Sentences with phrase «at high oil prices»

At higher oil prices, profits from carbon storage activities lead to greater CO2 storage.

Not exact matches

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.

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.

The TSX got some lift from the energy sector with oil prices at a 15 - month high.

Oil prices were steady on Thursday following a larger - than - expected increase in U.S. crude inventories: U.S. crude futures were higher by 0.04 percent at $ 67.96 per barrel and Brent crude futures for July delivery were flat at $ 73.36.

If the oil traders are right, they can make money by buying oil at today's spot price, selling a futures contract for delivery at the higher price expected in the future and storing the oil in the meantime.

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.

«At this point, and in the context of oil prices that are within striking distance of what we envision to be cyclical highs over the next 6 to 12 months, we think the Exxon short has essentially run its course,» Raymond James analyst Pavel Molchanov wrote.

Oil prices slipped away from 2018 highs on Thursday, with global benchmark Brent trading at $ 71.15 in early afternoon deals, down 0.8 percent, and WTI trading at $ 66.38, around 0.6 percent lower.

High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Servioil, said Tom Kloza, global head of energy analysis at Oil Price Information ServiOil Price Information Service.

The Comey broadside came during a busy morning for Trump on Twitter, which also saw him take shots at OPEC for causing «artificially» high oil prices and House Democratic Leader Nancy Pelosi over taxes.

«What we're seeing is a textbook implosion with regard to exploration and production capital spending domestically because the industry was leveraged to very high oil prices,» says Bill Herbert, a senior researcher at Houston oil and gas investment bank Simmons & Co..

CNBC's Jackie DeAngelis reports oil prices are moving higher as natural gas trades at the low end of the range.

After studying oil prices over long periods, the GMO chief strategist has come to believe that there have been two major paradigm shifts when oil reset at higher baseline levels.

In the past it was used to ship imported oil west into Ontario; in the future, it will likely ship prairie oil east into Quebec refineries hobbled at having to pay the higher Brent price for oil.

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.

Oil prices eased from recent highs with Brent crude futures off 94 cents at $ 73.70 a barrel, while U.S. crude lost 67 cents to $ 67.43.

The S&P 500 gained 0.7 percent to finish at 2,767.56 and reached an all - time high, with energy surging on the back of rising oil prices.

With record amounts of oil all over the place, including the fully loaded ships at sea, oil prices are artificially very 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.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

Sales at gasoline stations rose 0.9 %, but that had more to do with higher oil prices than stronger demand.

At the time, Mark Zandi, chief economist at Moody's Analytics, estimated higher oil prices had chopped 0.5 percentage points from growth in the first quarteAt the time, Mark Zandi, chief economist at Moody's Analytics, estimated higher oil prices had chopped 0.5 percentage points from growth in the first quarteat Moody's Analytics, estimated higher oil prices had chopped 0.5 percentage points from growth in the first quarter.

If the Bank of Canada had kept the exchange rate fixed at - say - 0.85 USD, the prices that Canadian oil producers receive would be about 15 % higher than what they get now.

Oil prices have dipped a bit this week, but still remain at their highest levels in nearly three and a half years.

We tackle a host of news items in Oil and Gas including; British Columbia halts development of the TransMountain pipeline, consumers face high prices at the pumps, and China's new intelligent highway will be able to charge electric vehicles as they...

«With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High!

But if this article was meant to convey an opinion (i.e. «We shouldn't export oil because higher pump prices are an unstoppable evil») then you might as well argue that we shouldn't export ANY goods because that causes the price of those good to go up at home.

«$ 50 a barrel is still a pretty critical number and that number is going to be even more critical as we move into next year,» Tortoise Capital Advisors» Thummel told Bloomberg, noting that the lower oil prices could mean that companies would not hedge production as much as they would at higher prices to protect future output.

The example of crude oil alone shows how the U.S. makes money by buying a product from its NAFTA partners, processing it, and selling the finished product at a higher price.

However, since Canada's population is concentrated in markets that already fetch their oil at higher world prices, even if western Canadian producers were to access better prices for their products, that would be unlikely to have a meaningful effect on gasoline prices or other segments of our economy.

Although oil prices are now half what they used to be three years ago, Big Oil is better positioned now than it was when oil prices were sky high, Michele Della Vigna, co-head of European equity research at Goldman Sachs, told CNBC in an interview on Mondoil prices are now half what they used to be three years ago, Big Oil is better positioned now than it was when oil prices were sky high, Michele Della Vigna, co-head of European equity research at Goldman Sachs, told CNBC in an interview on MondOil is better positioned now than it was when oil prices were sky high, Michele Della Vigna, co-head of European equity research at Goldman Sachs, told CNBC in an interview on Mondoil prices were sky high, Michele Della Vigna, co-head of European equity research at Goldman Sachs, told CNBC in an interview on Monday.

Looking back at the cost gap figure above, the potential revenue generated by EOR is only about $ 50 - 60 / ton, and that is in the best plays under the assumption of high oil prices.

So the U.S. doesn't have to offer a higher price to ensure it receives the supply it requires — on the contrary, the U.S. gets Canadian oil at a discount.

Contango, a market situation in which the spot prices are lower than future prices, encourages traders to store crude oil and profit from selling it at prices higher than the spot market.

For decades, we have been living off unsustainably high commodity prices, particularly for oil and gas, at the expense of innovation and global competitiveness.

The companies at the most risk in such a scenario are those such as Continental Resources and Whiting Petroleum that not only based their budgets on higher oil prices but still have balance - sheet issues to work out.

Oil up a second session as potential for U.S. withdrawal from Iran nuclear pact grows Natural - gas prices settle at a 2 - week lowOil finishes higher Thursday, as traders worried that a potential U.S. withdrawal from the Iran nuclear agreement and the International Monetary Fund's threat to expel Venezuela from the international coalition of nations will lead to tighter global crude supplies.

Back in 2014 — when oil prices were still around $ 100 — the Eagle Ford's economic impact was estimated at $ 123 billion in the 21 - county area — an all - time high to - date, according to a June 2017 report by the University of Texas at San Antonio's Institute for Economic Development.

As discussed above, the issue was not that the heavy - light or bitumen - light differential was abnormally high in Alberta — it's that all Alberta and other mid-continent oil traded at a significant discount to world prices.

Oil moved back into bull market territory this week, with Brent prices jumping to a more than two - year high at $ 58 per barrel.

Despite higher oil prices and improved liquidity relative to the 2016 trough, foreign currency liquidity shortages remain, as evidenced by the still significant gap at around 100 % between the parallel market exchange rate and the official dollar exchange rate.

After dropping ConocoPhillips, Berkshire built up a large position in Exxon Mobil at a time when crude oil prices were near their highs in 2013.

At the same time, Levi places oil prices in a long - term context, reminding listeners that we've become accustomed to unusually high prices for the last three years.

Of course, oil means energy, which means that higher oil costs will translate into higher prices for just about everything, not just at the fuel pump.

While Basic Energy Service reemerged from bankruptcy at the end of last year with a more sustainable cost structure and improved balance sheet, it needs higher oil prices to thrive, because those prices will drive customer demand for its services.

A large part of this rise in export earnings reflected the higher price of oil and the resumption of production at a number of oil fields on the North - West Shelf.

At the same time, the U.S. 10 - year Treasury bond yield dipped from 2.43 % to 2.34 % week - over-week, while WTI oil prices jumped to a 2 1/2 - year high near $ 56.

Depressed earnings at oil companies should benefit from a rebound in crude oil prices, while slightly higher interest rates can have a positive impact on bank earnings.