Sentences with phrase «in crude oil prices»

The energy sector fell 1.1 percent on the back of a more than 1 percent drop in crude oil prices as the dollar remained near a four - month high.

With the fall in crude oil prices, government revenues have fallen, leading to a sharp decline in foreign reserves.

A year later, how are Canadian oil and gas companies responding to the collapse in crude oil prices?

Oil and gas extraction showed the biggest drop in all sectors as it declined for the fourth consecutive quarter due to the drop in crude oil price.

The recent decline in gasoline prices largely reflects changes in crude oil prices.

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.

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.

Following the sharpest decline in crude oil prices in at least a century, as well as a six - year bear market in metals, the global environment could be ripe for a commodity rebound.

While the dive in oil prices has been a major drag on financial markets, the 55 percent slide in crude oil prices since June is good news for some.

The large volume of restarts led to a spike in crude oil prices on Tuesday, with WTI up more than 3 percent.

Incidentally, the government and the RBI are reasonably comfortable with the country's Current Account Deficit (CAD) situation, following the big slide in crude oil prices recently.

While these increases broadly coincided with the run - up in crude oil prices, the Task Force's preliminary analysis to date does not support the proposition that speculative activity has systematically driven changes in oil prices.

This has been reinforced by the recent depreciation of the Australian dollar, such that the combined effect has been an increase in crude oil prices in Australian dollar terms of around 70 per cent over the past year.

Digging deeper, as the scorching - hot FANG stocks — Facebook, Amazon, Netflix and Google — have headed toward correction territory this month, energy producers have stepped up and largely filled the void, aided by a surge in crude oil prices.

Oil producers continued bolstering production activity despite the recent week of volatility in crude oil prices.

On what the driving force behind the rally in crude oil prices has been recently, Pickens said, «Now you are approaching 2 million barrels a day year - over-year on increase in demand.

Despite the dips in crude oil prices on Monday, overall markets remain well supported by strong demand, especially in Asia, and Brent prices are up by 20 percent from their 2018 lows in February.

World stock markets skidded further Wednesday as fresh declines in crude oil prices stoked fears for the health of the global economy.

It's been a lousy year for the resource tycoon, with key assets caught up in the crude oil price swoon.

CNBC's Jackie DeAngelis is at the NYMEX reporting the latest in crude oil prices, and what can impact gas inventories.

There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.

Energy stocks led the gainers, aided by a pickup in crude oil prices.

The leap is not all explicable by the 36 per cent jump in crude oil prices in the interim, nor by the significant improvements on costs and break - even levels made under chief executive Kevin Gallagher.

Depressed earnings at oil companies should benefit from a rebound in crude oil prices, while slightly higher interest rates can have a positive impact on bank earnings.

Teekay Tankers was primarily negatively affected by the severe drop in crude oil prices sending tanker rates to the lowest levels in more than three years, as well as some temporary oil production outages in markets the company's tankers serve.

PetroChina, one of the largest companies of its kind in China, says it's concerned by the longevity of the slump in crude oil prices.

The biggest loser has been ExxonMobil (NYSE: XOM), which has had to deal with renewed concerns about whether the energy markets can keep clawing back more of the ground that they lost during the plunge in crude oil prices in 2015.

Apparently, that is also why the Chairman of Zinox Group, Mr Leo - Stan Ekeh believes that if President Muhammadu Buhari makes structured investment in ICT, he could be building a stronger Nigerian economy that may not feel the effect of any downward slope in crude oil price in future.

The Federal Government on Sunday decried the decline in crude oil prices across the globe, noting that it is already putting in place stricter measures to...

Some Oil Marketing Companies (OMCs) have begun reviewing prices of their petroleum products following recent hikes in crude oil prices on the international market.

«The massive influx into the APC in the South - East is also a testimony that our people are happy with the transparency exhibited by the current APC led Federal Government in managing the lean resources accruing to the country today as a result of the crash in crude oil prices.

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.

Ostensibly, the fuel tax hike will be offset by the recent pullback in crude oil prices, resulting in minimal increases in pump prices in the near term.

The fall in crude oil prices in the March quarter played an important role in this outcome.

The average price for a gallon of unleaded regular shot up 13 cents in just three days last week in response to a spike in crude oil prices on the global market.

The pump savings are a direct result of the 70 per cent collapse in crude oil prices since mid-2014.

Despite the ongoing rise in crude oil prices and the overall concerns of a weaker economy, the Dow Jones Transportation Average hit new all - time highs today.

The drop in inflation expectations has occurred at the same time as a resumption of the dollar's rally and a stalling in the run - up in crude oil prices.

The rise in petrol prices reflects the worldwide increase in crude oil prices since March, which reverses the decline in oil prices that had acted to reduce the CPI in earlier quarters (see Box D).

Investors have shown concern over a variety of issues with Tesla, including increased expenses and R&D costs as well as disappointing sales, with Musk recently warning that the ongoing slide in crude oil prices would likely continue to hurt electric car sales.

It was a bullish day for commodities on Wednesday led by a surge in crude oil prices.

This weeks weakness is due to a rally in crude oil prices, a pickup in government bond yields as inflation rises and geo - political uneasiness around the globe.

Domestically, he moved forward on introducing land and labour reforms, and with the drop in crude oil prices, he has been able to reduce fuel subsidies.

For one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exports.