Sentences with phrase «global oil markets shift»

Not exact matches

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

In tandem, the era of high oil prices prompted an increase in saving among oil producers... Using the increase in emerging markets» current account surplus as a guide suggests the desired saving schedule has shifted to the right by 1pp as a result of the EM saving glut, which lowers the global real rate by round 25bps.

«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.

In addition to market challenges, however, oil companies face something they've never dealt with before: A global call to shift the world's economies to renewable and low - carbon energy.

The big global energy companies, like Exxon and BP, are perfectly capable of shifting their focus from oil to gas and if the market gets large enough, to renewables.