Sentences with phrase «lower oil prices on»

Next Up: We will take a look at the impact of this climate of lower oil prices on the real estate markets in Houston and across Texas.
Looking ahead, the economy is expected to pick up its pace, helped in part by the positive effect of lower oil prices on consumer spending.
The impact of lower oil prices on the U.S. commercial real estate market can be analyzed from two perspectives: the direct impact and the indirect impact.
The indirect impact of lower oil prices The impact of lower oil prices on commercial...
In the table below, I estimate the effect of lower oil prices on green / clean energy companies and corporate bonds issued by energy companies:
Oman, the poorest Gulf Arab country on the basis of economic output per person, was cut for the first time by Moody's Investors Service, which cited the negative impact of lower oil prices on government finances, economic performance and balance - of - payments.
The bigger change in our projection comes from the impact of even lower oil prices on Canadian income.
The impact of lower oil prices on employment has not yet been felt.
Gary Kelly, Southwest Airlines chairman, president & CEO, breaks down his company's quarterly results and the impact of lower oil prices on jet fuel costs.
His expertise also includes innovation, marketing and real estate in Dubai, as well as the far - reaching impact of low oil prices on Saudi Arabia.
Edmonton, June 2, 2016 — Canadian Western Bank (TSX: CWB)(CWB) today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
CWB today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
Alberta continues to grapple with the impact of low oil prices on the economy, with Calgary particularly impacted due to the high concentration of energy companies occupying spaces in the downtown market, says JLL.

Not exact matches

Andurand, who runs oil hedge fund Andurand Capital Management LLP, wrote in a string of tweets on Sunday that companies may be less willing to risk investment in long term oil projects because of low crude barrel prices and a predicted peak in electric vehicle demand.
Our energy sector has been hurt partly by low natural gas prices and the discount placed on Canadian oil compared to world benchmarks, but gas and oil prices have generally been flat or on the rise.
In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.
Wednesday: Boeing & Biogen Boeing: In the past, this company has been deemed a loser on suspicions that airlines won't upgrade their fleets for fuel efficient planes now that the price of oil is so low.
The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.
Just how bad low oil prices are — if they're bad at all — kind of depends on your perspective, he says.
Unlike Grantham, Shilling believes that low global growth will continue to keep pressure on the price of oil, especially when Saudi Arabia, the world's most influential producer, can continue to pump up oil for less than $ 10 a barrel.
Nigeria's nationwide oil - worker strike ended over the weekend, and oil prices fell as low as $ 67.55 per barrel on Monday.
We have a different view on inflation, which we see below 2 percent even in 2018,» analysts at Bank of America Merrill Lynch said in a note on Wednesday, explaining that oil prices will keep headline inflation low.
April 30 - Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.
The home of Canada's once go - go energy industry has suffered this year from lower oil prices, putting a drag on incomes.
April 30 (Reuters)- Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.
Markets across much of the country have softened, particularly in the energy - reliant Prairie provinces of Alberta and Saskatchewan, where low oil prices are wreaking havoc on regional economies.
«We expect the stagnation trend to continue and potentially accelerate next year, exacerbated by lower oil prices, tighter monetary policy and continued uncertainty on the geopolitical front,» noted Barclays economist Eldar Vakhitov in a recent report.
NEW YORK, April 13 - Oil prices extended recent gains and a gauge of global stocks eased on Friday as concern over a broader conflict in Syria left investors nervous, while U.S. bank shares led Wall Street lower.
Russia's stock market dipped on Monday morning, dragged lower by the prospect of fresh U.S. sanctions and lower oil prices.
Consumer demand for cars was ready to rise on low oil prices, and lower raw material costs could also translate to lower costs for GM.
Last year, funds that bet on an oil - price recovery were hit as crude in June fell to $ 42.05, the low for the year.
As the oil sector becomes increasingly focused on margins, Parex benefits from the low costs in that country, without the market access problems that impose a discount on crude prices in Western Canada.
After a period of prolonged low oil prices, many offshore drillers are focusing on tying new wells in the Gulf of Mexico to existing infrastructure, rather than investing billions in new offshore platforms, he said.
On Thursday, again, the price of oil tumbled with the spot price slipping below $ 75 a barrel; that's a four - year low.
Tamar Essner, Nasdaq energy director, provides insight to efficient oil production in the Permian Basin, and whether there is likely to be a lower trading range for oil as Saudi Arabia loses its grip on prices.
The depressed prices mean lower prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's oil industry, which spent billions on oilsands projects after world crude prices had risen high enough to justify the investment.
With oil prices now above the long - term average, oil consumption is no longer getting a boost from low prices and is increasingly reliant on strong economic growth around the world.
That year, drillers packed into the Permian basin in western Texas, where the cost of producing oil is low but the price tag on land — and the companies who own it — has skyrocketed.
Oil briefly went below $ 40 a barrel on Friday, its lowest price since the financial crisis six years ago.
Oil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projecOil service companies are getting hit because they are focusing their efforts on offshore drilling, an industry struggling due to low oil prices that can not justify conducting more typically lucrative deep - water drilling projecoil prices that can not justify conducting more typically lucrative deep - water drilling projects.
Oil prices slipped away from 2018 highs on Thursday, with global benchmark Brent trading at $ 71.15 in early afternoon deals, down 0.8 percent, and WTI trading at $ 66.38, around 0.6 percent lower.
On Hess and WPX Energy: «The solution for low oil prices is low oil prices.
HOUSTON, Feb 5 - Oil prices settled lower on Monday as rising U.S. output, a weaker physical market and recent dollar strength added to the pressure from a widespread decline across equities and commodities markets.
U.S. stocks are heading lower this morning as oil prices climb on OPEC developments.
The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open market.
Crude oil prices hit new lows earlier on Friday, as everything continues to indicate that oil producers are pumping relentlessly.
CNBC's Jackie DeAngelis reports on factors pushing oil and gas prices lower.
And all of this is on a background of oil prices that have basically crashed since the summer, with both Brent and WTI crude prices falling more than 30 % since June to multi-year lows.
CNBC has conducted its second exclusive oil survey to get the pulse on pricing now that oil prices have touched lows.
Here, in part one of three, are my notes on oil sands project viability in this new, low - price environment.
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