Sentences with phrase «of oil rises»

As an example, if the price of oil rises, then the price of publicly - traded airline stocks will fall.

If the price of oil rises, the share price for an oil and natural gas will go up, no matter where it is headquartered.

When spare capacity is utilised in the present market, the price of oil rises sharply - as high as $ 137 a barrel in recent weeks.

Economic theory assures us that as the price of oil rises, additional sources will be found, it will be used more efficiently, and substitutes will be developed.

As the price of oil rises and supplies of petroleum become constricted, the popularity of — and demand for — natural gas will more than likely rise as well.

The outcome of any conflict in the Middle East seems to have standard market reverberations; the price of oil rises, investors flock to safe havens such as gold and the American dollar.

Now, aside from the usual nonsense in the Middle East, we have specific hot spots which should see the risk premium in the price of oil rise over the next few months.

Though a barrel of oil was valued at around $ 140 in 2008, and over $ 100 just two years ago, the thought of oil rising back to triple digits seems extraordinarily unlikely in the near future, according to economists.

Not exact matches

LONDON, April 25 (Reuters)- Oil eased on Wednesday, but held in sight of three - year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market.

The price of oil has risen to its highest since late 2014 this month, driven by concern over the potential for disruption to Iranian crude flows, but analysts say the degree of uncertainty hanging over the deal means the market is extremely sensitive to any developments.

But because consumption is rising, that has implications for the amount of oil Saudi Arabia has left to sell abroad.

LONDON, April 26 - Oil rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and continuing strong demand.

With operating net profit — or profits before taxes and interest — up by 30 percent to 978 million euros, Eni CEO Claudio Descalzi said that Eni's results were «over and above the rising price of oil.»

Iran's oil minister Bijan Zanganehsaid that if crude oil prices continued to rise, there would be no need to extend a pact between the Organization of...

The Permian continues to boom, and even in case of takeaway capacity constraints — which have led to around $ 11 a barrel discount of Midland, Texas, oil to Brent — Permian producers would pump at profit if Brent were to rise (and stay) at $ 80, Bloomberg's Denning argues.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the...

Nonetheless, Saudi Arabia's economy is still largely predicated on oil and, with oil prices rising on the back of Saudi - led OPEC and non-OPEC producers curbing oil supply, the kingdom's finance minister said he welcomed higher prices but they would not affect spending limits.

LONDON, April 24 - Oil rose above $ 75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC - led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran.

But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude oil, and in the price of refined products, especially in Western Canada.»

Phil Davidson sees the company's prospects rising with those prices, so much so that if oil has a very long rally, «we will probably be out of the stock,» selling to take profits.

As oil prices have fallen, defaults in the sector have risen — about a quarter of all corporate bond defaults in 2015 were energy related, according to Moody's — and that's made traders even more reluctant to buy.

Oil prices strengthened slightly ahead of the settlement Wednesday as the Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation would be sustained.

«The idea that gasoline demand is actually rising suggests that perhaps the lower prices of crude are actually prompting a greater usage of this product (gasoline),» said Vyanne Lai, oil analyst at National Australia Bank.

That was before the dawn of the Oil Age, the energy transition that would fuel the company's real rise.

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.

Production rose 8.3 percent to 11.4 million barrels of oil equivalent per day.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the Petroleum Exporting Countries (OPEC).

Oil prices rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and ongoing strong demand.

So although the air travel industry faces two huge challenges — the rising price of oil, and the environmental impact of the roughly 1.5 billion barrels of jet fuel that the airline industry burns through each year — the solutions are likely to be all but invisible.

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

The count of active oil rigs fell with prices, but has risen over the past few months, mostly in the Permian.

But compliance by OPEC and non-OPEC together is expected to rise in March from February's level of 94 percent, Kuwaiti Oil Minister Essam al - Marzouq said on Monday.

OPEC also said Thursday that the world's total oil supply rose by 180,000 barrels a day last month, mainly because of non-OPEC producers such as the U.S., Norway and the U.K.

It's often said that cheap oil will not hurt the rise of renewables like solar because oil is used mainly to power things like automobiles, while renewables are mostly used for electricity generation.

«Today, the focus is on oil markets, where prices have risen on the back of rising supply risk from developments in Iraq,» wrote Camilla Sutton, chief FX strategist at Scotiabank.

The price of a barrel of oil, using the WTI benchmark, rose from $ 29.70 to $ 76.32 from mid-2000 to mid-2010, an increase of 157 % in only 10 years.

SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

One of the factors limiting the oil rally is rising U.S. production.

LONDON, April 24 (Reuters)- Oil rose on Tuesday above $ 75 a barrel to its highest since November 2014, supported by OPEC - led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran.

In this case, oil prices would rise above US$ 100 / bbl again and the C$ would be above parity by the end of 2012 with the TSX energy, materials, and industrial sectors moving higher.

OPEC's supply curtailments and the threat of new sanctions are occurring just as demand in Asia, the biggest oil - consuming region, has risen to a record as new and expanded refineries start up from China to Vietnam.

«You don't want to read too much into this short - term data,» says Craig Hoskins, a Calgary lawyer with Norton Rose Fulbright, noting 2012 was exceptional because of China National Offshore Oil Co.'s $ 15 - billion takeover of Nexen, and Petronas's $ 6 - billion acquisition of Progress Energy.

The MENA region supplies about a third of the world's oil, and the question now is how much further prices could rise as the region descends deeper into turmoil.

By contrast, China's annual consumption of low - carbon (i.e. renewable and nuclear) energy will rise, on average, by the equivalent of 600 million tons of oil.

The best explanation for the rise, according to the CEOs, is that oil hit an irrational bottom price of less than $ 35, and is now returning to normal.

That's left a lot of junk bond fund managers with plenty of exposure to the energy sector at a time when oil prices have crashed and defaults, particularly among fracking companies, are rising.

The global economy has recovered strongly in recent months, but rising oil prices not only put the squeeze on fragile consumers, they also raise the spectre of inflation and fan the flames of political unrest.

SPECIAL REPORT: China's rising LNG demand has coincided with a flurry of deals, highlighting potential for a turnaround in WA's oil and gas sector.

U.S. crude oil exports rose to 2.175 million barrels per day, or more than 15 million a week, at the end of March.

Along with the sharp rise in crude oil prices since 2003, B.C. and Ontario added 7 % to 8 % to the price of fuel with the introduction of HST in those provinces in 2010.