Sentences with phrase «increase in oil prices in»

A 15 percent year - on - year increase in oil prices in FY19 is likely to raise state oil tax revenues by 0.13 percent of GDP, HSBC estimates.

An increase in oil prices in April should help drive refinery sales even higher when results from that month are released.

The recent increase in oil prices in 2015 corresponds to weakening of the dollar that may reflect disappointingly weak first quarter 2015 U.S. GDP growth.

Not exact matches

Oil prices might have bottomed as output in the United States and other non-OPEC producers is beginning to fall quickly and an increase in supply from Iran has been less than dramatic, the International Energy Agency said on Friday.

The incident might result in restrictions on using rail to transport oil, which could increase the price discount for Canadian crude.

In fact, with oil prices increasing only with inflation from $ 18 / bbl in 2000, the NEB expected total oilsands production to reach 1.6 million barrels per day by 201In fact, with oil prices increasing only with inflation from $ 18 / bbl in 2000, the NEB expected total oilsands production to reach 1.6 million barrels per day by 201in 2000, the NEB expected total oilsands production to reach 1.6 million barrels per day by 2015.

«The business model of an oil and gas company in the future is going to have to be built around the abundance model, where your returns are not going to be made by commodity price increases,» says Munro.

Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20Oil companies have slashed spending, scrapped new projects, slashed tens of thousands of jobs, renegotiated supply contracts and increased borrowing in order to weather the more than halving of oil prices since June 20oil prices since June 2014.

That could increase the likelihood of Saudi stocks moving in tandem with oil prices — despite the kingdom's long - term goal to try to diversify its economy away from oil.

A Royal Bank of Canada report released in early January even suggested that the benefit of a low dollar for exporters, coupled with an upswing in the U.S. economy and increased consumer spending in Canada, could offset the economic hit of low oil prices.

The deal, when announced last autumn, was predicated on a recovery in the oil price to $ 60 per barrel by 2019, an increase that now seems less likely with a glut of crude still circling the globe and keeping prices below $ 50.

Oil prices were steady on Thursday following a larger - than - expected increase in U.S. crude inventories: U.S. crude futures were higher by 0.04 percent at $ 67.96 per barrel and Brent crude futures for July delivery were flat at $ 73.36.

Oil's price also has been firming as Houthi rebels in Yemen have increased a campaign of firing missiles into Saudi Arabia, both at oil facilities and civilian areas, but those efforts have so far failOil's price also has been firming as Houthi rebels in Yemen have increased a campaign of firing missiles into Saudi Arabia, both at oil facilities and civilian areas, but those efforts have so far failoil facilities and civilian areas, but those efforts have so far failed.

In the commodities space, oil prices are headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, according to Reuters, after the news of a sharp drop in Chinese manufacturing increased worries over the health of the world's biggest energy consumeIn the commodities space, oil prices are headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, according to Reuters, after the news of a sharp drop in Chinese manufacturing increased worries over the health of the world's biggest energy consumein Chinese manufacturing increased worries over the health of the world's biggest energy consumer.

Long gone are the days when Saudi Arabia acted as the so - called «swing producer» in the global oil market, when it would increase or decrease production to keep prices stable and profits high.

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.

The price of a barrel of oil, using the WTI benchmark, rose from $ 29.70 to $ 76.32 from mid-2000 to mid-2010, an increase of 157 % in only 10 years.

SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

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.

The February 2016 map shows a big increase in unemployment in shale - heavy regions, reflecting the prior year of falling oil prices.

And, unlike the government, the market is not predicting a substantial increase in oil prices — though there is no guarantee they are accurately predicting the future either.

Furthermore, it is relatively easy to come up with plausible scenarios where oil prices stay flat or even fall, usually involving some combination of a slowdown in China's economy and state - owned enterprises increasing oil production to make up lost revenue through increased volumes.

The Federal Reserve did not help in the process as their response to increasing oil prices and the war in the Middle East was to RAISE the short term Fed Funds rate from 5.50 to over 10 percent.

