Sentences with phrase «because of low oil prices»

Commodities and emerging - market investments are still risky, because of low oil prices and China's slowdown, Ailman said.
Because of low oil prices and weakened commodity prices generally, resource exploitation, the motor of economic growth for the Conservatives, is slowing down.
Sure, these tar sands assets were stranded because of low oil prices, and the infrastructure built to extract tar sands could be turned back on anytime, but that seems very unlikely.
It came about because of low oil prices, and it led to a higher dependence on imports.»
A tailings pond near Fort McMurray, Alberta, where the oil sands boom has faded because of low oil prices.
Pres. Barack Obama vetoed a bill to approve construction of the Keystone XL Pipeline on February 24 — not because of climate change, not because of low oil prices and not because of the risks from leaking diluted bitumen from the tar sands.
As long as Canada remains weak because of low oil prices, a weakened currency and a general slowdown of the world economy, we'll continue to see opportunities in the beaten down Canadian banking sector.
Industrial goods manufactuer Precision Castparts saw its stock tank this year because of low oil prices, Fortune's Geoff Colvin reported.
If the Fed is indeed putting off raising short - term interest rates — perhaps because of an economic slowdown overseas, economic turmoil in Russia, or because of lower oil prices — then that's potentially good news for the stock market.
According to Oliver's statement the government has an «unwavering commitment to balance the budget», but right now, because of lower oil prices, no one believes that Oliver can do it without some «voo doo» budget magic.

Not exact matches

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.
All are struggling due to low oil prices — some directly because of lower revenues, and others because of deflationary pressure.
Earlier, it lowered its 2014 capital budget by $ 1 billion and delayed projects because of the falling oil prices.
The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.
Because I don't see the capital markets continuing to fund non-conventional oil drilling when the ever present risk of prolonged low prices, or worse another step down I therefore see the balancing of the market occurring sooner then you suggest.
«I think no deal is probably better for the longer - term because it continues this process of rebalancing and there is no rebalancing without pressure and pressure comes through lower oil prices, through tighter credit and we're seeing all of that playing out nicely,» he said.
Gas prices in New Mexico are typically lower than the national price because New Mexico has its own source of oil.
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.
Biofuels don't help, but biofuels are the result of high oil prices, which are the result of poor incentives to bring oil up (both because of low yielding U.S. assets and political resentment over U.S. foreign policy).
The negative effects of lower oil prices hit the economy right away, and the various positives - more exports because of a stronger U.S. economy and a lower dollar, and more consumption spending as households spend less on fuel - will arrive only gradually, and are of uncertain size.
The 104 - page OPEC report finds that there will be greater demand for the group's oil in 2016, with customers consuming an average of 31.65 million barrels a day throughout the year because the market will be «supply - driven» as competitors, beset by low prices, continue to cut back severely on capital expenditures ranging from exploration to new drilling.
Headline inflation is lower than forecast, largely because of the recent fall in oil prices.
This is because at its recent low the «inflation» - adjusted oil price was below its 1986 bottom and almost as low as its 1998 bottom (the two lowest points of the past 40 years).
These indices after testing their fresh 52 weeks lows rebounded but the rally may not sustain because of the situation in China and low Crude Oil prices.
In recent times Venezuela as a sovereign country has been involved in sociopolitical problems and with a high volatility in its prices of raw material exports such as oil, because of the low prices...
AXJO 4707 These indices after testing their fresh 52 weeks lows rebounded but the rally may not sustain because of the situation in China and low Crude Oil prices.
However, due to the high costs of excavation, many of these methods are not financially sustainable at $ 30 - 35 per barrel oil prices, and may slow production or even shut down temporarily or permanently, because of low prices.
Oil analysts say forecasting the timing of a bottom in prices has been particularly difficult because of the unknowns around U.S. production, and most have now extended their forecasts for low oil well into next yeOil analysts say forecasting the timing of a bottom in prices has been particularly difficult because of the unknowns around U.S. production, and most have now extended their forecasts for low oil well into next yeoil well into next year.
«Even at these lower prices, the US shale production will continue to increase because technologies and knowledge of shale prices are getting better month after month,» says Leonardo Maugeri, former top manager at Italian oil company ENI and now associate professor at the Harvard Kennedy School's Belfer Center for Science and International Affairs.
Phillips 66 is widely known as a refiner, and refiners benefit from lower prices of oil because they have to pay less for each barrel of crude oil to perfect (and can thus capture higher margins by doing so).
Inflation has been unusually low because of falling oil prices and other economic trends, leading to the lowest tax cap since its imposition in 2012.
Oil companies that today pay for CO2 to be delivered from natural deposits are in danger of losing money, because the current price of oil is so lOil companies that today pay for CO2 to be delivered from natural deposits are in danger of losing money, because the current price of oil is so loil is so low.
For every barrel of extra oil obtained from tar sands as a result of the pipeline, global oil consumption would increase by 0.6 barrels, because the extra oil would lower oil prices and encourage people to use more.
Moreover, the article states that the increasing popularity of palm sugar will cause the price of products like coconut oil, coconut flour, and shredded coconut to skyrocket because low income coconut tree farmers will choose to use their trees to produce coconut sugar instead of mature coconuts.
«Now suddenly nothing can go wrong for it, which is quite an amazing turn of events given the fact that oil prices hit multi-year lows in January and financial markets were struggling mightily because of the concerns about weak growth,» Porter said.
The much - battered energy sector retreated another 0.31 per cent and now is down about 30 per cent year to date in a sell - off that has lumped high - quality, low - cost producers with companies that are more vulnerable to low oil prices because of higher debt and production costs.
Right now at least, pump prices are falling more or less in tandem with crude because of low demand from world economies and larger crude inventories from oil producing countries.
More ships followed in the two following winters, after which gray whaling in the bay was nearly abandoned because «of the inferior quality and low price of the dark - colored gray whale oil, the low quality and quantity of whalebone from the gray, and the dangers of lagoon whaling.»
However, it started to decline during the summer of 2009 because of lower oil and energy prices and a deteriorating economic outlook.
The IEA do assert however, that in a 450 scenario, the risk of stranded assets is higher because of a combination of falling demand and lower prices, something that will mean oil «companies are valued less».
That's because although a high oil price of $ 50 - $ 70 is necessary to justify investing billions into a new oil sands project, the variable costs of getting a barrel of oil from existing operations are much lower (as low as $ 10 for steamed oil and low $ 20s for mined oil).
The majority of the reductions in the RGGI region to date have occurred because of coal unit retirements and cutbacks in the use of residual oil which were driven by the economics of low natural gas fuel prices.
This can occur through (1) relocation of energy - intensive production in non-constrained regions; (2) increased consumption of fossil fuels in these regions through decline in the international price of oil and gas triggered by lower demand for these energies; and (3) changes in incomes (thus in energy demand) because of better terms of trade.
And with the low oil price hanging over the industry, we are expecting to see a range of issues arising — from gas and LNG pricing disputes to projects being cancelled because the economics no longer work.
Leasing volume has been down recently because of stock market volatility and concerns over the economic slowdown in China and low oil prices, notes Julia Georgules, vice president of office research for JLL.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.
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