Sentences with phrase «crude oil prices continue»

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

Exxon said its upstream, or exploration and production sector, suffered «significantly» during the market downturn as crude oil prices continue to starve companies of revenue.

Crude oil prices continue to remain bullish, brightening the prospects of oil and related companies.

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...

NEW YORK, April 23 - Global benchmark Brent crude turned positive on Monday, after dropping earlier after Iran's oil minister said OPEC would not extend its production cap pact if high crude oil prices continued.

Not exact matches

Oil prices continued their months - long decline Monday, with the price of crude briefly falling below $ 50 per barrel for the first time in more than five years earlier in the session on account of global oversupply.

CNBC's Jackie DeAngelis reports fresh lows in crude over the weekend as concerns resurface that oversupply will continue to pressure oil prices.

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

CNBC's Jackie DeAngelis reports the latest trading action in oil as oversupply continues to plague crude prices.

As oil markets continue their downwards spiral this week, tell us how bearish you are on U.S. crude prices.

But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.

Gasoline retailers decided to make some money, spring vacationers drove up demand, crude oil prices went up, and gas refineries continued to undergo seasonal maintenance, resulting in tighter supplies.

July 2016 Oil and Gas Prices Global crude markets showed resilience in June when both Brent and WTI rallied to a 2016 high above $ 51 / bbl, due to continuing outages in Nigeria and Canada, as well as a 1.7 % decline in U.S. production.

While the re-balancing of global oil markets is progressing, record - high crude and gasoline inventories continue to put downward pressure on prices.

«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.

With oil prices already down on the day, the American Petroleum Institute (API) reported a large build of 3.427 million barrels of United States crude oil inventories for the week Continue Reading

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 Continue Reading

Crude oil prices jumped a percent today on comments from Saudi Arabia's Energy Minister Khalid al - Falih, who said he expected the OPEC + production cut deal would be extended into next Continue Reading

Angola's crude exports fall to lowest since at least 2008 OPEC disruptions could send prices above $ 80 a barrel: BofAML While plunging output in Venezuela captures the oil world's attention, Continue Reading

Crude oil prices settled higher as the prospect of new U.S. sanctions against Iran heated up after Israel revealed files he claimed show Iran continued to develop nuclear weapons.

This Day In Market History, March 26: OPEC Raises Crude Oil Prices By 9 % Each day, Benzinga takes a look back at a notable market - related moment that occurred on this Continue Reading

Global crude oil inventories had reached record highs, and the price of oil Continue Reading

Crude oil might have hit the gas pedal, but equity investors have been left on the sidelines as energy stocks continue to struggle even as the price of crude ralCrude oil might have hit the gas pedal, but equity investors have been left on the sidelines as energy stocks continue to struggle even as the price of crude ralcrude rallies.

Genscape oil analyst Carl Evans said that, even with crude prices below $ 50 (U.S.) a barrel over the past two years, heavy bitumen production in Canada's oil sands region has continued to grow.

One oil Chief Economist Daniel Lacalle of Tressis Gestion blamed several factors for the continuing and sustained advance in crude prices:

Saudi Arabia is likely to continue its policy of maintaining high crude production, which keeps oil prices from rebounding until high - cost producers like U.S. shale frackers curtail output, Kilduff said.

Headline consumer price inflation across the region continues to be affected by the high cost of crude oil and other commodities.

As the present economics of oil — which require a $ 66.70 barrel price to make Saudi crude profitable — continue to work against the world's energy producers, the KSA has turned its focus towards its long - term «Vision 2030» strategy of economic diversification.

Kuwait plans to increase its crude production by 150,000 barrels a day by the third quarter of the year despite the current slump in oil prices, the managing director of Continue Reading

Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.

Crude oil continues to receive some non-fundamental price support from ongoing worries about the Iranian supply outlook.

Crude oil prices settled higher as the prospect of new U.S. sanctions against Iran heated up after Israeli Prime Minister Benjamin Netanyahu revealed files he claimed show Iran continued to develop nuclear weapons.

Commodity prices have remained at historically elevated levels, although persistent transportation bottlenecks are leading to continued discounts for Canadian heavy crude oil.

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken.

A continued high supply of oil worldwide, with more than enough crude oil being produced both in the U.S. and overseas for prices to fall drastically.

DeHaan says that continued low gas prices in the U.S. can be attributed mostly to an increase in the amount of crude oil produced in the U.S., with American oil inventories up 27 percent compared to this time last year.

Elsewhere look for Gold to continue in its short term uptrend while Crude Oil churns with more sideways price action.

Crude oil prices have continued to rise over the last year due to strong demand by recovering developed economies such as the United States and China, limited spare production capacity in oil producing countries (or unwillingness to add more), and political instability, such as what we are seeing in Libya.

According to GasBuddy, supply vs. demand trends going into the last part of the year will be putting downward pressure on crude oil prices — something they expect to continue well into next year.

First, U.S. production of oil and natural gas grew last year despite continued low prices for crude last year.

We continue to see a narrowing of the WTI - Brent spread throughout the year, but a decline in overall crude oil pricing.

[E] ven if Keystone XL is built, prices for the crude oil it carries as well as for domestically produced oil from elsewhere will continue to be affected by international events.