Sentences with phrase «of global oil markets»

While the re-balancing of global oil markets is progressing, record - high crude and gasoline inventories continue to put downward pressure on prices.

US sanctions against Iran made Saudi Arabian oil more valuable, and allowed the Kingdom to increase its share of the global oil market.

Nigeria has reaffirmed its commitment to continue working with other players for the stability of the global oil market.

Even if U.S. energy policy goes «drill baby drill,» there will be no escape from the vicissitudes of the global oil market

But a closer look at the new realities of the global oil market and at the companies who will profit from the pipeline reveals a completely different story: Keystone XL will not lessen U.S. dependence on foreign oil, but rather transport Canadian oil to American refineries for export to overseas markets.

Not exact matches

The teaser for the panel on energy markets that I am speaking on at the Milken Institute Global Conference, highlights relentless U.S. production offsetting OPEC reductions, renewables disrupting traditional energy markets, and the geopolitical implications of U.S. production growth displacing Russia as the world's largest oil producer.

OPEC, along with Russia and several other producer nations, is keeping 1.8 million barrels a day off the market through the end of the year in order to shrink global stockpiles of oil.

A report from CIBC World Markets recently predicted the stock market might fall 10 % — 15 % this summer due to a confluence of factors, including a weak U.S. housing market, increasing fiscal strain, expensive oil prices, sluggish corporate earnings growth and disruptions in global supply chains stemming from the Japanese crisis.

Russia independently or in conjunction with allies Iran and Syria could flood global markets, thus dropping prices for not only themselves, but for those on the other side of the Syrian conflict, predominantly impacting Saudi Arabia and the US — the number two and three world oil producers, respectively.

To be fair, there have been a several times that markets didn't recover as quickly after seismic geopolitical events such as the invasion of France in 1940 and the Yom Kippur War (which led to a complete realignment of control over global oil), according to the Credit Suisse team led by Keating.

The speech to the «Oil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeOil and Money» conference in London presents an overall vision for transforming Canada from a continental energy player to a global energy powerhouse, a vision that includes improved trade relations with Asia and a major expansion of infrastructure — pipelines, in other words — to get Alberta oil to far - flung markeoil to far - flung markets.

World stock markets skidded further Wednesday as fresh declines in crude oil prices stoked fears for the health of the global economy.

The usual proxies for global growth — oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower as investors bail out of any kind of trade predicated on growth in China and the rest of the emerging world, which accounts for 85 % of the world's population.

Helima Croft, global head of commodity strategy at RBC Capital Markets, discusses the four countries cutting diplomatic ties with Qatar and how it will affect the oil stocks.

The project, still under construction, will be one of the first links between massive American gas reserves and the global oil market.

Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

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»).

Oil is currently trading at about US$ 45 / bbl, which in current dollars puts it below where it was at the end of 2008, back when global markets were still in the thick of the financial crisis.

«The absence of adequate market access for crude oil out of Canada has repeatedly impeded equity valuations and is once again driving a wedge between the performance of Canadian investments and global alternatives,» it said.

Helima Croft, global head of commodity strategy at RBC Capital Markets, is wondering whether the price of oil goes to $ 26 on oversupply issues.

In the European market, the oil sector has a high dividend yield of about 6 percent — the highest there is — which adds up to real value, says Nick Nelson, head of global and European equity strategy at UBS.

Of course, the more oil they pump into an already saturated global market, the worse it is for prices.

In addition to the negative repercussions of hurricane Harvey, which heavily impacted the Gulf of Mexico oil and gas production and petrochemical plants, global oil markets are facing disruptions from the Middle East.

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

The paper's authors apply a simple model of the world oil market to reach their conclusions, which are driven by the potential for the pipeline to increase global oil supply, thus lowering oil prices and increasing consumption.

Risks associated with investing in Industrials include the possibility of a worsening in the global economy, acquisition integration risk, operational issues, failure to introduce to market new and innovative products, further weakening in the oil market, potential price wars due to any excesses industry capacity, and a sustained rise in the dollar relative to other currencies.

Lazarus said even though the pipeline's capacity would represent only about one per cent of global oil consumption, that would still be enough to incrementally move markets.

Day trading any security is a risky venture, but any related to the global oil market are particularly volatile due to the myriad of factors at play.

Signs of global economic turmoil are being seen from falling stock market and crude oil prices to the weakest Canadian dollar since 2004.

If Iranian oil and gas resources were flowing more extensively through the global market, it wouldn't be the target of Western ire, an Iranian director said.

We're often told the market for oil is global, but in truth it's more of an integrated web of regional markets and the U.S. Midwest is one of those regions (in the graphs, you'll see it referred to as PADD 2).

NEW YORK (AP)-- The latest on developments in global financial markets (all times local): 4:00 p.m. Technology and consumer stocks pulled the broader market slightly lower, even as energy stocks rallied along with the price of oil.

In 2009, that relationship began to reverse, and through 2011 and 2012, light oil at Edmonton traded at massive discounts to similar crude streams on global markets — an average of $ 22.83 / bbl in fiscal year 2012 - 2013, as shown in the blue wedge at the top of the graphic below.

The oil market is standing at an overwhelming $ 1.7 trillion annually, which makes it larger than all global raw metal markets combined as well as the annual GDP of all but ten countries.

Furthermore, efforts at oil giant Royal Dutch Shell RDS.A, +0.62 % to move beyond fossil fuels into low - carbon energy is as much driven by the growth potential of alternative energy markets as a concern for global warming.

Russia is considering a wide range of scenarios on what to do with a multilateral effort to balance the global oil market, its energy minister said.

He said the market intervention is intended only to «nudge along» the re-balancing of an oversupplied global oil market.

Michael Rawlinson, Global Co-Head of Mining and Metals at Barclays, commented that while the sharp drop in oil prices has reduced costs for mining companies it has also added to uncertainty in the market and could prolong the wait for the commodity cycle to turn upwards again.

So rather than flow into the global market, much of the oil stayed in the middle of the U.S..

In tandem, the era of high oil prices prompted an increase in saving among oil producers... Using the increase in emerging markets» current account surplus as a guide suggests the desired saving schedule has shifted to the right by 1pp as a result of the EM saving glut, which lowers the global real rate by round 25bps.

Faced with a global glut of oil supply, markets have been largely immune to geopolitical risk.

Now, investors are eyeing an OPEC meeting on November 27 to see whether the organization could even cut prices further in an attempt to retain its global market share, particularly in the face of competition from the U.S. where oil production has increased thanks to the shale gas industry.

The problem with this argument is that what is good for oil producers and exporters is inversely bad for major oil consumers and importers like the United States, Europe, and China in this zero sum game of global energy markets.

The world's first yuan - denominated oil contracts launched today, as part of China's drive to turn its currency into a global force in markets.

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.

Mueller - Glissmann and colleagues forecast that «balance» would return to global oil markets by 2016 and they upgraded their 12 - month view of the commodity sector to «overweight» from «neutral».

As the global economy appears to be steadying, we explore areas of opportunities in international markets as well as cyclical sectors such as technology and integrated oil companies.

While the official goal of the new futures contract is to establish a regional benchmark for more useful pricing of the crude grades prevalent on the Chinese market, analysts see the yuan oil futures as a step toward China seeking wider acceptance of its currency in global trade, including the oil trade, and establishing a petro - yuan that could challenge, in the future, the dominance of the petrodollar.

Fast forward 6 months and the global energy market is in a state of flux with oil prices having declined approximately 50 % due to robust and unexpected supply growth.

The average price for a gallon of unleaded regular shot up 13 cents in just three days last week in response to a spike in crude oil prices on the global market.