Sentences with phrase «oil and gas prices continue»

Not exact matches

«Shell's strong earnings this quarter were underpinned by higher oil and gas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statemegas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statemeGas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a statement.

«The commodity price of oil and natural gas is and will continue to be a major factor.»

Gasoline retailers decided to make some money, spring vacationers drove up demand, crude oil prices went up, and gas refineries continued to undergo seasonal maintenance, resulting in tighter supplies.

July 2016 Oil and Gas Prices Global crude markets showed resilience in June when both Brent and WTI rallied to a 2016 high above $ 51 / bbl, due to continuing outages in Nigeria and Canada, as well as a 1.7 % decline in U.S. production.

The dollar's weakness, however, failed to help global oil prices, which continued to fall in Monday trading following last Friday's data from Baker Hughes (BHI) showed U.S. oil and natural gas producers added 21 rigs over the past week,

Should North American oil suppliers continue to pump a considerable amount of oil, gas prices could remain stable and possibly even pressured.

Conversely, should oil prices continue to climb and a gas tax is added on top, many won't be so happy with the immediate impact.

Australian Stock Exchange — April 21, 2016 and May 4, 2016 The largest and the smallest oil & gas companies in the S&P / ASX 50 by market capitalisation, Woodside Petroleum and Santos, respectively, like about every other oil & gas company in the world been hit hard by the slump and continued volatility in oil prices.

Germany's BASF, owner of oil and gas producer Wintershall, said Friday it expects gas prices to remain depressed throughout 2016 as it struggles to compensate for the loss of sales Continue Reading

A case in point: The continued price pressure on oil and gas products doesn't mean that Canadian exports have declined in this segment — they haven't.

In our view, Apache has the balance sheet and asset quality to survive continued volatility in oil and gas prices, and we like how the management team is preserving and growing per share value during the commodity price downturn.

Our modestly negative returns for the quarter were largely attributable to the continued decline in oil prices and the corresponding decline in our oil & gas and other energy related holdings.

When oil prices fall, it can rely on strong amounts of natural gas, its transporting division, and its chemical division to provide the profits to continue the dividend growth.

The problem is, inflation and high commodity prices — including oil and gas prices — tend to feed on each other in a vicious circle: people stock up on commodities to hedge against inflation, which leads to even higher prices, and thus inflation continues to rise.

Oil fell $ 1.41 to US$ 79.60 a barrel after Goldman Sachs said that it expects oil prices to tumble into the next year as shale gas production continues to expand and oil supply outstrips demaOil fell $ 1.41 to US$ 79.60 a barrel after Goldman Sachs said that it expects oil prices to tumble into the next year as shale gas production continues to expand and oil supply outstrips demaoil prices to tumble into the next year as shale gas production continues to expand and oil supply outstrips demaoil supply outstrips demand.

It seems like oil has been pretty steady now around the $ 100 mark for a long time, and yet gas prices continue to rise.

In addition to its positive impact in utility prices, new and improved energy infrastructure will help our nation continue leading the world in the production of oil and natural gas and in the reduction of carbon emissions, which are near 20 - year lows.

But, he continued, soaring oil and gas prices, the increasing vulnerability of energy supply routes and ever - increasing emissions of climate - destabilising carbon dioxide are «symptoms of a considerable malaise in the world of energy.»

First, U.S. production of oil and natural gas grew last year despite continued low prices for crude last year.

The fall in oil - indexed natural gas prices, continued growth in renewables, the impact of EU air quality directives, and the introduction of a carbon price floor in the UK have all contributed to coal generation retreating in Europe.

Second, as the prices of oil and natural gas continue their downward plunge in search of a bottom, renewables on which climate change advocates are relying to replace fossil fuels become increasingly uncompetitive and in need of subsidies.

Oil prices will continue to drop, fossil fuels will continue to supply more than three - quarters of world energy use in 2040, and natural gas is expected to grow the fastest impacting on economies, companies, communities, and individuals.

We're nowhere near Peak Oil or Peak Gas — despite what some people were predicting a few years ago — and prices continue to plummet.

With continued fracking and horizontal drilling gas and oil prices are likely to remain much nearer recent prices.

The recent low prices for natural gas and oil appear likely to continue for at least decades and possibly even longer due to the new technology for extracting natural gas and oil from shale rock.

Shell, for example, wrote in a letter to investors last year that, «the world will continue to need oil and gas prices.

But the sharp drop in coal prices, under competition from cheap natural gas, and a string of bankruptcies among leading US coal companies has inadvertently revealed the coal industry's continued support for climate denial - even as oil companies moved away from open rejection of the science.

Investors are obliged to weigh any number of unknowns: will Venezuela increase production and keep heavy oil differentials high; will the price of natural gas rapidly rise; will climate change suddenly force governments to introduce carbon taxes; can the companies control their labour and construction costs; will global demand continue to rise?

The main challenges are undoubtedly linked to the continued downturn in the oil and gas industry and subdued oil prices.

With miles upon miles of wide open highways, and gas prices in North Dakota continuing to climb (despite the oil and gas boom), it is no wonder more and more motorists are turning to motorcycles for their transportation needs.

The office market is likely to remain in relative equilibrium as oil and gas prices have rebounded and sectors outside of energy continue to expand.»

Notwithstanding price jumps in oil and natural gas, particularly after Katrina and Rita disrupted supplies by damaging processing and transportation facilities on the Gulf Coast, inflation continues to be modest.