Sentences with phrase «oil exporters»

The phrase "oil exporters" refers to countries that produce and sell oil to other countries. Full definition
Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January 2016 when some international sanctions against Tehran were lifted in return for curbs on Iran's nuclear programme.
That would make Brazil the third - largest oil exporter in the world behind Russia and Saudi Arabia.
Recognised by OPEC in July 2011 as the second - largest oil exporter in the cartel, 2nd only to Saudi Arabia.
The IEA said a move by the world's big oil exporters in OPEC, led by Saudi Arabia, to defend their market share by not reducing production appeared to be working.
North America is expected to become a net oil exporter as shale growth continues in the forecast.
It claims, among other things, that the United States will become the world's largest oil producer by around 2020, and North America will become a net oil exporter by around 2030.
U.S. crude oil output rose above 10 million barrels per day (bpd) late last year for the first time since the 1970s, overtaking top oil exporter Saudi Arabia.
I applaud Saudi govt for reforms to subsidies & hope other oil exporters follow lead.
Oil Prices, Political Instability, and Energy Subsidy Reform in MENA Oil Exporters by Jim Krane and Francisco Monaldi
As the world's leading oil exporter, the oil and gas sector accounts for 85 percent of Saudi Arabia's export earnings and around 50 percent of its gross domestic product, according to OPEC.
Nonetheless, the IMF believed that growth for oil exporters will accelerate in 2018 — 19, largely reflecting «the continued recovery in non-oil activity as many countries are slowing the pace of fiscal consolidation in support of domestic demand.»
Oil - importing countries include Egypt, Pakistan, Morocco and Tunisia, while oil exporters include the Gulf Cooperation Council (Saudi Arabia, the United Arab Emirates, Bahrain, Oman, Kuwait and Qatar) as well as Iran, Algeria and Libya.
The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have already accumulated sufficient FX reserves and no longer need to accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.
Best long term strategy for US would be playing Iran of against Saudi Arabia as well as having another big oil exporter around so that the chances of another unified oil embargo are much lower.
Nigeria's oil industry expanded by 20 % and we reclaimed our position as Africa's largest oil exporter which we'd hitherto lost to Angola.
In its report on the Middle East, North Africa, Afghanistan and Pakistan (MENAP) region, published Wednesday, the IMF said oil exporters in the region should see a 2.8 percent growth in 2018 and 3.3 percent in 2019.
If it is successful in driving Chevron out of the country, Brazil's dreams to be the preeminent oil exporter in the western hemisphere would sink to the bottom of the ocean.
Oil exporters meet in Vienna on Friday to discuss their pact to cut production, but many analysts are not focused on Austria this week.
Trump last Friday accused OPEC of «artificially» boosting oil prices, threatening on Twitter that this «will not be accepted,» drawing rebukes from several of the world's top oil exporters within OPEC.
Asian oil traders have struggled to understand how Saudi Arabia derived its official selling prices (OSPs) for May after the world's top oil exporter unexpectedly raised the price for its flagship Arab Light crude sold to Asian refiners.
China is becoming a key market for global oil exporters as surging output from shale fields from Texas to North Dakota allows the U.S., the biggest crude consumer, to rely less on overseas supplies.
In this regard the full scale assault on science funding and scientific freedom in Canada makes the country look increasing like another sorry Arab oil exporter.
Finally, we prefer hard - currency EM bonds — particularly high - yielding oil exporters such as Russia, Colombia and Kazakhstan — and short - duration local currency bonds in some countries.
The U.S. looks likely to overtake Saudi Arabia to become the world's biggest oil exporter next year, according to Citigroup Inc..
The collapse in oil prices since 2014 surprised both nations and hurt most oil exporters» economies.
Under the proposal, US export income would be tax free, which could benefit some energy companies, such as crude oil exporters.
Saudi Arabia, Opec's de facto leader, and Russia, the largest oil exporter outside the oil cartel, are also working towards an agreement to freeze output though it is yet to win the support of all Opec members.
With international oil prices fast approaching $ 80 a barrel, the major oil exporters seem content with the status quo.
She also very often makes statements that ruble should be weak (which benefits oil exporters) while inflation reduced by using austerity measures (reduction of income of the general population).
The International Monetary Fund said on Tuesday it stands ready to help sub-Saharan Africa's oil exporters cope with plunging crude prices and growing fiscal pressures but has not received any new funding requests from the region.
«With the exception of Chad, which already had a program in place with the IMF prior to the oil price shock, we have not received any new request for financial assistance from sub-Saharan African oil exporters,» the IMF spokeswoman added.
Coconut oil exports are booming from the Philippines, a top coconut oil exporter.
, particularly the Persian Gulf States and other oil exporters who don't have as much of an economic reason to support the US Dollar, because they don't have to promote exports to the rest of the world.
Oil exporters provide an exception to this pattern, in light of the marked weakening of oil prices since March.
The strength or weakness of the U.S. dollar affects crude oil price by impacting non-U.S. oil exporters.
Such approaches add costs (and energy use), and further add to the price that oil exporters need for their product.
A combination of cyclical and structural factors will keep the demand response to lower prices relatively subdued, and demand in several key oil exporters will be hurt by the revenue loss.
Iran, a member of the Organization of the Petroleum Exporting Countries, re-emerged as a major oil exporter in January, 2016 when international sanctions against Tehran were lifted...
But the International Energy Agency predicted America will be a net oil exporter by 2030.
But the economic risks going forward are «skewed to the downside,» the International Monetary Fund said in a new report, in which it urged Saudi Arabia and other oil exporters to press on with reforms.
Saudi Arabia is the world's second - largest oil producer and single biggest oil exporter, so any development that might alert investors that the kingdom's production levels or oil policy could be disrupted has historically had a profound effect on prices.
By the mid-2020s, the United States is projected to become the world's largest LNG exporter and a net oil exporter by the end of that decade.
Here's to the day when we have to borrow in the currencies of oil exporters, or China.
He estimates it would cost $ 100 billion to boost production to the levels of today's leading oil exporters — close to double the current investment in the oilpatch.

Phrases with «oil exporters»

a b c d e f g h i j k l m n o p q r s t u v w x y z