Sentences with phrase «global oil markets»

Reducing the cost of advanced energy technologies is the key to finally ending a dependence on volatile global oil markets that holds the American economy hostage, compromises our foreign policy, and bleeds more than a billion dollars a day out of the US economy.

Tags BP, BP Energy Outlook, bp world energy outlook, China, gas, global energy demand, global energy markets, global oil markets, India, LNG, oil, World Energy Outlook

With global oil markets currently heavily oversupplied and US shale looking likely to take the position of swing producer in the short term, does the US or world really need more oil?

It's very difficult to see a future in which the U.S. is the marginal supply in global oil markets.

That product breadth has been deliberately engineered in response to a few factors: (1) the growing sophistication of trading strategies that require more flexibility, (2) an increased focus on cost efficiencies associated with clearing, prompting the expansion of cleared products, and (3) the need for greater access to the global oil markets.

«Ongoing trends in global oil markets appear to be pointing to continued improvement in the security of U.S. oil supply.

Thankfully that danger has been averted but any sincere analyst will have to direct our gratitude towards global oil markets for lifting prices to around $ 65 per barrel and the militants in the Niger - Delta for not sabotaging oil production since 2017!

Given the reality of the underlying structure of this economic recovery, risks remain around global oil markets; security and political reconciliation in the Niger - Delta; policy; and of course the political transition.

If the trial run is successful, reports Bloomberg, «it will be a step change in America's capacity to export the burgeoning production that's roiled global oil markets.»

Mueller - Glissmann and colleagues forecast that «balance» would return to global oil markets by 2016 and they upgraded their 12 - month view of the commodity sector to «overweight» from «neutral».

With global oil markets now largely rebalanced these risks have become more acute.

As more pipelines are built to take oil to a coast, North American prices will continue to merge with global oil markets.

Three years ago, it would have told you that global oil markets were at record tightness.

While the re-balancing of global oil markets is progressing, record - high crude and gasoline inventories continue to put downward pressure on prices.

In addition to the negative repercussions of hurricane Harvey, which heavily impacted the Gulf of Mexico oil and gas production and petrochemical plants, global oil markets are facing disruptions from the Middle East.

Despite OPEC's failure to agree on a production cap, global oil markets are rebalancing faster than expected.

Nitesh Shah, commodities strategist at ETF Securities, discusses OPEC and the U.S.» contribution to global oil markets.

That has the potential to unbalance global oil markets.

Realities such as these have made it difficult to apply game theory to the global oil market.

Long gone are the days when Saudi Arabia acted as the so - called «swing producer» in the global oil market, when it would increase or decrease production to keep prices stable and profits high.

US sanctions against Iran made Saudi Arabian oil more valuable, and allowed the Kingdom to increase its share of the global oil market.

Gay said, noting that Iran's increasing control over the global oil market could be a weapon against Saudi Arabia.

CNBC's Jackie Deangelis reports on third - quarter earnings for oil giants Exxon Mobil, Chevron and ConocoPhillips and what they mean for the global oil market.

The project, still under construction, will be one of the first links between massive American gas reserves and the global oil market.

Its main objective is to control the global oil market, and to keep prices high.

No, we are talking about the global oil market rebalancing.

Day trading any security is a risky venture, but any related to the global oil market are particularly volatile due to the myriad of factors at play.

Iran will soon start supplying more oil to an already oversupplied global oil market, and the likelihood that oil prices will recover in the short tem is very low.

Aramco's vision is to establish faster and cheaper transactions, integrity, transparency and overall upgrade the way we interact with the global oil market using blockchain technology.

The optimistic longer - term projections that have been issued by the three main reporting agencies as well as from most Wall Street analysts are looking more and more like they may be off the mark as the current fundamentals are in no way suggesting the global oil market is already in a rebalancing pattern.

«Oil demand has also failed to improve at the speed required to rebalance the global oil market,» the bank wrote.

Russia is considering a wide range of scenarios on what to do with a multilateral effort to balance the global oil market, its energy minister said.

He said the market intervention is intended only to «nudge along» the re-balancing of an oversupplied global oil market.

Iran plans to increase production to 4 million barrels a day, an increase of 33 percent over February's output, before it will join other suppliers in seeking to balance the global oil market.

That would come as bad news to a global oil market that is already seeing suddenly weak demand.

The global oil market, however, is -LSB-...]

President Rafael Correa said over the weekend he would like to see OPEC members agree on a deal to stabilize the global oil market.

«With greater confidence that the global oil market can finally shift into deficit later next year, we now believe that there is a strong rationale for low - cost producers to deliver a swift production cut to normalize inventories,» Goldman analysts wrote in a research note this week.

Also, Saudi - Arabia has a lot of control over the global oil market, which gives them quite a lot of leverage against the international community.

Nigeria has reaffirmed its commitment to continue working with other players for the stability of the global oil market.

Even if U.S. energy policy goes «drill baby drill,» there will be no escape from the vicissitudes of the global oil market

In the uncertain, often volatile global oil market, it is difficult to predict long - term fuel costs and, more specifically, costs at the time of the trip.

In short, there's nothing a president can do to immediately significantly alter the price of gasoline, since it is first and foremost determined by the global oil market (that's why domestic drilling has a relatively minor impact).

He has a relevant post earlier this week titled «The Global Oil Market Isn't Going Away.»

I've written about how development of Advanced Biofuels would help our National Security by giving consumers an option to separate from the global oil market.

Global oil supply to lag demand after 2020 unless new investments are approved soon New five - year market forecast points to a tight global oil market, with spare production capacity in 2022 falling to its lowest share since 2008 6 March 2017

And anyone who understands the global oil market knows oil is fungible, with prices and supply controlled by the global market, and that the pipeline would not change that reality (for instance, while we imported over 9 MBPD of oil in 2015, we exported nearly 5 MBPD of oil and refined products).

Refinery advantage: the US shale revolution boosted crude production to a record 10.5 million barrels per day, upending the global oil market by adding millions of barrels of very light crude to the supply mix.

U.S. production growth, the main factor counterbalancing the supply disruptions on the global oil market, has contributed to a decrease in crude oil price volatility since 2011.

U.S. dependence on the global oil market raises national security concerns because oil price volatility has an impact on the economy.