Sentences with phrase «driven by oil»

A strong local economy driven by the oil sector combined with low inventory led to the robust increases, but eroding affordability and interest rates that are expected to rise will likely lead to more moderate price appreciation in the second half of the year.

And lower revenue growth reflects a falling oil / petrol price — fuel still comprises 80 % of revenue & is completely driven by oil prices, so total revenue isn't all that reliable / relevant a metric.

There is an inverse correlation between USDCAD and oil because Canada's export economy is driven by oil.

Canadian stocks driven by the oil price combined with international stock growth are the major contributors to this month's positive performance.

and would add if the same management structure hadn't lied to fans about how all this would allow us to compete with top teams in Europe with... with exception of PSG... are not driven by oil wealth or megalomanic owners... of course none of this has anything to do with the footballing errors consistently made by wenger and which if corrected would at least give us a BETTER shot at winning top trophies than has been the case over the last dozen or so years

The economy in the Calahoo area is mostly driven by oil and gas exploration, agriculture and business conditions in the United States.

As is the case at many energy companies, growth is being driven by oil and liquids, while management limits spending on lower - return natural gas projects.

For example, master limited partnerships (MLPs) tend to have revenues that are driven by oil prices as the source of the cash flow.

First, the networking effects — because oil is a relatively small contributor to our GDP and manufacturing is a relatively large contributor to our GDP, any damage done by currency effects driven by oil risks having an outsized effect on a much larger industry.

Driven by oil, potash and once again wheat, our economy has outpaced most other western countries for some time.

Not exact matches

The price of oil has risen to its highest since late 2014 this month, driven by concern over the potential for disruption to Iranian crude flows, but analysts say the degree of uncertainty hanging over the deal means the market is extremely sensitive to any developments.

While gold is often considered an inflation hedge, Julius Baer said in a note, the fact that price pressures were being driven by confidence about growth rather than dollar weakness and rising oil prices meant it was failing to react positively.

Total produced 2.703 million barrels of oil equivalent per day (boe / d) in the first quarter, driven by ramp - ups and new acquisitions, up more than 5 percent compared to the same period in 2017, and above analysts» estimates of 2.663 million boe / d.

Driven by strong oil revenues, the rapid evolution engulfing Saudi Arabia today shows no signs of slowing down.

Oil prices have risen this month to their highest since late 2014, driven by concern over potential disruptions to Iranian crude flows.

Driven by shale expansion, US oil production this year is forecast to increase by 570,000 barrels per day (bpd) to 9.9 million bpd, the US Energy Information Administration estimates.

OPEC said Monday it expects demand for oil to grow faster than it originally expected in 2018, but the organization also sees supplies from beyond the producer group surging this year, driven by rising U.S. output.

As we near peak summer driving season, American consumers would have worried a generation ago that such a meeting would be an impetus for a pullback in production, with oil exporters aiming to raise prices by limiting supply.

Meanwhile, buoyed by many of the same forces driving most commodities (not to mention insatiable demand for energy), Canadian oil companies, including Imperial Oil, Husky Energy and Canadian Oil Sands, also reported strong — albeit less historic — earninoil companies, including Imperial Oil, Husky Energy and Canadian Oil Sands, also reported strong — albeit less historic — earninOil, Husky Energy and Canadian Oil Sands, also reported strong — albeit less historic — earninOil Sands, also reported strong — albeit less historic — earnings.

Its study, Mining and Heavy Industry Construction in Australia 2002 - 2017, released earlier this year, says that the upswing would be initially driven by major oil and gas projects, and would broaden across most mineral sectors by mid-decade.

«Hence, the fear of deflation driven by an acute oil price collapse receded, allowing bond yields to move higher,» he added.

In recent years, America's unprecedented oil and gas boom has been driven by one factor above all others — and that's shale.

LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.

The U.S. fuel margin decreased 17 per cent to 15.66 cents per gallon driven mainly by the volatility from a rapid rise in crude oil prices in the quarter.

In keeping with the idea that every company is a tech company, we'll have plenty of speakers representing other industries, including General Motors President Dan Ammann, who is trying to keep his company relevant in an era of ride sharing and self - driving cars; Charles Koch, CEO of Koch Industries, which owns oil pipelines, a lumber business, and a fertilizer producer; and Toys R Us CEO Dave Brandon, who must grapple with the shift by customers to buy online.

