Sentences with phrase «oil analyst told»

Not exact matches

«Despite the temporary pullback in production in the first quarter, we still expect our oil sands volumes for the year to be within our original guidance of 364,000 to 382,000 barrels per day,» he told a conference call with analysts.

Oil traders are eagerly anticipating an extension to OPEC's production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodiOil traders are eagerly anticipating an extension to OPEC's production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodioil cartel could be just as powerful in propping up the price of the commodity.

A recent rally in oil prices to multi-year highs is about much more than the deepening crisis in Syria, analysts told CNBC Thursday.

«I think it's certainly something that OPEC would like very much... And I think the agreement that they struck — that is with OPEC and non-OPEC members — actually took them quite a large step towards that,» Colin Smith, oil analyst at Panmure Gordon, told CNBC Wednesday.

A couple of weeks ago, two analysts told CNBC that now could be a good time to invest in oil majors» shares.

Rival Whiting Petroleum Corp, the biggest producer in North Dakota's Bakken formation, will stop fracking new wells by the end of March, but would «consider completing some of these wells» if oil reached $ 40 to $ 45 a barrel, Chairman and CEO Jim Volker told analysts.

The price of oil will come under «serious downward pressure» as the nuclear deal between Iran and six world powers kicks in next week, a leading analyst told CNBC.

Oil prices are poised to shoot through the top of recent ranges amid growing global demand and that could boost U.S. crude by some 36 percent from current levels, one analyst told CNBC.

«I think it's certainly something that OPEC would like very much... And I think the agreement that they struck — that is with OPEC and non-OPEC members — actually took them quite a large step towards that,» Colin Smith, oil analyst at Panmure Gordon, told CNBC.

Energy market analyst Christine Tezak told the Times, «From a market perspective, the industry can find a different way to move that oil... How long it takes is just a result of oil prices.