Sentences with phrase «decline in output»

(7) In its 2007 World Energy Outlook, the IEA predicted a rate of decline in output from the world's existing oilfields of 3.7 % a year (8).

We're looking at a 30 percent decline in output from last year,» said Yuriy Makogon, an economist at the University of Donetsk.

The pattern for other developed economies is marked by shallower declines in output, but that are more drawn out.

This excessive production came despite declines in output during the year by several leading OPEC members.

Due to the volatility of prices and production, coupled with the terminal decline in output to begin by 2025, the Bank was of the view that managing anticipated surge in oil revenue will be challenging and so advised moderation in government's forecasting of revenues from the sector.

According to him, since the attainment of the record one million metric tonnes in the 2011 crop season, there had been a consistent decline in output to figures below 900,000 metric tonnes in three consecutive seasons.

In other words, low solar output due to cloud cover and wind turbines shutting down to prevent mechanical damage in high winds, a phenomenon well - known in Europe, resulted in substantial declines in output.

OPEC's crude output held steady at an average 31.76 mmb / d, as declines in output from Iraq and Kuwait were offset by increased production from Libya, Saudi Arabia and Nigeria.

SINGAPORE, April 26 - Oil prices rose on Thursday, supported by an expectation that the United States will re-impose sanctions against Iran, a decline in output in Venezuela and ongoing strong demand.

SINGAPORE, April 26 - Oil prices rose on Thursday, supported by expectations the United States will re-impose sanctions against Iran, a decline in output in Venezuela and ongoing strong demand.

But regardless of whether a decline in output occurs because of a negative demand shock or negative supply shock, the political pressure usually mounts on the Fed to «do something.»

Calpine, which relies mostly on natural gas to generate power, recently blamed near - record levels of hydro generation for a decline in output at its own plants in the second quarter.

«Singapore, Mexico, Malaysia, Thailand and Korea all experience a decline in output of between 1 and 2 percentage points.»

Thus the decline in output in the east Asian region represented a significant negative demand shock to the Australian economy.

Granted, miners have been pressured by Beijing to curtail production as part of the government's enforcement of tougher environmental protection policies, but the decline in output is part of a downward trend we're seeing across the board, especially among major producers.

The decline in output was the largest since December 2016, and more than the 0.4 % forecast by economists.

Even assuming austerity measures might ease some of the country's debt load, it would be difficult to offset this steep of a decline in output.

A decline in one set of education inputs may be accompanied by growth in another set; similarly, a decline in output as a result of one change may be accompanied by growth in output as a result of another.

The Commerce Department defines a recession as two or more quarters of decline in output, as measured by Gross National Product (GNP) or Gross Domestic Product (GDP).

The decline in the output of offshore wind farms, based on a study of Danish wind farms, appears even more dramatic.

Already, the impact of reduced demand, growing renewables, and rooftop solar, is causing a decline in output in coal generation, bringing capacity factors down sharply, particularly for black coal generators.

Although production capacity at new fields is expected to increase over the next five years, it is very uncertain whether it will be sufficient to compensate for the decline in output at existing fields and to meet the projected increase in demand.

The combined effect of lower E&D investment, a decline in output from US shale due to lower drilling activity and growth in global oil consumption will ultimately create upward pressure on prices.