Sentences with phrase «crude oil prices»

In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.

Where I'm from, there a lot of people losing their jobs mostly due to the sharp decline of crude oil prices.

In contrast, the energy names managed to advance, helped by higher crude oil prices.

Energy companies are back in focus these days as crude oil prices soar.

Here's an admittedly simple simulation using crude oil prices since 1987.

Gas prices also drop when crude oil prices drop - the flip side of that regulation.

It will dawn on folks if crude oil prices continue to rise in the future.

Obviously, over time, gasoline prices track world crude oil prices very closely — they just don't necessarily track local ones.

The oil companies are allowed to tie gas pump prices to the current crude oil prices, which is why you see an immediate gas price rise when crude oil goes up in price.

It depends, how long will crude oil prices stay low?

In this case, I am talking about crude oil prices, and the related set of prices that are cousins.

The general consensus among economists is that crude oil prices need to climb dramatically higher before threatening the global recovery.

While this issue is more idiosyncratic, it has been one of the key factors hurting energy prices, particularly crude oil prices.

There isn't a single crude oil price as there is for gold.

$ 53 a barrel crude oil prices will remain fairly steady, with an expected increase of $ 10 by 2010.

With the fall in crude oil prices, government revenues have fallen, leading to a sharp decline in foreign reserves.

The demand for lower energy buildings was supported by high crude oil prices, which peaked at the equivalent of $ 117 per barrel following the Iranian revolution in 1979.

Like its industry peers, operations continue to suffer from lower crude oil prices.

Some other carriers, mindful of the irony of imposing fuel surcharges in the day and age when crude oil prices are at 15 - year low have changed the name, too.

They also test the response of crude oil price to economic news.

After the rig - count data release, crude oil prices remained weak alongside stocks and bonds.

Rising crude oil prices over the last two years will further aggravate the trade deficit as the currency is also depreciating, which will add to the import bill.

Brent crude oil prices in the first three months of this year averaged around $ 67 a barrel, leaving last year's $ 54.5 behind as a distant echo of the price crash of late 2014.

In the three months to October, the West Texas Intermediate crude oil price averaged US$ 30 per barrel, largely unchanged from the previous three months (Graph 49).

Despite the dips in crude oil prices on Monday, overall markets remain well supported by strong demand, especially in Asia, and Brent prices are up by 20 percent from their 2018 lows in February.

Still, Mr. Fish said that there are concerns about the future of office and high - end multifamily properties in Houston with crude oil prices at such a low.

In its latest Short - Term Energy Outlook, the EIA forecasts WTI crude oil prices to average $ 52 per barrel in 2017 and $ 55 per barrel in 2018.

«Extraction from the Canadian oil sands continues to grow and with crude oil prices back above $ 70 (U.S.) a barrel, new greenfield projects and previously shelved expansions are once again starting to become viable,» wrote senior currency strategist Matthew Strauss.

However, the easing in price pressures, which saw crude oil prices fall to around US$ 41 per barrel in early December, has been interrupted by the resolution of OPEC on 10 December to curtail above - quota production of oil, owing to concerns that prices would continue to fall.

Since crude oil prices plunged in 2014 in the face of oversupply, deals have been fitful, with large players such as Schlumberger and Technip buying smaller rivals.

«The problem of this heavy dependence on the oil sector, started as far back as 1992 when global crude oil prices started fluctuating from $ 18.4 to $ 61 per barrel in 2006 and reached $ 115.05 per barrel by June 2014.

Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude oil exports by rail to the United States.

Retail gasoline prices fell after crude oil prices dropped for the fourth straight week — a product of weaker - than - expected global demand and increasing production, which EIA says will save American households $ 550 next year, Bloomberg News reports.

In the three months to January, the West Texas Intermediate crude oil price averaged around US$ 32.50 per barrel, which is 8 per cent higher than the previous three months (Graph 49).

Asian shares slipped on Tuesday, taking their cues from a modestly lower day on Wall Street, while crude oil prices stabilized after their overnight tumble and the U.S. dollar edged higher.

U.S. production growth, the main factor counterbalancing the supply disruptions on the global oil market, has contributed to a decrease in crude oil price volatility since 2011.

The first figure shows you two things — the difference between crude oil prices in the Midwest US (WTI in PADD 2) and the US Gulf Coast (Brent or LLS in PADD 3) is shown in -LSB-...]

Crude oil prices collapsed from $ 114 to $ 26 in less than three years (August 2013 through February 2016).

Crude oil prices hit new lows earlier on Friday, as everything continues to indicate that oil producers are pumping relentlessly.

That is likely because crude oil prices are sensitive to factors other than production, such as geopolitical risk and inventory levels.

United States crude oil prices also gained by 1.07 percent to end at $ 86.65.

With the decline of the Brent crude oil price over the past year, one of the most common questions I have been receiving is how to play this development.

So long as the conventional crude oil price stays above 31.5 USD2006 / boe (excluding profits) it is profitable to extract oil sands.

On Friday (Dec 5), the NDRC announced further proposals for energy price reform in the petroleum sector that would come into effect January 1 by indirectly linking domestic fuel prices to international crude oil prices as well as substantially increasing fuel taxes.

Iran's oil minister Bijan Zanganehsaid that if crude oil prices continued to rise, there would be no need to extend a pact between the Organization of...

Still, prices remain well off from 2008, when crude oil prices jumped above $ 130 per barrel and average retail gas prices surged to an all - time high of $ 4.11 per gallon.

Bakersfield has been one of the hardest - hit regions in the state, as crude oil prices dipped two years ago, leading to layoffs at energy companies and throughout the region.