Sentences with phrase «fuel oil prices»
Landlords spent 41.2 percent less on fuel, thanks to low fuel oil prices and a mild winter.
http://www.greaternycforchange.org/ Not exact matches
The recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.
LONDON, May 1 (Reuters)- The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week.
Wednesday: Boeing & Biogen Boeing: In the past, this company has been deemed a loser on suspicions that airlines won't upgrade their fleets for fuel efficient planes now that the price of oil is so low.
LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...
NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.
Fuelled by a tripling of oil prices during the last five years, Gulf Arab acquisitions of foreign companies have surged.
So policy makers focus on «core inflation,» which ignores changes in prices for fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, tobacco products and indirect taxes.
«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.
As jet fuel costs rise in accordance with oil prices — and already fuel has overtaken labour as airlines» biggest expense — air travel could risk becoming unaffordable for the average person.
So although the air travel industry faces two huge challenges — the rising price of oil, and the environmental impact of the roughly 1.5 billion barrels of jet fuel that the airline industry burns through each year — the solutions are likely to be all but invisible.
Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.
Between rising oil prices and ongoing concerns over climate change, there is growing pressure on the global shipping industry to cut its fuel consumption.
In theory, the move could also drive down oil prices, so businesses that rely on fossil fuels may see savings.
Low oil prices have also relaxed customers» need for new, fuel - efficient models.
The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.
Along with the sharp rise in crude oil prices since 2003, B.C. and Ontario added 7 % to 8 % to the price of fuel with the introduction of HST in those provinces in 2010.
Oil prices were higher in choppy trade on Wednesday, as a bigger - than - expected U.S. crude stock build pressured prices, but large draws of fuel stocks provided some support.
It also gradually phased out subsidies that kept retail fuel cheap, causing prices at the pump to climb by an average of nearly 25 % since 2014, even though global oil prices fell by as much as 75 % during that period.
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.
High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Servioil, said Tom Kloza, global head of energy analysis at Oil Price Information ServiOil Price Information Service.
The fossil fuel industries are making moves in Europe, with oil suppliers cutting supply to drive up prices again.
Rive argues that it should stay underground, that the oil majors look at the world through petroleum - coated lenses, and that the benefits of solar are so obvious that once the price becomes more competitive, fossil - fuel use will plunge.
Gary Kelly, Southwest Airlines chairman, president & CEO, breaks down his company's quarterly results and the impact of lower oil prices on jet fuel costs.
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.
His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of oil.»
Rising oil prices are driving fuel prices higher.
But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.
But the effects can still be significant: for a 300,000 barrel - per - day refinery that burns fuel oil for internal consumption, for example, a 50 percent drop in oil prices can translate into an annual cost benefit of $ 200 million.
«With oil nearing $ 100 per barrel and gasoline prices continuing to rise, consumers» consideration for fuel economy once again is taking top billing,» Ken Czubay, a Ford vice president, said in a statement accompanying the firm's sales figures Tuesday.
with carbon pricing and other measures, including eliminating coal - fired power plants, cutting methane emissions from the oil industry, and making cleaner fuels, Canada will still be 90 million tonnes shy of its international emissions targets set in 2015 under the Paris agreement
Oil prices slipped on Friday as the market refocused on a persistent fuel supply overhang that is not expected to abate.
Proposed carbon pricing legislation in the U.S. as well as low carbon fuel standards being adopted by California and other states could make many oil sands projects marginal or entirely uneconomic in future.
NEW YORK, April 20 Prices for heating oil and diesel fuel traded on the U.S. East Coast are scaling multimonth highs, bolstered by unusually cold weather across the country and a surge in export demand, particularly from Brazil and Canada.
As oil prices crossed the US$ 100 mark earlier this year, Canadian and American households began shifting to smaller, more fuel - efficient vehicles.
He called the notion that falling oil prices, rising home prices and stronger auto sales and manufacturing would fuel above - trend 2013 growth a «fairy tale.»
As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000 - barrel draw in U.S. crude oil inventories, the EIA added fuel to the celebratory mood.
As fuel is the greatest cost for each industry, the ETFs for shippers ($ SEA) and airliners ($ FAA) will also move based on the direction of oil prices.
Fueling that rally was an OPEC - inspired oil price rebound as well as three company - specific catalysts.
The current cyclical correction in oil prices might be challenging, but there's a far bigger shoe yet to drop on the country's oil - fueled dreams.
The price of burning oil will have to reflect the cost of emissions and not simply the expense of getting the fuel out of the ground.
Will it continue to lurch and sputter along with oil prices or will it eventually wean itself off the fuel?
For airlines it also affects things like average seat prices (eg Ryanair, which has large exposure to UK market but reports in euros), and fuel costs, as oil is priced in dollars.
The company is just starting to ramp up horizontal drilling in the region, which could fuel 20 % to 35 % annual production growth through 2020 depending on oil prices, boosting its Permian output to a range of 250,000 - 350,000 BOE / d.
The negative effects of lower oil prices hit the economy right away, and the various positives - more exports because of a stronger U.S. economy and a lower dollar, and more consumption spending as households spend less on fuel - will arrive only gradually, and are of uncertain size.
With petrol prices last week climbing over 140p for a litre of unleaded fuel for the first time ever (according to Experian Catalist) and the cost of diesel lingering around record highs, sentiment towards the oil companies has unsurprisingly started to fall again.
The other component here is that fuel prices have been way down due to the precipitous drop in oil prices.
Reuters News PE Hub — IPO (Canada) Higher oil prices and a positive earnings outlook for energy companies are expected to fuel a rebound in North American oil and gas initial public offerings in 2018, with bankers betting investors -LSB-...]
Of course, oil means energy, which means that higher oil costs will translate into higher prices for just about everything, not just at the fuel pump.
Being in the enviable position of having its debt completely paid, and with record prices for oil fueling government revenues, the province found itself in a unique position: namely, where should revenues be spent?