«All year this reading has been in focus as activity in the US manufacturing sector, particularly driven by a decline in oil - related activity and the strengthening of the US dollar, has slowed,» Business Insider markets editor Myles Udland reports.

The 10 - year U.S. Treasury yield rose 5.2 basis points to 3.035 percent on Wednesday, driven by worries about the growing supply of government debt and inflationary pressures from rising oil prices.

It was driven by growing Chinese and other Far East demand and by dwindling oil supplies following the peak of conventional production in 2005.

Finally, much of the recent drop in inflation expectations is being driven by lower commodity prices, particularly oil.

The paper's authors apply a simple model of the world oil market to reach their conclusions, which are driven by the potential for the pipeline to increase global oil supply, thus lowering oil prices and increasing consumption.

Maduro's administration has pointedly claimed that the people who will be hurt most by the sanctions aimed at stymieing the nation's ballooning debt will be shareholders in the U.S. Indeed, there is outcry that the potential banning of oil imports from Venezuela — the 3rd biggest supplier of oil to the U.S. behind Canada and Saudi Arabia — will dramatically drive up gasoline prices and hurt the U.S. job market.

Crude oil price volatility rose significantly, driven by the desire of some large producing countries to capture greater market share by driving prices down sharply.

This is despite the efficiency gains have been realized for in situ oil sands operations and bitumen upgrading facilities, driven in part by Alberta's Specified Gas Emitters Regulation.

Over the next few decades, Canada's carbon emissions will be driven by the sharp growth in bitumen production from Alberta's oil sands.

The 104 - page OPEC report finds that there will be greater demand for the group's oil in 2016, with customers consuming an average of 31.65 million barrels a day throughout the year because the market will be «supply - driven» as competitors, beset by low prices, continue to cut back severely on capital expenditures ranging from exploration to new drilling.

Furthermore, efforts at oil giant Royal Dutch Shell RDS.A, +0.62 % to move beyond fossil fuels into low - carbon energy is as much driven by the growth potential of alternative energy markets as a concern for global warming.

Driven by a debt binge by the E&P space, which was enabled by the central bank policy, the U.S. oil industry was able to achieve record oil production.

Indeed, domestic oil production — driven by shale extraction — rose to an all - time high of 10.59 million barrels per day (bpd) last week, the Energy Information Administration (EIA) said.

What we have now is a particular Russian crisis driven by sanctions and the structural disproportion of the economy toward oil and gas.

Excluding oil, the domestic component increased by around 1 per cent in the June quarter, driven by rises in utilities and metal ore prices, while the non-oil-related prices of imported inputs rose by a similar amount.

First, almost 10 % of the Canadian economy is driven by energy, so even the slightest setback in oil prices will have a fairly significant effect on the economy.

This recession was driven by the collapse in oil prices and the extremely negative knock - on effects that had on the energy, materials and industrial complexes.

Lower oil prices are also driving cost deflation across the broader commodity complex,» Goldman strategists led by Christian Mueller - Glissmann said in a research note.

Oil prices fell on Friday as investors cashed out big weekly profits after a rally driven by disruptions to crude supplies and Wall Street's gains from U.S. economic data.

Analysts earlier this year were expecting the earnings headwinds of falling oil prices and a stronger U.S. dollar to diminish, driving better earnings - per - share growth in the U.S. by the end of 2016.

For another example, if a large speculator who was very bearish on oil aggressively short - sold the December - 2016 oil contract, driving its price down from $ 64 to $ 60, it would create an opportunity for other traders to lock - in a profit by selling physical oil and buying the December - 2016 futures with the aim of eventually replacing what they had sold by exercising the futures contracts.

Arguing that OPEC «has not failed at all» in its attempt to drive oil prices up, Oreshkin said that the price of oil is now much higher than it was this time last year, before the cartel and 11 non-OPEC producers led by Russia struck the initial output cut deal.

Oil is being driven down by fear and not reality as demand so far is exceptional.

And the increased business investment of 2017 seems to have been largely driven by higher oil prices, which revived the fracking trade after a pause.

For Caro, Johnson represents a shift that began under Franklin Roosevelt, toward a new populism in American politics, driven by a combination of emerging Texas oil and natural gas tycoons, billionaire government contractors, and the high - tech political campaigns they were able to fund.