Sentences with phrase «increase global oil supply»

The paper's authors apply a simple model of the world oil market to reach their conclusions, which are driven by the potential for the pipeline to increase global oil supply, thus lowering oil prices and increasing consumption.

Not exact matches

If Iran and the United States finalize an agreement on the latter's nuclear enrichment program and lift an embargo against Iranian oil, we would see another increase in global supply.

A report from CIBC World Markets recently predicted the stock market might fall 10 % — 15 % this summer due to a confluence of factors, including a weak U.S. housing market, increasing fiscal strain, expensive oil prices, sluggish corporate earnings growth and disruptions in global supply chains stemming from the Japanese crisis.

On Thursday, the International Energy Agency (IEA) said global oil supply increased in February by 700,000 barrels per day (bpd) from a year ago to 97.9 million barrels per day.

Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).

While there's currently no doubt that U.S. shale supply is set to increase, the pace at which it will grow will determine how much oil it would add to global supply.

That lower baseline energy demand as well as marginal increases in supplies has led to lower global oil and gas prices and more competitive pressure on the uranium space.

But overall, the IEA said Thursday, global oil supply in June rose by 720,000 barrels a day to 97.46 million a day, boosted by increased output from OPEC and non-OPEC producers such as the U.S.

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.

Oil in Global Economy Series: Tight supplies amid higher demand pushes Saudi to increase oil price for Asian customOil in Global Economy Series: Tight supplies amid higher demand pushes Saudi to increase oil price for Asian customoil price for Asian customers

U.S. domestic production is increasing, as is the geographic diversity of global oil supply, and environmental pressures are encouraging greater efficiency and adoption of substitute technologies.

The result is that the global oil supply has been increasing.

According to a report by OPEC earlier this year, the increase in non-OPEC supply last year was more than twice that of global oil demand growth.

An IEA collective action would be initiated in response to a significant global oil supply disruption and would involve IEA Member Countries making additional volumes of crude and / or product available to the global market (either through increasing supply or reducing demand), with each country's share based on national consumption as part of the IEA total oil consumption.

The U.S. Energy Information Administration (EIA) attributed crude prices, in part, with growth in global supply — due in no small part to increases in U.S. oil production.

IEA releases Oil Market Report for May Increases by Iran, Iraq and UAE help offset non-OPEC output decline to lift global supply 12 May 2016

November Oil Market Report forecasts slower growth in 4th - quarter global demand Supply increased in October, IEA short - term outlook finds 13 November 2012

It indicates how rising prosperity is driving an increase in global energy demand and how that demand may be met over the coming decades through a diverse range of supplies including oil, natural gas, coal, and renewable energy.

Indeed, the dramatic increase in U.S. oil production is the key addition to global supply that's putting downward pressure on the cost of crude, the No. 1 factor in pump prices.

â $ œI believe that although there may be a number of factors with regard to oil, the predominant factor by far is supply and demand, is the fact that global production and capacity hasnâ $ ™ t increased appreciably over the last 10 years and the demand has continued to grow and inventories are at low levels, â $?

Just as diversity through electricity was the key to America's industrial sector being able to increase productivity without increasing oil consumption, so too is it one of two keys (the other being diversity through biofuel) to fueling the growing number of vehicles expected on global highways without adding to the strain on global oil supplies and without everyone choking on their own exhaust.

Our meeting has been held at a time of higher and volatile oil prices, continuing increases in global oil demand, localised supply problems for some forms of energy, concern about long term security of supply and increasing attention to the environmental impact from energy use.

The State Department failed to account for the potential emissions from the increase in the global supply of oil, said study co-author Peter Erickson, a...