Sentences with phrase «current price of oil»

For clean energy to out - compete all supplies of oil on price alone, they can't just get below the current price of oil — they will have to get below the lowest - cost oil supplies, which are very cheap.

The current price of oil is going to kill us to put it mildly.

Kinder Morgan's debt load and dividend policy where unsustainable at the current price of oil.

Oil companies that today pay for CO2 to be delivered from natural deposits are in danger of losing money, because the current price of oil is so low.

During our webcast last month, Brian Hicks, portfolio manager of our Global Resources Fund (PSPFX), emphasized the point that the current price of oil just isn't sustainable:

Not exact matches

Investment bank Jefferies called current prices unsustainable and said production declines across most of the important non-OPEC producers is likely to set the stage for an oil price recovery in the second half of this year.

But Waghorn says Hess's wide range of oil reserves, including fields in Guyana, will help diversify its revenue sources in case prices stall at current levels.

This eye - catching graph pops out of a report published by Boston Consulting Group on January 21: it illustrates how the current oil price crash, while not (yet) the deepest in recent memory, is the longest - lasting — and counting.

LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

The current popularity of trucks and SUVs is also tied to low oil prices.

The shipments are significantly higher than the current record of 179,000 barrels a day reached in September 2014 before oil prices collapsed.

Jason Kirby at Maclean's wrote about a fellow who foresaw the collapse of oil prices and now predicts future assessments of current data will show the U.S. was in a recession at the start of 2016.

It said earlier this month that oil prices would have to stabilize above current levels of $ 50 per barrel for producers to make any meaningful boost to oilfield plans.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

Against this backdrop of delayed rebalancing, we now see oil prices fluctuating around current levels, in a lower range than we had expected earlier this year.

In light of the current outlook for oil prices, such decisions aren't a surprise.

The upper end of that projection — oil prices at US$ 60 — is below most of the current analyst forecasts, with expectations for the WTI price predominantly in the low US$ 50s, or below.

Commerzbank's head of commodity research Eugen Weinberg said oil market fundamentals «do not justify the current price, but unfortunately the market is focusing more on the politics and ignoring some of the warning signs, especially the hike in U.S. oil production.»

The current oil price scenarios appear to have not calculated this in however, as all media is focused on the effects of hurricane Harvey and the Gulf of Mexico.

Based on the current level of oil prices, this forecast implies that headline CPI inflation would remain close to 3 per cent in the short term.

In a survey of private sector forecasters last week, he was told that oil prices look to be stabilizing around the current -LSB-...]

In a survey of private sector forecasters last week, he was told that oil prices look to be stabilizing around the current level of $ 50 a barrel.

Hedge fund manager tips $ US300 oil price: Pierre Andurand, one of oil's most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $ US300 a barrel was «not impossible» within a few years.

Just as we saw during the Arab Spring of 2011, oil prices are currently rising on the back of concerns that the supply from the region could be affected by the current political unrest in Egypt.

What we are seeing now is that energy - related activity has stopped declining and is transitioning to a new level that is commensurate with the current level of oil prices.

India imports nearly 75 % of its oil (source: Central Statistical Office, India), so sustained low crude prices improved the inflation picture and current account balance (source: Bloomberg data).

The government is revising this year's budget, which was drawn up on the assumption that oil prices would average $ 48 per barrel, well above the current price of $ 28.

Thanks to the low - cost nature of those wells, the company expects to deliver 20 % compound annual production growth through 2019 while living within cash flow around current oil prices.

«Based on the Saudi current - account balance, Aramco had revenues of $ 160 billion last year from just oil and refined products exports when the average price of oil was $ 43 a barrel,» Fareed Mohamedi from the Rapidan Group said.

While most industry pundits continue to believe that the OPEC cuts / shale growth tug - of - war will continue to cap oil prices, the current mood in the market is a bit merrier than it was two years ago, one year ago, or even one month ago.

