Sentences with phrase «in prices of oil»

«Nananom, because of prudent economic management, even though Ghana is experiencing a drop in prices of the oil that we export, we have sustained a drop in the price of our gold export for four to five years now, you notice that our economy still is resilient,» he told the chiefs and people of Akwamu.

In general, producer price pressures eased significantly in the June quarter, largely because of the fall in prices of oil and related products, and the generalised downward pressure on the prices of imported goods resulting from the exchange rate appreciation (Table 16).

The dramatic plunge in the prices of oil and industrial commodities as a result of slowing demand from China together with increased supply from the United States, decimated energy and materials companies» profits.

The recent improvement in the outlook for world growth and the recovery in the prices of oil, gold and base metals, three sectors that comprise almost half of total mining investment, have contributed to an improvement in the mining sector's perceptions of business conditions and expected profitability.

The parallels with the recent Canadian experience are obvious: the surge in the prices of oil and other commodities that began in 2002 has been accompanied by a fall in employment in the Canadian manufacturing sector.

Despite recent volatility in the price of oil, the CEO of BP believes the market is currently balanced and production is meeting demand on a daily basis.

«I do think it's inevitable, if the pound has a sustained fall against the euro that will have to be reflected in the price of oil, of wine, all kind of exciting liquids,» Gormley added.

Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.

For all the defiance, pressure on the Russian economy is slowly mounting under the combined influence of sanctions and, more importantly in the short term, the sharp drop in the price of oil, its main export.

Given that the economic benefits of the pipelines are, for the most part, due to an induced increase in the price of oil, the lion's share of these accrue to the Alberta government and to firms operating in Alberta.

Economists are now fretting over daily swings in the price of oil, which recently surged to more than US$ 105 per barrel — its highest level in more than two - and - a-half years.

The steep drop in the price of oil in the last month has become a major concern for traders.

Continued weakness in the price of oil seems likely, as signaled by OPEC's failure in December to agree on a production ceiling.

But the advances proved unsustainable, particularly given steep declines in the price of oil, Venezuela's most lucrative export.

«I keep highlighting the bizarrely bullish ways that stocks are trading and sometimes they're totally in your face, like this simultaneous move in the price of oil and the airline stocks.»

Foreign exchange has been an area of some concern for Saudi in recent months as the crash in the price of oil forced the country to expend its FX reserves to levels not seen in over three years, and draining the country's economy.

This could mean that the gap in the price of oil between two markets may rise to 0.4 percent rather than 0.3 percent before arbitragers whittle it down again.

Given how important oil has been to the Canadian economy in recent years it shouldn't come as a huge shock that the loonie is heavily correlated with the decline in the price of oil.

But Keystone XL would wipe out the U.S. trade surplus, and a hike in the price of oil to $ 75 or $ 80 a barrel would suddenly turn it to deficit.

Weakness in the price of oil hurt the stock's price in 2015, but Forbes has predicted a bright future for the company.

Any economic and fiscal update would have to take into account the worsening global economy, the decline in the price of oil (to below $ 40 a barrel) compared to the assumption in the budget, and the restoration of the contingency reserve to its normal level of $ 3 billion.

Likewise, a fall in the price of oil would be bullish if it was due to an increase in supply, and bearish if due to a fall in demand.

Up until now the banks and financial firms have been able to hold off marking to market in hopes of a recovery in the price of oil.

Now, aside from the usual nonsense in the Middle East, we have specific hot spots which should see the risk premium in the price of oil rise over the next few months.

Alberta's oil sands growth has slowed with the decline in the price of oil and there was stiff environmental opposition in the French - speaking province of Quebec.

Stocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil.

The rise in the price of oil which occurred during 1999 is pushing up the CPI, and changes in indirect tax rates during the second half of 1999 will affect the statistics during the December quarter.

A greater problem appears to be a broader commodity correction that occurred at the same time as the drop in the price of oil.

While some of the rise in inflation over the past year or so reflects increases in the price of oil and tax - related increases in the cost of insurance, house purchase and cigarettes and tobacco, the pick - up in inflation has been quite broadly based (Table 12).

In addition, a widely used measure of future inflation based on US Treasury Inflation - Protected Securities, which had mirrored the slump in the price of oil and had fallen to its lowest level since the global financial crisis by early February, rebounded in line with the pickup in oil prices.

The collapse in the price of oil is a challenge to the old world order.

Overall effect of the decline in oil prices will be a positive driver in aggregate demand in the U.S., even though the decline in price of oil had negatively affected investment in equipment and structure needed for shale oil production, which had «become an important component of aggregate U.S. investment»

We also anticipated gains on the demand side from a 50 % drop in the price of oil and less fiscal austerity from the likes of Japan, Europe, China and India.

Examples he cites include the U.S. falling off the fiscal cliff, economic stress in Europe, or upturns in the price of oil.

A temporary drop in the price of oil doesn't make oil any less desirable a commodity in the long run.

This caused a steep rise in the price of oil which accompanied a steep rise in the Canadian and Australian dollars (the graphs are very similar.)

In order to achieve greater stability in the price of oil, Mr Brown called for greater investment in the UK in renewable energy and to allow further investment in oil sectors in major oil producers.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

Does this government still intend to go ahead with its feeding programme in schools and payment of stipends to vulnerable Nigerians despite the heavy fall in the price of oil?

The recent doubling in the price of oil suggests that energy may cost far more than we assume at the time of a purchase.

The energy exporter has been hit hard by the fall in the price of oil and sanctions imposed after conflicts over Crimea and Eastern Ukraine.

Frequently, it seems only an external catalyst (federal civil - rights enforcement, international fluctuations in the price of oil, or floodwaters) can spur new approaches to the social and economic challenges that have long faced New Orleans.

Phase 4: Stagflation phase: GDP growth slows but inflation remains high (side note: most bear markets are preceded by a 100 % + increase in the price of oil which drives inflation up and causes central banks to tighten).

1 time EVENT driven shocks lead to a sudden spike in the price of oil.

Do refiners and E&P companies benefit similarly from a rise in the price of oil?

Part of the reason B.C. is doing so much better than the rest of Canada is because its economy isn't vulnerable to changes in the price of oil, Yu said.

The drop in the price of oil, in addition to other commodities, has boosted fears of a slowing global economy.

As I have commented before, I think the run - up in the price of oil is fundamental, not manipulation.

If we get a significant updraft in the price of oil, and Saudi production policy has not changed, you might want to sell crude oil price - sensitive assets.

(XOM's case a decrease in the price of oil).