Sentences with phrase «of lower oil prices for»

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.

Not exact matches

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.

Though some analysts have worried that the intransigence of European lenders would force Greece into Russia's sphere of influence, it's not clear just what Russia could do for the Greeks, given Russia's own economic troubles amid low oil prices and Western sanctions.

Oil companies are tightening their belts for a period of low prices.

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.

So, while low oil prices will make this a trying quarter for the entire energy industry, companies with a more balanced portfolio of assets should fare better than the pure - plays.

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.

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.

The recent hot run for airline stocks has coincided with another period of low oil prices (see chart below) and steady economic growth, leaving some to wonder whether aviation's sad history will repeat itself.

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.

«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.

Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.

This impact would not be as immediate but something owners should consider if oil prices remain low for a prolonged period of time.

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

When national budgets of various oil - producing countries are determined by crude prices, then a lower price forces capital to be repatriated back to the country of origin (and we haven't even mentioned Russia, which is flooding the crude market for budgetary reasons).

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.

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.

And most experts think the loonie will stay low for the foreseeable future, due to depressed oil prices and the country's deteriorating terms of trade.

Although U.S. crude oil inventories are at «historically high levels» for this time of year, according to the Energy Information Adminstration's Weekly Petroleum Status report, Molchanov predicts inventories will trend lower by the middle of the year as prices recover.

«The value of the Canadian dollar and the price of oil, one of the nation's top exports, have both tumbled to near record lows,» the billionaire and former three - term mayor of New York wrote ahead of Trudeau's arrival for town - hall event on live television.

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.

BP CEO Robert Dudley correctly called the «lower for longer» oil prices of 2015 - 2016 and he's making predictions again.

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

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.

Clearly, the first - order effect of falling oil prices for these companies is lower input costs, with the degree of reduction dependent on both foreign - exchange effects and the companies» degree of exposure to oil prices.

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.

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.»

If lower oil prices are as bad for Canada's economy as rate - cutting Bank of Canada Governor Stephen Poloz insists, the central bank might consider assessing the risks to the economy in a world where constraining carbon emissions becomes less of an abstract notion and more of a daily reality.

«BP is continuing to plan for a lower oil price world,» chief executive Bob Dudley said earlier this month, 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.»

OPEC hopes to regain market share from expensive unconventional oil and renewable energy, and to renew demand for oil through several years of low oil prices.

The upper end of that projection — oil prices at US$ 60 — is below most of the current analyst forecasts, with expectations for the WTI price predominantly in the low US$ 50s, or below.

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.

The International Energy Agency that previously warned of lower for longer oil prices and warned last year that the oil price recovery was threatened by the possibility of weak demand now has changed its tune and is now saying that it is «mission accomplished» for OPEC as oil stocks shrink at a record pace.

I think there is a substantial commercial and economic opportunity both in the construction of the pipeline and in the advantages of lower priced oil that would result from the pipeline for the United States and for Canada.

Oil prices have arisen from the lows set in March, but a glut of inventory and few catalysts for dramatic jumps in global energy demand suggest 2015 earnings will likely be less than half of last year's tally.

«I think no deal is probably better for the longer - term because it continues this process of rebalancing and there is no rebalancing without pressure and pressure comes through lower oil prices, through tighter credit and we're seeing all of that playing out nicely,» he said.

This includes the possibility of lower oil prices — their forecast for oil prices continues to be relatively positive - slower - than - expected growth in the EURO zone and in emerging economies, especially in China.

LONDON (Reuters)-- Banks» metals - related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.

«Lower oil prices are precipitating an upwards revised forecast for world demand,» Andy Lipow, president of Lipow Oil Associates LLC in Houston, told Bloombeoil prices are precipitating an upwards revised forecast for world demand,» Andy Lipow, president of Lipow Oil Associates LLC in Houston, told BloombeOil Associates LLC in Houston, told Bloomberg.

The conditions precipitating this change — lower volumes and value of crude oil from Mexico, and increasing demand from Mexico for refined products from the U.S. as prices are rising — may not be the new normal.

As Nobel economist (and one of my dissertation advisors at Stanford) Joe Stiglitz noted on Friday, a good part of the reason for rising oil prices is because the producers are already awash in U.S. assets, and to supply significantly more oil will just force them to accumulate more low - return assets.

Canada's resource sector continues to adjust to lower prices for oil and other commodities, with some spillover to the rest of the economy.

In its deliberations, Governing Council focused mainly on the implications of lower prices for oil and other commodities for Canada and for monetary policy.