Sentences with phrase «increased oil demand»

We had confidence that with continued scrapping of ships and increased oil demand, one day the remaining ships would be worth far more than their value as scrap.

So, what I'm getting at is that today's high prices, which are high due to: increasing oil demand; stupid American monetary policies that are now degrading the value of the dollar; and the fact that the oil price is denominated in dollars so that the U.S. is forced to pay more of our income for oil.

Not exact matches

In supporting analysis for the Keystone application in 2006, Purvin and Gertz forecast that, demand in the midwest oil administrative district «would grow and that increasing supplies of Canadian crude oil could handle this growth in addition to offsetting declining U.S. domestic production.»

In February, OPEC anticipated demand for its members» oil in 2013 would dip by about 100,000 barrels per day compared to previous forecasts, mainly because of increased production in North America.

Add to that increasing demand from China, and the long - term outlook for oil stocks looks good.

A mild winter led to swelling distillate stockpiles, resulting in a rare winter occurrence where heating oil traded at a discount to gasoline, catching refiners off - guard at a time when they typically increase distillate production to meet high demand for heating oil.

??? 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.

«While the increase in U.S. production of crude oil and the reduced U.S. demand for transportation fuels will likely reduce the demand for total U.S. crude oil imports, it is unlikely to reduce demand for heavy sour crude at Gulf Coast refineries.»

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.

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»).

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.

However, the outlook for increased volumes of Canadian crude oil shipped by rail to the United States is highly uncertain despite significant U.S. demand for Canadian crude oil, specifically on the U.S. Gulf Coast.

If the Chinese economy is going to continue to increase its oil consumption by 10 % a year, another economy will have to cut back its oil consumption by a comparable amount to make room for the increase in Chinese demand.

Secondly, as guest and I have been trying to point out if the appreciation in currency for Japan / Germany is due to increased demand for there manufacturing exports this is not the same thing as an appreciation caused by increased demand for oil exports.

As the world's population grows, the demand for all forms of energy will increase, including demand for oil and natural gas.

You make the classic argument that the benefits of a booming tradable sector such as oil and gas must, ipso facto, outweigh the decline in other sectors — otherwise they wouldn't be generating enough demand to result in an increase in the country's currency.

Amid restarting refineries along the Gulf Coast and growing optimism about strengthening demand, the EIA dampened spirits somewhat by reporting a substantial increase in crude oil inventories for the week to September 15.

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.

Despite the backdrop of political and economic uncertainty, OPEC said that it anticipated world oil demand growth in 2016 to increase by 1.23 million barrels a day (mb / d) after a marginal upward revision, mainly to reflect better - than - expected economic data for the first half of the year.

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.

If economic growth is leading to an increase in the demand for oil and bidding up its price, then the higher price means things are going well.

Demand for jet fuel has increased over the last two years as the global economy has strengthened and airplane passenger traffic has risen, said Sandy Fielden, director of oil and products research at Morningstar Commodities in Austin, Texas.

The conditions precipitating this change — lower volumes and value of crude oil from Mexico, and increasing demand from Mexico for refined products from the U.S. as prices are rising — may not be the new normal.

The oil price increase is based on simple demand and supply.

Since the publication of the QTR the Department of Energy is working seriously on reducing oil demand, other entities are working hard to increase domestic supply, the combination of both leaves us with an incredible scenario in which one the US is predicting to import 2 mbd less from OPEC countries by 2035 and 1 mbd more from Canada.

For example, if oil supply is expected to drop, scarcity increases and demand becomes heavier in comparison, driving the price up.

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.

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.

The Gulf Coast Express Pipeline, which is targeted to be in service in October 2019 pending regulatory approvals, would add a much - needed conduit for the flow to demand markets of the increasing amounts of associated gas that are being lifted from the Permian amid an avalanche of investment in the oil - rich play that spans West Texas and southeastern New Mexico.

However, in contrast to the reaction following the March output increase, the oil price did not fall sharply following this announcement, as the market judged the increase was again likely to be insufficient to exceed projected increases in global demand.

Bank revenues from commodities trading have soared since 2003, fueled by increasing global demand from emerging markets like China and India, requiring more oil, metal and raw materials.

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.

Oil prices crashed in 2014 as supply increased and demand dropped.

In the September 2013 Quarterly Report we wrote that, by 2015, increasing production from US shale oil would be «easily absorbed by an estimated incremental demand of 4 million barrels from non-OECD countries over the same time frame».

The increase in global demand in 2017 — two million barrels of oil per day — has done more than anything else to rectify the oversupply that existed in the oil market.

In the case of offshore driller Noble Corp. and oil tanker operator Teekay Tankers, supply and demand played a big role, driving down prices for their services while increasing competition for the available work.

In some of the oil - producing Gulf states, where there are explicit dollar pegs, demand growth is very strong and inflation has increased.

By mid-2014, increased U.S. production combined with other energy production began to exceed global demand, leading to excess oil inventory.

When demand for anything — oil, lettuce, fidget spinners — increases, prices go up.

The EIA continues to forecast that global oil demand will increase by 1.5 million b / d for the next year or two.

Even a million barrel cut would not offset the decrease in demand through the Winter (especially with higher than normal oil prices from this «deal»), also especially when others will increase production to take advantage of the higher price thus offsetting the cuts.

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After declining over the first half of September as US inventories increased and US demand eased, prices rose following OPEC's unexpected decision to reduce oil production quotas by around 3 1/2 per cent, effective from November.

Seasonally speaking, crude oil tends to make significant price gains in the summer, as vacationers and the annual trek of students returning to college in August creates increased demand for unleaded gasoline.

However, longer term, we believe that off - shore capital expenditure trends will eventually improve as oil demand continues to increase moderately, while production from existing fields continues to decline.

Usually, crude oil stocks rise as product stocks drop, and vice-versa, reflecting swings in refinery utilization, which simultaneously increase the demand for crude and output of petroleum products, and vice-versa.

But despite the predictability of problems, the world has moved ahead, adopting forms of urbanization, agriculture, manufacturing, and transportation that increased the demand for oil.

Certainly, the ever - increasing demand for oil around the world has, in part, fueled the comeback.

Increased demand from consumers such as Saudi Arabia and Russia, buoyed by strong oil prices, coupled with exports to traditional trading partners such as Japan, is benefiting the Australian dairy sector, which has a 17 per cent share of global cheese exports.

However, Bord Bia said prospects for Irish dairy exports in 2017 look positive: Recovering global dairy prices and increased demand from key global dairy importers and anticipated stronger oil prices should help exports.