof that «Iran lied» about its nuclear weapons capability, and that he was sure U.S. President Donald Trump would do «the right thing» in reviewing the country's nuclear deal with western powers.

As jet fuel costs rise in accordance with oil prices — and already fuel has overtaken labour as airlines» biggest expense — air travel could risk becoming unaffordable for the average persoAs jet fuel costs rise in accordance with oil prices — and already fuel has overtaken labour as airlines» biggest expense — air travel could risk becoming unaffordable for the average persoas airlines» biggest expense — air travel could risk becoming unaffordable for the average person.

SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

The company, which had made its name providing investors with a steady income from its oil and gas wells, cut its dividend in half as capital spending rose and energy prices fell.

Given the country's status as an oil exporter, the worldwide rise in oil prices was a windfall for Canada.

The MENA region supplies about a third of the world's oil, and the question now is how much further prices could rise as the region descends deeper into turmoil.

In fact, today's oil prices make timing an important concern for sellers across all industries since profitability may decrease as oil prices rise.

If the oil majors were to attempt to be more disciplined this time around, the resulting rise in prices would simply accelerate the development of alternative sources of supply, as well as curbing demand growth.

Oil prices gave up earlier gains as rising U.S. output loomed over markets, despite a slowdown in rig drilling activity.

Oil prices came under pressure on Wednesday as weekly government data showed a larger - than - expected rise of 5 million barrels in U.S. crude stockpiles.

SINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.

LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

HOUSTON, Feb 5 - Oil prices settled lower on Monday as rising U.S. output, a weaker physical market and recent dollar strength added to the pressure from a widespread decline across equities and commodities markets.

In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oil.

SINGAPORE, April 23 (Reuters)- Oil prices dipped on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

LONDON — BP says first - quarter earnings surged 70 percent as the energy company profited from rising oil prices and increased production.

Chevron said on Friday it plans to spend between $ 25 billion to $ 28 billion next year and expects to further slash spending in 2017 and 2018 as well, an acknowledgment that oil prices are not expected to rise at all in the near future.

* The energy group climbed 1.0 percent, as oil prices rose to new two - and - a-half year highs.

The Consumer Price Index, put out by the Department of Labor, rose steadily before flattening out, as oil prices leveled off heading into summer.

Still, German analyst and investor sentiment rose sharply in December for a second month running, as a decline in the euro and oil prices boosted hopes for a pickup although a composite PMI covering Europe's largest economy showed weaker growth.

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.

The outcome of any conflict in the Middle East seems to have standard market reverberations; the price of oil rises, investors flock to safe havens such as gold and the American dollar.

Fertilizer prices usually move in tandem with crude oil, as rising energy prices usually increase production costs and freight rates.

MILAN (AP)-- Italian gas and oil company Eni says first - quarter profits dropped slightly as production grew by 4 percent amid rising oil prices.

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

Oil prices increase and decrease as risk perception rises and falls.

Oil prices must inevitably rise as unconventional production peaks over the next decade and oil - exporting countries increasingly consume more of their own oOil prices must inevitably rise as unconventional production peaks over the next decade and oil - exporting countries increasingly consume more of their own ooil - exporting countries increasingly consume more of their own oiloil.

LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts.

For pipeline companies with major proposals on the table, such as TransCanada and Enbridge, falling oil prices are a game changer of the same magnitude that rising prices were a decade ago.

NEW YORK (Reuters)- Wall Street fell on Monday as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose, although the major indexes eked out a gain in April to snap a two - month losing streak.

Chinese power prices have gone up as little as 1/10 as the rise in world oil prices.

As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000 - barrel draw in U.S. crude oil inventories, the EIA added fuel to the celebratory mood.

Just as we saw during the Arab Spring of 2011, oil prices are currently rising on the back of concerns that the supply from the region could be affected by the current political unrest in Egypt.

Banks» revenue from both metals and oil is expected to increase this year as prices and volatility increase, Shahani said, with overall commodities - related revenue seen rising by around 10 percent.

All of that money is being translated into a sharp rise in drilling even as oil prices slump.

U.S. drillers expect to continue raising production this year, but some are adjusting spending to the expected cash flows in the current oil price environment, after prices failed to rise as much as analysts and investors had expected a few months ago.

SUE HERERA, NIGHTLY BUSINESS REPORT ANCHOR: Crude climbs, oil prices rise to their highest level in years as tensions escalate in the Middle East.

The conditions precipitating this change — lower volumes and value of crude oil from Mexico, and increasing demand from Mexico for refined products from the U.S. as prices are rising — may not be the new normal.

Chinese growth has meant enormous demand and rising prices for many of Canada's resources, particularly coal and oil, as well as base metals such as copper, nickel and aluminum.

As Nobel economist (and one of my dissertation advisors at Stanford) Joe Stiglitz noted on Friday, a good part of the reason for rising oil prices is because the producers are already awash in U.S. assets, and to supply significantly more oil will just force them to accumulate more low - return assets.