Sentences with phrase «international oil market»

We participate in international oil markets because that's the cheapest way to meet our aggregate demand for products we want.

The commissioner noted that the unpredictable nature of the price of crude oil international oil market makes it difficult to predict monthly receipts from the Federation Account for effective planning.

The price gap between North American crude and world prices is a new and unfamiliar dynamic in international oil markets, and represents a «double whammy discount» for Western Canadian producers, as Casey puts it.

Guided by the fundamental indicators such as rise in price of Gasoline, Gasoil and Brent crude on the international oil market, the country's fuel stock as well as the fair - stability of the country's local currency against the U.S. Dollar; the Institute for Energy Security (IES) sees fuel prices primed to rise again on the local market by up to 2.5 %.

«Guided by the fundamental indicators such as rise in price of Gasoline, Gasoil and Brent crude on the international oil market, the country's fuel stock as well as the fair - stability of the country's local currency against the U.S. Dollar; the Institute for Energy Security (IES) sees fuel prices primed to rise again on the local market by up to 2.5 %,» said the Energy think - tank in its review of April 2018 First pricing - window.

He regretted that the international oil market had collapsed, resulting in poor income for the country.

In his letter Mr Darling writes: «I am aware that recent developments in the international oil markets are feeding through into the UK's gas and electricity markets.

Industry chiefs, who spoke exclusively with Vanguard on phone, argued that the turbulence in the international oil market deserves urgent attention.

He identified the slump in the international oil market price and oil theft in the Niger Delta as main reasons for projecting more revenues to fund the budget from the non-oil sector.

This oil they want to drill for represents at most 2 years of America's oil needs, will go on the international oil market when and if it is finally extracted, and so only benefit oil companies, and, as these environmental impact statements clearly state, has a 50 - 50 chance of causing spills harmful to the environment.

Even without considering the dangerous path of ignoring what nature and science is telling us, the Abbott «return to the 1960s» policies will also leave Australia exposed to the international oil market.