Sentences with phrase «oil downturn»
The phrase "oil downturn" refers to a period of time when the oil industry experiences a significant decline in its activities and profitability. Full definition
In late 2016, Bentham and his team sensed a structural change was afoot in the energy market — something more profound than just another ephemeral oil downturn.
fortune.com
«Texas has more economic diversity than it did in the last oil downturn,» said Nick Samuels, a vice president and Senior Credit Officer at Moody's Investor Service.
Even as the recent oil downturn hit and once again set their Calgary base into retreat, the company added customers and increased overall sales.
In previous oil downturns, more of the pain was felt overseas because we imported more of our oil.
Park has been an Alberta lawyer for 35 years and has lived through four major oil downturns.
Jason Hall (U.S. Silica Holdings Inc.): Over the course of the oil downturn, shares of U.S. Silica have performed like a great big roller coaster:
One of the challenges Richard sees in the market right now is that the region is heavily impacted by the oil downturn and the aftermath of the Fort McMurray wildfire.