Sentences with phrase «decline in oil prices»

And despite recent declines in oil prices, the federal deficit will be eliminated in 2015 - 16 and possibly even one year earlier.

He pointed to the sharp decline in oil prices, as well as manufacturing weakness.

Most important was the dramatic decline in oil prices in 2015, which resulted in a significant reduction in nominal GDP by 2050 - 51, of nearly $ 430 billion.

At the same time the sudden decline in oil prices caused a slowdown in fracking activity.

Now that we understand why it happened, what can the real estate industry learn from the sudden and significant declines in oil prices?

With the rapid decline in oil prices, this objective has been pushed even farther into the future.

The effects of the steep decline in oil prices have played a big part in pushing down the exchange rate.

However, despite the recent decline in oil prices, the airlines not only continue to charge checked baggage fees, they continue to increase them.

The additive effect of these three cycles was a sharp decline in oil prices.

And the dramatic decline in oil prices has yet to show signs of reversing.

The dynamics underlying the recent and precipitous decline in oil prices read like a page out of the commercial real estate industry history books, complete with increasing supply, declining demand, and animal spirits.

«After the sudden decline in oil prices in the second - half of 2014, some thought that oil production would be cut in response.

Some of these companies won't surprise you: There are several energy firms on the list of the Fortune 500's biggest losers, reflecting the enormous decline in oil prices that occurred in the second half of last year.

The significant decline in oil prices also helped bolster growth around the world and ease inflationary pressures.

The logical and practical thing for any government to have done would have been to «boast» of a balanced budget in 2014 - 15, one year earlier than promised; accept that the unexpected decline in oil prices will have a small and transitory impact on the deficit; «boast» that because of the strong fiscal actions the government has implemented since 2012, the government's debt burden will fall to historically low levels.

The difference, however, is that while foreign companies mostly sold oil assets, they mainly purchased natural gas assets as an adjustment strategy to cope with the anticipated decline in oil prices and even the global oil industry.

The continued decline in oil price led to insufficient cash availability to meet JV cash calls obligations of about $ 615.8 million monthly as appropriated by the National Assembly.

«The sharp decline in oil prices represents a formidable shock on the oil exporting countries of sub-Saharan Africa, especially in view of their strong reliance on oil receipts for fiscal and external revenues,» an IMF spokeswoman said in a statement.

According to him, many countries specifically Saudi Arabia and Nigeria have suffered in the face of global decline in oil prices but Ghana remains resilient due to prudent economic decisions.

Steep declines in oil prices have led investors to focus on the implications for Texas commercial real estate.

While prices had bounced back somewhat to $ 50 as of mid-February, the massive decline in oil prices has already begun to reverberate throughout the economy.

Mr. Oliver had told him not to worry about the recent decline in oil prices.

For most other metros, a steep decline in oil prices will be a boon for consumers and businesses alike, effectively acting as a tax break.

That could potentially spur the retail sector into a somewhat faster recovery than we were anticipating before the precipitous decline in oil prices.

The decline in oil price since last summer has hurt the national GDP and pushed up the unemployment rate in oil - heavy provinces (Alberta, Saskatchewan and New Brunswick).

In his press conference to discuss the change today, Bank of Canada Governor Stephen Poloz said that the Bank felt the ground had been prepared for a rate cut by the decline in oil prices.

Indeed, retail spending has been disappointing despite expectations for a rejuvenated U.S. economy boosted by the decline in oil prices.

Since it is commonly recognized that a decline in oil prices has a negative effect on Canadian RGDP, we should further temper our expectations for third quarter RGDP growth.

Crucially, the decline in oil prices is more of an economic stimulus for the euro area than a harbinger of deflation.

Yellen added that the FOMC expects that for the US, the decline in oil prices will be, on net, a positive for the economy.

When asked about contagion effects from the decline in oil prices, Yellen said that «leverage in the financial system in general is way down» from levels before the crisis, and said it isn't a «major» concern that some entities would be effected by the decline in oil prices.

«Cost management has been an ongoing focus, with successful efforts to reduce both capital and operating costs well underway before the decline in oil prices.

Yellen noted that the decline in oil prices «will likely hold down overall inflation in the near term.»

Yellen again noted that the decline in oil prices and the pressure put on inflation is likely to be «transitory.»

The decline in oil prices that began in November 2014 has hit Saudi Arabia hard.

These declines in oil prices impacted directly on the budgetary balance through lower energy royalties and corporate income tax receipts, and indirectly through their impact on lower nominal income growth, other revenue sources and on employment insurance benefits.

The decline in oil prices, which occurred in mid 2014, hits two years past the time that Southwest's profits and margins began improving.

With the oil majors all trading at fair and undervalued prices due to the decline in oil prices I was able to both increase the yield of my portfolio while also getting great companies at a fair price.

Premier Prentice is understandably putting on a brave face by telling Albertans that the decline in oil prices is just a temporary slump.

With the recent decline in oil prices it has left Canada's economy slightly shaken leaving many investors very anxious.

One option would be to accept accept that the «unexpected» decline in oil prices has changed everything.

The decline in oil prices has also resulted in economists revising down their outlook for inflation.

If monetary policymakers are as focused on the labour market as they say they are, and the decline in oil prices hasn't shown up in economic data yet, I wonder what they are waiting for.