Sentences with phrase «of tumbling oil»

It was $ 15.5 - billion (U.S.) in 2015, down nearly 60 per cent from the year before, mainly because of tumbling oil and gas prices.

Not exact matches

Despite this, traders said oil was unlikely to tumble far as markets remain supported by strong economic growth and by supply restrictions led by the Organization of the Petroleum Exporting Countries (OPEC) and Russia.

Tumbling oil prices spell bad news, both for overall growth and the financial position of the government, which is reliant on tax revenues from its energy industry to fund the budget.

Inflation has tumbled below the Bank's 2 % target, and this doesn't include the full effect of the latest decline in oil.

On Thursday, again, the price of oil tumbled with the spot price slipping below $ 75 a barrel; that's a four - year low.

But he said the company delayed because of the «oil crash,» when falling oil prices caused the stock markets to briefly tumble.

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.

After an ugly six weeks in January and February when stocks and oil prices tumbled in tandem, shares in the U.S. and much of the rest of the world have recovered nicely, with the S&P 500 on track to rise by just under 10 % for the year.

This year's Fortune 500 generated a total of $ 944.5 billion in earnings, which are down 12.6 % from last year's record of $ 1.08 trillion, in large part because tumbling oil prices took a toll on the majority of the companies on the list.

(Remember, 85 % of the cars and trucks made in Canada are for export, mostly to the U.S.) When oil prices tumbled, bringing down the loonie, there were hopes of an automaking renaissance, but this has so far failed to transpire.

«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.

By far the biggest revision, on a percentage basis, came in the mining sector, which isn't surprising; the oil and gas industry, which is part of the mining sector, has been extremely volatile in the past year due to tumbling oil prices.

But the steep tumble from $ 100 - per - barrel oil has helped cut short the age of big, multi-year mine developments, forcing companies to shelve other large projects; analysts expect smaller, more modular expansion projects from here on in.

Since the price of oil has tumbled around 15 percent since late May, some traders and investment banks have started cautioning that oil prices may be headed into the US$ 30s.

However, with questions now being raised about the profitability of fracking operations as oil prices tumble, the industry appears to have inadvertently addressed Mitchell's concerns all by itself.

According to Knight Frank, oil tumbled to its lowest level for nearly 12 years last week, raising the prospect of further falls in fuel prices at the pumps.

The green garlic tips were chopped and tumbled with lemon zest, oil and a pinch of sea salt, for a bright gremolata garnish — and no waste.

brand of terror juxtaposes brilliantly against the hilarious ways you can kill zombies or human enemies during normal gameplay, like putting novelty masks heads on their heads, or filling the floor with oil and watching zombie hordes tumble all over some marbles.

Starting from 9th place on the grid following a disrupted qualifying session which saw Milner skid off track on oil laid down by a Ferrari, Oliver had a rough - and - tumble two hours that saw him work his way into the top five at one point before multiple incidents of contact and a one - minute penalty awarded following a collision with a GTC put him well down the order.

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Slick the bottom of a casserole or Dutch oven with olive oil, add the vegetables and let them tumble into tenderness, which should take about ten minutes.

While Canadian banks are being dragged down by worries over the global credit crunch, and oil companies have tumbled because of falling oil prices, all these companies should be fine in the long run.

There are too many highlights to mention from our two months in western Sicily — the bazaar - like markets and crumbling architecture of Palermo, stunning views of the terracotta roofed city and sea from Cefalu's La Rocca, our villa by the sea in Alcamo Marina, green freshly pressed olive oil straight from the farm, incredible views from the hill town Erice, Caribbean - like beaches, pistachio gelato, and the tumbling white village on Levanzo island.

Upon entering Curator J. Patrick Walsh 3 assemblage, «Hot Pot Churner (Espresso Oil), 2013,» tumbles from the ceiling, a cascade of coffee, motor oil, aluminum cast and wOil), 2013,» tumbles from the ceiling, a cascade of coffee, motor oil, aluminum cast and woil, aluminum cast and wax.

However, the price of oil has now decreased, tumbling 47 percent from its peak of $ 114.29 per barrel in June 2014.

But what if oil prices tumble, and its just not economic to do high cost fracking at a large number of current sites?

Oil tumbled below $ 60 a barrel for the first time in more than five years yesterday — a fall of 44 per cent since June.

The new approach helped investors understand how to allocate the carbon budget in an economically rational and timely way as the price of oil tumbled from over $ 100 a barrel to under $ 50.

According to Knight Frank, oil tumbled to its lowest level for nearly 12 years last week, raising the prospect of further falls in fuel prices at the pumps.