Sentences with phrase «global oil exporters»

China is becoming a key market for global oil exporters as surging output from shale fields from Texas to North Dakota allows the U.S., the biggest crude consumer, to rely less on overseas supplies.

Not exact matches

The problem with this argument is that what is good for oil producers and exporters is inversely bad for major oil consumers and importers like the United States, Europe, and China in this zero sum game of global energy markets.

That has forced OPEC and other exporters to band together to cut output in a bid to shrink global oil stockpiles.

Countries in the tropics are among the largest global exporters of key agricultural commodities such as oil palm, rice, soybean, sugarcane and cassava.

After the precipitous fall in global oil prices, even the world's biggest petroleum exporter is now forced to reduce its reliance on fossil fuels.

The increase comes in large part from new offshore developments, including deepwater drilling, and helps restore Mexico's position as a major global oil producer and exporter.

Since political volatility racks many of the world's largest oil exporters — Nigeria, Venezuela, Libya, Iran, Iraq, Sudan, etc — it plays a very real factor in influencing both global supply and the risk premium of the oil coming out of the region.

The U.S. has become a net exporter of natural gas, further evidence of the how the domestic oil and gas boom is reshaping the global energy business.