Sentences with phrase «in oil exporting countries»

Q2 «Is the domestic sale of fossil fuel products in oil exporting countries at the cost of production but below international market prices a subsidy for fossil fuels, like the IMF authors assume?»

In particular in oil exporting countries.

Not exact matches

Fresh sanctions on Iran could result in a reduction of the country's oil exports, which would strain global supplies even more, especially given the discipline of the Organization of the Petroleum Exporting Countries (OPEC) and their partners in sticking to an agreement to limit output.

«The good news is that the regional growth is improving for both oil - importing and oil - exporting, yet the region is not fully benefiting from the improvement in the global outlook and this requires countries in the region to pursue the reform agenda,» he said.

Oil - importing countries in the Middle East and Central Asia region are to beat their oil - exporting counterparts in the growth stakes in coming years, according to the International Monetary Fund (IMF) in its latest regional outloOil - importing countries in the Middle East and Central Asia region are to beat their oil - exporting counterparts in the growth stakes in coming years, according to the International Monetary Fund (IMF) in its latest regional outlooil - exporting counterparts in the growth stakes in coming years, according to the International Monetary Fund (IMF) in its latest regional outlook.

«Oil - exporting countries bottomed out in 2017 when growth was 1.7 percent, but this year it's expected to be 2.8 percent.

That logic is another reason why OPEC countries have less of an incentive to cut back production: renewable energy sources is starting to give fossil fuels some serious competition, and oil - exporting countries have an interest in keeping oil a cheap alternative.

Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister from power.

Disruptions in Venezuela's oil industry can have outsize impact on the country, as oil brings in about 95 % of its export revenue, which has been used to purchase imports like food and medicine as domestic production dries up.

In a country that depends overwhelmingly on oil exports for hard currency, Dos Santos had made fortunes in mobile telecoms and supermarkets, benefiting — her critics say — from family connections, before being appointed head of Sonangol in 201In a country that depends overwhelmingly on oil exports for hard currency, Dos Santos had made fortunes in mobile telecoms and supermarkets, benefiting — her critics say — from family connections, before being appointed head of Sonangol in 201in mobile telecoms and supermarkets, benefiting — her critics say — from family connections, before being appointed head of Sonangol in 201in 2016.

Depending on mining, forestry, and oil and gas leaves the country vulnerable to swings in commodity prices and the health of our export partners.

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.

To answer a few of your questions, exporting bitumen from Canada's west coast will not make the country any stronger, only the Texas oil company a little richer, and the earth much more in peril.

In general, a weaker U.S. dollar tends to help emerging markets, particularly oil - exporting countries.

Published in the June 2008 issue of The Gulf, a weekly business news magazine published in Bahrain, and in Counterpunch Every week Mid Eastern countries acquire more dollars in payment for their oil and other exports, and also for rising U.S. investment in their stock markets and other property.

In 2016, of all the countries in the world, the U.S. exported the highest value of refined oil, earning more than US$ 64 billioIn 2016, of all the countries in the world, the U.S. exported the highest value of refined oil, earning more than US$ 64 billioin the world, the U.S. exported the highest value of refined oil, earning more than US$ 64 billion.

In addition, Canada is an oil - surplus country, exporting more than 60 percent of the oil produced domestically, with a substantial amount transported to the United States and the rest to Europe and Asia.

The United States is the largest market for Canadian crude, with the neighbouring country purchasing almost 99 percent of the total crude oil exported from Canada in 2016 and the five - year average ranging between 97 - 99 percent.

Oil exporters are likely to be hit the hardest, with the IMF pointing out that, relative to the 2004 - 2008 period, GDP growth in the average oil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digiOil exporters are likely to be hit the hardest, with the IMF pointing out that, relative to the 2004 - 2008 period, GDP growth in the average oil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digioil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digits.

Newspapers across the country have highlighted layoffs, delays in new projects, and provincial budget deficits as oil sands producers and liquefied natural gas (LNG) export proponents cut costs to...

Finally, 98 % of Canada's oil exports go the the United States, a country which has significantly ramped up oil production recently — and will only continue to do so in the future.

In recent times Venezuela as a sovereign country has been involved in sociopolitical problems and with a high volatility in its prices of raw material exports such as oil, because of the low prices.In recent times Venezuela as a sovereign country has been involved in sociopolitical problems and with a high volatility in its prices of raw material exports such as oil, because of the low prices.in sociopolitical problems and with a high volatility in its prices of raw material exports such as oil, because of the low prices.in its prices of raw material exports such as oil, because of the low prices...

If Canada wants to benefit from Asia's development and growth, and remain a relevant and important energy partner in Asia, we must «think big» about exporting to multiple countries within the Asia Pacific, and «think beyond» oil and natural gas to include all of Canada's energy related assets, particularly the renewable and clean technologies that will help Asia mitigate its own climate - change challenges.

As a G - 20 nation and the only OPEC country in Asia - Pacific, Indonesia exported $ 6.4 billion of petroleum last year, but it will ride out the oil price crisis practically unscathed.

The Treasury Department says a group of 15 «oil - exporting» nations including Saudi Arabia held a total of $ 281 billion in Treasuries in February, deposited either in the United States or in one of the 15 countries.

