Sentences with phrase «low price of oil»

But again, the cuts weren't enough for the longstanding low price of oil.

The reduced activity is at least partly related to the currently low price of oil, which has prompted some operators to drill less and therefore to produce less wastewater.

There was a simple answer to the economic question: Keystone is the fastest and easiest way to bring Alberta's oil to market, which will in turn lower the price of oil by about a dollar per barrel for every American — regardless of where the stuff is ultimately sold.

Until a balance is restored between supply and demand, though, Saudi Arabia is willing to endure the current low price of oil, even as its own budget, heavily reliant on energy revenues, faces a deficit of $ 98 billion, or 15 percent of gross domestic product, for fiscal 2016.

Phillips 66 is widely known as a refiner, and refiners benefit from lower prices of oil because they have to pay less for each barrel of crude oil to perfect (and can thus capture higher margins by doing so).

Spring is the busiest selling season when it comes to real estate and the latest headlines show that even with the significantly lower price of oil, homes in Toronto and Vancouver are selling like hotcakes.

Who could have foreseen the crazy low price of oil and the extent of the clobbering commodities suffered?

After all, while growing food near to where it is consumed may make sense from an ecological perspective, we can't ignore the sky - high cost of real estate in New York, combined with the ridiculously low price of oil.

Due to the continuing lower price of oil, there will potentially be more mergers and acquisitions in 2015, says Craig Hoskins, a partner with Norton Rose Fulbright Canada LLP in Calgary.

So those 100,000 inventors know if they do come up with that breakthrough, that if OPEC lowers the price of oil, it won't knock them out of the game.

Blame (you guessed it) the low price of oil.

The final issue that Petrobras is dealing with is the same one facing all oil companies — the low price of oil.

Energy companies will be undergoing bank - lending reviews this month, and the low price of oil will be a factor in eligibility.

The housing market began to stabilize well before this lower price of oil we're seeing, though values are still very high.

In our view, the lower the price of oil goes in the short term, the quicker the rebalancing process should happen because it becomes uneconomical for some producers to even keep current oil production online.

There is suspicion that Mr. Prentice wants to take advantage of the low price of oil in order to impose budget cuts before the price exits the «price trough» and begins to rise.

The budget is expected to include a projected $ 3 billion deficit, largely influenced by a lower price of oil than including a drop in the price of oil.

Given those restrictions and the low price of oil and gas now, Martens said, fracking would be unlikely anyway.

Alaska officials blamed the low price of oil and political uncertainty.

Then there's the low price of oil, and the typically higher price for a gallon of diesel fuel versus a gallon of gas, which Nicholson acknowledges can make diesels a tough sell in our market.

By now, many have heard the news go on about the lower prices of oil and materials.

I theorized that after the June 2017 spinoff and before the end of the year a number of institutional investors may have dumped the shares they received in the spinoff for any of the classic spinoff reasons: the market cap of SMHI was too small for their investment guidelines, the company was too concentrated in one business, the offshore support ship business was currently doing very poorly due to the low price of oil, etc..

Post-Fed rate increase and halfway through the first month of 2016, Treasuries prices have increased, as some investors have moved toward safe haven assets in response to concerns over dangers in the U.S. economic recovery, which have been brought on by possible credit problems in energy and commodity companies due to the low price of oil.

Question is, should investors take the opportunity to load up on oil stocks or does the low price of oil augur poorly for the market, and the economy, more generally?

If there is one place that's sick of hearing about the low price of oil and the effect it's having on the economy, it's Alberta.

The low price of oil has had an effect on recreational property markets in regions where buyers are typically employed by the oil industry in both Western Canada and Newfoundland.

And Senator McCain said that America should drill offshore because that would lower the price of oil.

Biofuels for aviation are becoming available in small quantities, but are receiving little investment and are hampered by the low price of oil.

However, reducing the demand for fossil fuels on the other hand would lower the price of oil and put a cap on tar sand production.

Gasoline is even cheaper and the low price of oil is actually encouraging economic growth, at least in some places.

The energy industry will be a source of more disputes, driven in part by the impact of the low price of oil.

«With the low price of oil and the very low natural gas price you would think there would be some companies that would start to be pushed to the wall and a number of deals done.

Alberta's pain worsens, crosses provincial borders but hope persists Employers in Alberta did not catch the break they were hoping for in 2016 and many continue to struggle against the low price of oil.

Despite the lower price of oil, the Greater St. John's Area has seen seven consecutive months of decreased inventory...