Sentences with phrase «of low oil prices in»

However, it seems that Wall Street is fixating on the earnings miss and the uncertainty of low oil prices in 2015.

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.

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.

The price of oil could then spike in the future if the lower oil production meets higher than expected demand.

The bank cited the prospect of slower economic growth in Canada brought about by lower oil prices as one reason for moderating the rate.

It's among a host of new startups developing technology for the oil and gas industry, which finds itself desperate for innovation in this era of low commodity prices.

A Royal Bank of Canada report released in early January even suggested that the benefit of a low dollar for exporters, coupled with an upswing in the U.S. economy and increased consumer spending in Canada, could offset the economic hit of low oil prices.

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.

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.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.

Fast forward to 2016, when Putin himself came out in favor of coordinating with the cartel amid the continued corrosiveness of lower oil prices.

If the Fed is indeed putting off raising short - term interest rates — perhaps because of an economic slowdown overseas, economic turmoil in Russia, or because of lower oil prices — then that's potentially good news for the stock market.

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.

Programmed Maintenance Services has returned an annual net loss as a result of lower demand for marine services following the steep drop in oil and gas prices.

For the past two years, energy stocks have looked quite dirty, as the price of oil sank to a latter - day low of US$ 27 a barrel in February.

That would give the company an even more dominant position in the pits north of Fort McMurray, which even some Calgary financiers consider a sunset industry in light of low oil prices and international pressure to reduce carbon dioxide emissions.

«Particularly with oil prices hitting lows at some point in the first quarter... lots of sub investment - grade firms could be under a lot of stress, and for those with stronger balance sheets, those companies could take this as an opportunity to buy and acquire assets,» Deshpande said in a phone interview.

If oil prices do not escalate, the government's budget outlook will deteriorate in the billions of dollars, through a combination of slow economic growth and lower than anticipated inflation.

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.

In light of the tug - of - war in the crude oil space, where prices have traded between the low $ 40s and low $ 50s since March, Cramer used the charts to try to foresee the commodity's futurIn light of the tug - of - war in the crude oil space, where prices have traded between the low $ 40s and low $ 50s since March, Cramer used the charts to try to foresee the commodity's futurin the crude oil space, where prices have traded between the low $ 40s and low $ 50s since March, Cramer used the charts to try to foresee the commodity's future.

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.

Lower oil prices should put more money in the pockets of consumers already emerging from years of self - imposed austerity, says Richardson.

That lifted oil prices above $ 58 a barrel in January, well above their 2016 low of just $ 27.

In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiIn Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiin 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiin 2016, retail prices also haven't risen by as much as the price of crude oil.

This trend has reversed in recent weeks, with larger discounts applied to global and Canadian heavy crude leading to bitumen prices remaining low while world oil prices have gained some of the lost ground.

The price of a barrel of West Texas Intermediate (WTI), a benchmark for so - called light sweet crude oil, tumbled from its June high of $ 108 to a low in January of $ 44.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less than a 10 % rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

Samuels said that while the state has among the largest budget reserves of any state, at a projected $ 10.4 billion by the middle of next year, continued low oil prices mean legislators will face some tough decisions when they return to Austin in January.

«The resilience of US onshore oil supply in the face of lower prices demonstrates the profound technological transformations witnessed in the shale industry.»

Here, in part one of three, are my notes on oil sands project viability in this new, low - price environment.

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.

In order to achieve these lofty goals, the crown prince is going to need a lot of investment capital, and low oil prices, below $ 50, are not part of the planning.

And innovative technology makes renewable energy cost - effective even in times of low oil prices.

Of Tokyo's 33 subsectors, 20 were in the red, with oil and coal products leading the decliners after an overnight slide by crude prices to two - week lows.

And cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other things.

The bulk of the declines in activity related to lower energy prices has run its course, baring another significant down leg for oil prices.»

Against this backdrop of delayed rebalancing, we now see oil prices fluctuating around current levels, in a lower range than we had expected earlier this year.

That's a valid concern, but it's worth pointing out that since its recent low of $ 26 a barrel in February 2016, the oil price has surged nearly 150 percent — all while the number of active wells in North America has risen.

If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less than a 10 per cent rate of return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a royalty regime which lowers rates when prices are low.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

Changes in power costs due to falling oil prices, meanwhile, can vary considerably by market and region, and, in many markets, gasoline prices are so inflated by taxation that the impact of lower oil prices for consumers is considerably dampened.

The key problem for the Russian oil industry, in addition to the low oil prices, is the lack of fresh capital and access to technology created by the sanctions regime.

It's not just American companies that have grown lean and mean in this climate of lower oil prices.

Recent lower oil prices have helped Morocco cut those costs and shrink its budget deficit from nearly 5 percent of gross domestic product in 2014 to 4.3 percent this year.

Assuming oil prices stay in this narrow range, we believe there are some important implications of lower oil price volatility for investors:

«BP is continuing to plan for a lower oil price world,» chief executive Bob Dudley said on Tuesday, adding that «I'm not expecting big shifts in prices anytime soon and a price of $ 50 a barrel looks like the right number to plan on for the rest of the decade.»

The report does envision scenarios in which oil sands development is curbed by a combination of lower oil prices and a lack of pipeline capacity.