Sentences with phrase «crude prices topping»
Too many executives lost sight of this fact in the decade before the price dropped, and even with crude prices topping $ 100 per barrel, failed to deliver adequate returns.
http://www.bain.com/ Not exact matches
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trillion.
The US oil - rig count plateaued near the highest level in three years and showed signs of declining in late March (to 797), though it still stood 50 rigs above the year - end 2017 total.2 This contributed to expectations for a further increase in American crude production, which has topped 10 mb / d each week since early February, when WTI prices began to recede from their intra-quarterly high of US$ 66.14 a barrel.3 The amount of crude in US storage occasionally exceeded weekly estimates given the higher domestic output and fluctuating net import figures, reigniting fears that US production may thwart OPEC's efforts to clear global oversupply.
On top of that, Saudi Crown Prince Mohammed bin Salman told Reuters that Riyadh and Moscow were considering greatly extending a short - term alliance on oil curbs that began in January 2017 after a crash in crude prices, with a partnership to manage supplies potentially growing to a 10 - to -20-year agreement.
Top 5 things that rocked U.S. markets this week — a surge in bond yields sparked investor concerns, crude oil prices snap 2 - week winning streak, dollar extends rally, gold prices struggle, and Bitcoin update
Oil prices are poised to shoot through the top of recent ranges amid growing global demand and that could boost U.S. crude by some 36 percent from current levels, one analyst told CNBC.
Encana Corp's quarterly profit topped expectations on higher crude prices, but its total output missed estimates because of low production in two of its core basins.
Saudi Arabia is one of the world's top crude oil - exporters, leaving it heavily exposed to the swings in oil prices.
The plunge in crude prices all but killed profits at China's top energy producer and its largest oil refiner.
I last updated you on several top energy stocks in early November 2017, when the price of West Texas Intermediate (WTI) crude oil broke out of a 19 - month range... Read More
The contango exhibited in Crude Oil in 2009 explains the discrepancy between the headline spot price increase (bottoming at $ 35 and topping $ 80 in the year) and the various tradeable instruments for Crude Oil (such as rolled contracts or longer - dated futures contracts) showing a much lower price increase.
About foreign interests, The Northern Gateway pipeline is being designed to supply «ethical» crude oil to china at a bargain price which Canada will buy back as finished product for top dollar.