Until a balance is restored between supply and demand, though, Saudi Arabia is willing to endure the current low price of oil, even as its own budget, heavily reliant on energy revenues, faces a deficit of $ 98 billion, or 15 percent of gross domestic product, for fiscal 2016.

3) Persisting external pressures in the form of low dollar liquidity and declining net international reserves, despite higher oil prices and a decreasing current account deficit

Extending the OPEC cuts beyond their current expiry date at the end of 2018 would seem unnecessary if oil prices keep rising, Iran's Oil Minister Bijan Zangeneh told the Iranian Continue Readoil prices keep rising, Iran's Oil Minister Bijan Zangeneh told the Iranian Continue ReadOil Minister Bijan Zangeneh told the Iranian Continue Reading

The impact of higher oil prices on the country's current account deficit and inflation rate, the Indian banking system's struggles with demonetization, scandals, bad loans and a government looking ahead to next year's general election have all taken a toll on investor sentiment.

As long as we are talking about the resemblance of oil's late - 2014 price slide to that of gold back in early 2013, it is also appropriate to once again make the comparison of gold's current price pattern to what we saw before in the SP500.

Higher oil prices would reinforce current market trends based on reflation: rising long - term bond yields and a shift out of perceived safer assets — bond proxies and low - volatility stocks — and into cyclical assets such as EM.

The changes to the forecasts for inflation over the years to June 2000 and June 2001 (excluding the effect of the GST) appear to reflect current and prospective developments in oil and tobacco prices as well as a modest increase in the assessment of underlying inflationary pressures.

In tandem, the era of high oil prices prompted an increase in saving among oil producers... Using the increase in emerging markets» current account surplus as a guide suggests the desired saving schedule has shifted to the right by 1pp as a result of the EM saving glut, which lowers the global real rate by round 25bps.

For example, the Stumberg Ranch 55H well achieved an initial 24 - hour production rate of 3,800 barrels of oil equivalent (BOE / d), which puts that well on pace to deliver a full payout in only 12 months at current oil and gas prices.

In the absence of a steady stream of bullish news the oil price is likely to trade at least 10 % below its current price within the next two months.

«We think the fundamentals do not justify the current price, but unfortunately the market is focusing more on the politics and ignoring some of the warning signs, especially the hike in U.S. oil production.»

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.

By now, it should be obvious that the Saudis and their Gulf allies are playing the long game when it comes to the current oil situation, and that means keeping the taps flowing in the midst of a global glut no matter how low prices go.

If this isn't the case and all the oil being produced is needed for current consumption, then the price of oil for future delivery can drop to an unusually low level relative to the spot price and stay there.

After a quarter - long consolidation, West Texas Intermediate crude oil prices broke above a key technical level of $ 66 per barrel in early April, the highest level since 2014, offering an indication the current uptrend remains intact.

Global oil producers were able to earn attractive full - cycle rates of returns on capital employed above $ 85 per barrel, but at current prices, the industry is being forced to significantly pare back drilling activity.

Oil prices spiked to a two - year high after Saudi Arabia launched a country - wide probe into corruption, detaining numerous high - profile individuals, including prominent businessmen and members of the ruling al - Saud family, as well as current and former ministers.

Considering world political events, economics and «growth yet to come», the price of oil / liquids will flatline with a 2 - 5 % price adjustment on the daily trading aspect on today's current pricing schedule.

At the beginning of June, Russia's Economy Minister Maxim Oreshkin said that Russia was «actually ready to live forever at oil prices $ 40 or below,» as oil at US$ 40 is the current underlying key assumption of Russia's economic policies.

The OPEC / non-OPEC deal is working, and the current underlying key assumption of Russia's economic policies — oil prices at US$ 40 — can allow it to live forever at that price or below, Russia's Economy Minister Maxim Oreshkin told Bloomberg in an interview on the sidelines of the St. Petersburg International Economic Forum on Thursday.