Sentences with phrase «crash in oil prices»

For those who are familiar, Buffett bought an oil stock at the height of the commodity boom just prior to the financial crisis and subsequent crash in oil prices.

The recent crash in oil prices will cause the oil market to rebalance in ways that challenge traditional thinking about the responsiveness of supply and demand, the International Energy Agency (IEA) said in its annual Medium - Term Oil Market Report (MTOMR) released today.

Following the 2014 crash in oil prices, a number of leading market commentators concluded that the era of geopolitics mattering for the oil market was over.

Since then, she's dealt with the crash in oil prices, and the current Alberta government's plan to phase out coal - fired power.

In effect, all the U.S. needs to do is either wait for this crash in oil prices, or nudge the Saudis into creating the crash with overproduction.

A strong U.S. dollar and a crash in oil prices caused the earnings drop, and Sonders said those problems have passed.

After chopping spending by almost one - third to cope with a crash in oil prices and billions in writedowns that sent profits to the weakest since last decade, China's energy giants Continue Reading

There was also a fair amount of bad news baked into the price of stocks at the beginning of 2016 that never materialized (a U.S. recession, Chinese yuan devaluation and crash in oil prices, for instance).

The crash in oil prices has hobbled the state and soured the business environment, which might have otherwise attracted more companies from other industries, Behravesh said.

Ngige argued that this country entered recession a long time ago before the Buhari government came on board but nobody noticed it because of the huge foreign reserves accumulated by former President Olusegun Obasanjo, which has now shrunk to $ 21billion as a result of the crash in oil prices.

The crash in oil prices has hit Alberta hard and the number of EI recipients shot up by a whopping 72 % since the crash in oil prices began.

Before the crash in oil prices, GEOS traded at two to three times book value.

The crash in oil prices is shrinking the profits for drillers.

With the Tar Sands and the crash in oil prices, Canada went from being a world petro - state to an economy in trouble.

The odds of a fiasco are increased, he reckons, by the likelihood of a crash in oil prices: «the fundamentals do not support anything like these prices for long.»

While some of the reduction from the big oil companies is probably due to the crash in oil prices that began in 2014, leading to lower activity across the energy industry, all five majors have enacted climate and efficiency policies, as well as anti-pollution measures, the report said.

Saudi Arabia's debt was downgraded by Moody's in the wake of the crash in oil prices; oil production here is at its lowest level in 50 years, affecting regional employment and economies, which in turn affect real estate.

This year's crash in oil prices has threatened the global economy — capital markets have responded — Saudi Arabian debt has been downgraded by Moody's and, in some markets (such as Houston and North Dakota) lenders are restricting commercial real estate debt.