A surge in intraregional mergers and acquisitions and a pickup in Islamic debt, or sukuk, issuance contributed to a 19 % rise in investment banking fees in the Middle East last year, as oil - producing countries in the Gulf funneled some of their export earnings into the purchase of companies in neighboring countries.

«The overall environment remains favorable, supported primarily by the improved credit profiles of issuers in oil - exporting countries and their wish to take advantage of the current deep pool of liquidity to lock in medium - term financing.»

And in the present situation of stagflation, their policy interests are directed toward their relations with the newly rich oil - exporting countries and with one another.

The Philippines exports calories in the form of sugar and coconut oil every day, while half of the country's children are malnourished.

We have: • normalized the domestic yield curve • issued the country's maiden 15 - year bond in April 2017 • improved external balances, driven by higher export earnings and lower imports • improved gross international reserves to US$ 7.2 billion, equivalent to 4.1 months of imports cover • improved primarybalanceto0.3 percent surplus in September 2017 against a deficit of 1.6 percent in September 2016 • received positive sovereign rating reviews from international ratings Agencies: Fitch, B / stable; Standard & Poor, B - / positive • successfully completed the 4th IMF / ECF program review, and • achieved positive developments in the oil & gas sector — favorable ITLOS ruling, and Sankofa producing 1st oil three months ahead of schedule.

The consortium of experts was able to track the global movements of the country's hydro - carbons including crude oil and gas with the main purposes of identifying the companies engaged in the practices that led to missing revenues from crude oil and gas exports sales to different parts of the world.

This is projected to hit N3 trillion ($ 15 billion) due to heavy infrastructure spending at a time when the slump in global oil prices has slashed the country's export revenues.

This industrialisation, he indicated, would go hand - in - hand with improving the productivity of agriculture, spurred on by the production and marketing of additional cash crops such as cotton, coffee, oil palm, cashew and maize, which will boost export earnings for the country.

Giving a breakdown of Nigeria's crude oil earnings in nine - month 2015, the NBS data revealed that the country earned N1.675 trillion from crude oil export in the first quarter of 2015, N1.984 trillion and N1.611 trillion in the second and third quarters respectively.

Recent data released by the National Bureau of Statistics, NBS, had showed that a sharp decline was recorded in revenue accruable to the Federal Government from the petroleum sector, as the country's earnings from crude oil export dropped to N5.271 trillion for the nine month period, January to September 2015.

This was in contrast to crude oil export earnings of N3.234 trillion, N3.269 trillion and N3.149 trillion for the first, second and third quarters respectively, while in the fourth quarter of 2014, the country earned N2.239 trillion from the export of the commodity in the fourth quarter of 2015.

«The sharp decline in oil prices represents a formidable shock on the oil exporting countries of sub-Saharan Africa, especially in view of their strong reliance on oil receipts for fiscal and external revenues,» an IMF spokeswoman said in a statement.

The two sub-saharan African countries are the latest in what may become a long line of oil - exporting countries to seek financial assistance to help stem growing deficits as falling crude prices crush revenues.

According to President Akufo - Addo, as a relatively new entrant in the league of oil - producing countries, Ghana is not going to treat her oil like she has done with gold, and allow it to be exported in its raw material form as crude.

Dangote, whose cement unit is Nigeria's biggest listed company, has been investing in agriculture as the country's government seeks to diversify away from oil, which accounts for 90 percent of the nation's export earnings and the bulk of revenue.

Reform of energy subsidies in oil - exporting countries can reduce carbon emissions and add years to oil exports, according to a new paper from Rice University's Baker Institute for Public Policy.

The largest emissions savings would be in oil and gas exporting countries, where fewer poor people would be affected, and subsidy removal can be aided by currently low oil prices.

Between 2000 and 2014, the export of crude oil brought in about $ 200 billion into the country.

And if we pass a bill in the Senate, reconcile it with the House, that says we are going to invest in wind energy and solar energy and we're going to be the guys who are producing wind turbines, and we're going to be the folks who are producing solar panels on rooftops, and we're going to be the country that is retrofitting all its homes and businesses so that we are 30 percent more energy - efficient than we are right now, that produces jobs that can't be exported; it reduces our dependence on foreign oil; it is good economics; it will increase our exports — oh, and by the way, it also solves the climate problem.

Well, with the global oil exporting countries on track to consuming all the oil they produce by 2025 - 2030 the rest of the world will be back in the dark ages well before we get an ice - free Arctic.

This would serve multiple purposes, of (a) weaning us from dependence on foreign oil and simultaneously depleting terror - exporting countries of their revenue stream, (b) reducing other pollutants besides CO2, (c) encouraging a more gradual and less economically disastrous transition from an economony based on a finite resource, (d) slow global warming, (e) move us in the direction of a VAT tax rather than an income tax (actually, personally I don't think e is such a great thing, but as many conversative groups favor it, I don't see why they would oppose a revenue - neutral tax on fossil fuels.

This is particularly critical for oil importing countries that will be cut off from oil exports at about twice the rate of the global decline in available transport fuels.

The emissions from our exports of coal, gas and oil are counted in the country where they burned.

For countries in the Organization for Economic Cooperation and Development (OECD), apparent consumption is derived from refined product output plus refined product imports minus refined product exports plus refined product stock changes plus other oil consumption (such as direct use of crude oil).

Even some oil - exporting countries are investing in solar.