Certain regions of the country could also be affected differently
by oil prices.
The BOS indicator illustrates the slowdown in business activity in late 2014 triggered
by the oil price shock.
The spending behaviour of firms in regions hit
by the oil price shock is also recovering, supported by improving commodity prices and business confidence.
For example, master limited partnerships (MLPs) tend to have revenues that are driven
by oil prices as the source of the cash flow.
The prices of other sources of energy, such as coal and gas, also appear to be affected
by oil price movements, though these relationships are quite loose, and depend on the state of world demand and stock levels.
Little more than two years since it was brought to its knees
by the oil price collapse, Santos has emerged as an unlikely sought - after prize to form the basis for a new global LNG powerhouse.
Nigeria along with Angola, the leading oil economies on the continent have been hit hard
by oil prices which have gone down by more than 50 percent in the last 12 months.
When he last spoke about rising fuel costs throughout New York in April, the average price for a gallon of regular gas was $ 4.15, according to data provided
by the Oil Price Information -LSB-...]
Rob Carrick: Okay, here's something, let's look at what's happening in Alberta where they have been hit hard
by oil prices.
Unfortunately, none of these actions are significant enough to overcome the major challenges caused
by oil prices, which remain down over 50 % from early 2014 and hover near a 6 - year low.
The Loonie's price action was not dictated solely
by oil prices, though, since Canadian economic data also had an impact, namely
The Loonie's price action was not dictated solely
by oil prices, though, since Canadian economic data also had an impact, namely Canadian monthly GDP report, which surprised by printing a 0.1 % contraction in August instead of growing by 0.1 % as expected.
Canadian stocks driven
by the oil price combined with international stock growth are the major contributors to this month's positive performance.
Oil drilling companies are not as affected
by oil prices as producers and refiners, but the stock prices of drillers seem to always follow oil prices anyway.
The Canadian market recovered since the lows caused partly
by the oil prices but it is still experiencing downward pressures.
Cameco's fortunes are tied to the price of uranium and the others are influenced
by oil prices.
And lower revenue growth reflects a falling oil / petrol price — fuel still comprises 80 % of revenue & is completely driven
by oil prices, so total revenue isn't all that reliable / relevant a metric.
In an exclusive analysis put together
by the Oil Price Information Service for CNNMoney, Americans were spending $ 360 a month on average on gas.
An effective carbon tax has already been imposed on the global public
by the oil price rise, which of course increases the price of things which have to be moved around — ie.
What we end up with is a de facto governance of the future
by oil price.
Cases with higher or lower world energy prices, represented
by oil prices, have relatively little direct impact on power - sector emissions, as petroleum provides a small fraction of U.S. electricity generation.
Hagen, as soon as you approach being competitive with $ 100 / bbl oil and can produce in any reasonable quantity you'll get your legs kicked out from under
you by oil price decline.
Some of the poorest countries in the world are so dependent on oil imports that their already fragile economies have been hit 10 times as hard as the U.S. economy
by the oil price shocks of the past years.
A change in the price of oil pushes the radius of the whole circle out proportionately, because the price of everything if affected
by oil prices.
Although the U.S. economy is more stable and stronger than it was in the 1970s, when it was devastated
by oil price shocks in 1973 and again in 1978 — 79, it could slip into recession in the same way it did coming off the Gulf War oil price shocks in 1990.
Your mission, should you choose to accept it, is to spend 20 minutes a day reading up on how the real estate world is impacted
by oil prices.
Not exact matches
As the North American
oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for
oil -
by - rail, what is clear is that the North American
oil market will eventually settle into a new era of
pricing relationships which will be very different than those which prevailed prior to 2008.
The OPEC member that needs the «lowest»
price of
oil to balance this year's expenditure is Iran, at $ 52 a barrel, according to data
by RBC Capital Markets.
The comments reflect those made
by Saudi
Oil Minister Khalid Al - Falih who this month said that oil prices could rise to $ 75 without causing economic dama
Oil Minister Khalid Al - Falih who this month said that
oil prices could rise to $ 75 without causing economic dama
oil prices could rise to $ 75 without causing economic damage.
The recession of 1973 - 1975 in the U.S. came about because of rocketing gas
prices caused
by OPEC's raising
oil prices as well as embargoing
oil exports to the U.S..
Our energy sector has been hurt partly
by low natural gas
prices and the discount placed on Canadian
oil compared to world benchmarks, but gas and
oil prices have generally been flat or on the rise.
SINGAPORE, May 2 -
Oil prices were stable on Wednesday, supported
by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.
The
price of
oil has risen to its highest since late 2014 this month, driven
by concern over the potential for disruption to Iranian crude flows, but analysts say the degree of uncertainty hanging over the deal means the market is extremely sensitive to any developments.
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.
The
oil price has risen
by 15 percent in the last four weeks thanks to expectations that the United States will reimpose sanctions on Iran, a major
oil...
SINGAPORE, May 2 -
Oil prices firmed slightly on Wednesday, supported
by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.
SINGAPORE, May 2 -
Oil prices rose on Wednesday, lifted
by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.
With operating net profit — or profits before taxes and interest — up
by 30 percent to 978 million euros, Eni CEO Claudio Descalzi said that Eni's results were «over and above the rising
price of
oil.»
NEW YORK, April 24 -
Oil prices were little changed on Tuesday after Brent hit its highest level since November 2014, supported
by strong demand, OPEC - led production cuts, and the prospect of renewed U.S. sanctions on Iran.
Costs back then were still low
by today's standards, but the integrated mining operations were seeing operating costs of $ 12 - 18 / bbl and new projects needed $ U.S.
oil prices of $ 20 - $ 30 to generate reasonable rates of return.
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.
Say I'm running Esso right now, and I need to raise my
price by 5 cents because the cost of crude
oil went up.
LONDON, May 2 -
Oil recovered some ground on Wednesday after the previous day's slide, helped
by concerns about possible renewed U.S. sanctions on major exporter Iran although
price gains were capped
by rising U.S. supply.
The
oil price has risen
by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major
oil producer and member of the Organization of the...
Coincidentally, the light
oil price forecast of the day had also crept up, to U.S. $ 24 / bbl plus inflation, with oilsands production expected to reach 2.2 million barrels per day
by 2015.
In fact, with
oil prices increasing only with inflation from $ 18 / bbl in 2000, the NEB expected total oilsands production to reach 1.6 million barrels per day
by 2015.
Oil prices in recent weeks rose on concerns that sanctions
by the U.S. on Iran would squeeze supply further.
SINGAPORE, April 26 -
Oil prices rose on Thursday, supported
by an expectation that the United States will re-impose sanctions against Iran, a decline in output in Venezuela and ongoing strong demand.
In 2015, revenue for the 500 largest global corporations dropped 11.5 % to $ 27.6 trillion, owing to falling
oil prices and in part
by the surge in value of the U.S. dollar, which has stalled economic growth worldwide.
In October of 2011, the
price of WTI at Cushing, OK was discounted
by almost $ US25 per barrel compared to similar
oil grades on the U.S. Gulf Coast, only 600 miles away.