??? But the price of corn is going to be high enough that people are going to want to plant corn, only that corn acreage is going to come in and infringe on the soybean,» he says, adding that increased Chinese demand for soybean oil will mean fewer acres for cotton — putting even more pressure on an industry that's already feeling the pinch.

Certainly the backdrop of war in the Mideast, the rapid increase in oil prices, and accompanying inflation were strong factors that depressed markets.

Oil prices fell as increased drilling in the United States pointed to more output, raising concerns about a return of oversupply.

U.S. airline stocks hit a 13 - year high this week as they gained momentum from lower oil prices and increased travel spending by Americans in an improving economy.

Those families who have benefited the least from the big increase in stock prices over the last few years have the most to gain, proportionately, from the drop in oil and gas prices.

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.

The March increase was the largest year - over-year move since it hit 2.4 per cent in October 2014, just as the oil - price slump was getting underway.

SINGAPORE, April 23 (Reuters)- Oil prices dipped on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

Oil sands production will continue to increase in the near term, likely through 2020 if not beyond, unless prices decrease materially relative to today.

The pipeline or any other way to bring Western Canadian Crude to Tex refiners would speed up oil extraction in Alberta and increase world supplies, which would bring down oil prices for all Americans, by about a dollar a barrel according to Levi.

The increase in U.S. oil production since 2006 to 6.5 million bpd has resulted in a sudden pipeline capacity and pricing squeeze that only months ago was predicted to hit years in the future, if at all.

Soaring oil prices helped Woertz, who runs refining and marketing, rack up more than $ 1 billion in profits and increase margins in 2003.

But bullish factors, including an increase in Saudi Arabia's official oil selling price to Asia, also underpinned prices, according to Commerzbank analyst Carsten Fritsch.

Statistics Canada reported in The Daily in November that, «gasoline prices have increased at a slightly faster pace in the central and eastern provinces than in the west, resulting in a spread between some provincial gasoline indices... associated with the dual crude oil market in Canada and the recent price differential between crude oil benchmarks.»

Fertilizer prices usually move in tandem with crude oil, as rising energy prices usually increase production costs and freight rates.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

The crudest version of this story says that Ottawa should increase spending as a direct response to the fall in oil prices and the resulting depreciation of the Canadian dollar.

He claimed that the price of oil would soon fall and that inflation would increase, leaving Russians «in an economic cemetery» if they should fail to cultivate these industries.

High oil prices boosted Canada's income growth and increased investment in the energy sector through 2014, offsetting some of the bad news.

This means that new oil supply can come back on stream profitably — especially in US shale plays — at lower prices than before, perhaps putting a lid on further price increases.

For an economy like the U.S., which is overwhelmingly reliant on consumer spending, any sharp increase in oil prices wreaks havoc.

Crude oil prices soared after we are seeing the reduced risk of a trade war but increasing risk of heating up the real war in Syria.

In spite of analyst warnings, prices remained stable after the third weekly crude oil inventory increase, suggesting that market players have already factored in the prolonged consequences of Hurricane Harvey and Irma on oil dynamics in the United StateIn spite of analyst warnings, prices remained stable after the third weekly crude oil inventory increase, suggesting that market players have already factored in the prolonged consequences of Hurricane Harvey and Irma on oil dynamics in the United Statein the prolonged consequences of Hurricane Harvey and Irma on oil dynamics in the United Statein the United States.

In short, given the increased concerns of global growth slowing, oil price instability, the potential Brexit, and U.S. election, we think owning gold as part of a diversified asset allocation continues to be a sound approach.

Let me give you a simple example — suppose the marginal barrel of oil globally is, in fact, an oil sands barrel, and so an increase in oil sands supply (i.e. more barrels available at a lower price) would increase world oil production and consumption.

The former because it allows for a case in which a modest increase in demand leads to a large increase in price, and the latter because it would lead investors to hedge by moving themselves into Canadian dollars (more than they would otherwise) to protect against high oil prices.

Even with a weaker currency and a partial reversal in recent oil price declines, these issues will moderate any increase in long - term interest rates in Canada.