Not exact matches
NEW YORK, April 27 -
Oil prices were
little changed on Friday,
with Brent on track for its third week of gains amid supply concerns should the United States reimpose sanctions on Iran.
It comes as
little surprise then that Saudi Arabia and Iran — apart from the tense regional archrivalry — are reportedly at odds over where to go next
with the OPEC deal, and how high an
oil price the cartel should target.
With weak
oil prices and international sanctions crushing Russia's economy, «Putin has
little else to offer to the public besides the classic narratives of Russia as a besieged fortress surrounded by enemies,» Borschevskaya said.
And there is
little risk of overbuilding, even
with oil prices potentially dropping.
It's a
little premature to say a rally is on, but
oil prices are going to have to rise at some point
with so much production currently underwater.
Yes - low
oil prices are often correlated to a shitty economy, but that has everything to do
with demand losses and very
little to do
with a supply glut.
Jeff is a classic chicken
little thinker,
oil prices are high and OMG its the end of the world as we know it,
oil prices falls and OMG the TSX market is over and done
with.
The
oil sector is slipping into the red after years of fat profits as the steep slump in
oil prices shows
little sign of ending,
with this quarter shaping up to be the worst since the downturn started.
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With a
little over $ 4 billion in cash on hand and a $ 1.1 billion dividend deficit in Q3, it seems likely to us that XOM will need to raise another $ 4 to $ 6 billion in debt over the next year unless
oil prices recover, its costs drop significantly, it sells off substantial assets, or share repurchases are temporarily halted.
So I think any potential contraction in fuel margins, on higher
oil prices, is relatively limited — particularly
with only a
little over a third (& falling) of Applegreen's gross profit now derived from fuel.
Cases
with higher or lower world energy
prices, represented by
oil prices, have relatively
little direct impact on power - sector emissions, as petroleum provides a small fraction of U.S. electricity generation.
We've already noted that survivalism is the new black, and
with climate change, peak
oil, and rising food
prices all vying for our attention, it's
little wonder that folks all over are thinking more and more about what they would do if our
With oil prices hovering around historic lows, and showing
little prospect of improvement, the industry is already in a process of contraction.