Sentences with phrase «oil markets continue»

As oil markets continue their downwards spiral this week, tell us how bearish you are on U.S. crude prices.

Exxon's profits have improved over the last year as the oil market continues to recover from a prolonged price slump.

Not exact matches

As the North American oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for oil - by - rail, what is clear is that the North American oil market will eventually settle into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.

European markets continued lower on Monday afternoon as investors focused on fresh data from the euro zone and volatility in oil markets.

The International Energy Agency said Friday the oil market is re-balancing as demand continues to grow but more time is needed before these shifting fundamentals are felt by markets.

Wall Street stock futures are opening lower with continued jitters in media and energy stocks after dispiriting news from earnings season and from the crude oil market this week.

«There is no doubt that the financial markets are continuing to have an impact on oil, particularly on physical oil,» he said.

«The bottom line is they're committed to holding back supply from the market, which combined with the continued decline of PDVSA in Venezuela is going to make for higher oil prices,» said Kilduff.

«Oil supplies (from the United States) are continuing to grow and there are no signs of a reversal,» said Fawad Razaqzada, market analyst at futures brokerage Forex.com.

The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country's shale oil boom continues to upend global markets.

«We are seeing United States production rising very, very dramatically before our very eyes and that's likely to continue in 2018,» Neil Atkinson, head of the oil industry and markets division at the IEA, told CNBC Tuesday.

CNBC's Jackie DeAngelis reports the latest on the oil markets as volatility is expected to continue.

LONDON, Nov 1 (Reuters)- European oil futures fell on Thursday as investors continued to analyse the aftermath of super storm Sandy, while U.S. futures gained as U.S. markets geared back up after the severe battering to the east coast delivered by Sandy.

CNBC's Jackie DeAngelis reports on the oil market as U.S. and OPEC production continues to rise.

A prolonged downturn in oil and natural gas markets continued to ripple through New Mexico's economy over the summer and into the fall, undermining state tax revenues.

The oil market is re-balancing as demand continues to grow but more time is needed before these shifting fundamentals are felt by markets, the latest report from the International Energy Agency said Friday.

O'Loughlin said that relatively high oil prices, supported by healthy demand and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) to tighten markets, «are encouraging U.S. shale producers to continue ramping up production.»

«We continue to review our capital program in the context of the current market and are evaluating reducing our heavy oil drilling program for the second half of 2018 and substituting a light oil program instead, if it makes sense,» said president Tim McKay on a call with analysts.

Outlook cloudy: oil companies are making rafts of job cuts as uncertainty continues to roil the energy market.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.

However this plays out, we'll certainly continue to monitor it, as well as the oil market.

Because I don't see the capital markets continuing to fund non-conventional oil drilling when the ever present risk of prolonged low prices, or worse another step down I therefore see the balancing of the market occurring sooner then you suggest.

All markets will continue to focus on the volatility in the equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil prices, and will turn to this afternoon's FOMC Meeting Statement followed by reports tomorrow on UK PMI, Eurozone PPI, CPI, US Challenger Job Cuts, Productivity, Unit Labor Costs, Jobless Claims, Trade Balance, Markit Services PMI, ISM Services, Durable Goods and Factory Orders for near term direction.

While the near - zero balance of opinion suggests that labour market slack remains, the indicator has continued to improve gradually since the oil price shock, as conditions in affected regions have bottomed out.

All markets will continue to focus on the volatility in the equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil prices, and will turn to reports tomorrow on Japanese PMI, UK PMI, US Vehicle Sales, Markit Manufacturing PMI, Construction Spending and ISM Manufacturing for near term guidance.

All markets will continue to focus on the volatility in the equity and bond markets, geopolitical events, developments with the Trump Administration, corporate earnings, oil prices, and will turn to reports tomorrow on Japan's Leading Index and Machine Tool Orders, German IFO, US Case - Shiller Home Price Index, New Home Sales, Richmond Fed and Consumer Confidence for near term guidance.

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.

Early into this year, analysts and investors were way more optimistic about the oil price recovery, but as global inventories continued to stay high and OPEC lost its market charm with the cuts and compliance, prices started dropping again, and WTI has traded mostly below US$ 50 — and frequently below US$ 45 — since early March.

While the re-balancing of global oil markets is progressing, record - high crude and gasoline inventories continue to put downward pressure on prices.

Despite the collapse of talks, oil market watchers said the lack of a «Doha deal» would be better in the long term and would mean that a rebalancing process of supply and demand can continue to its natural conclusion.

Despite a saturated world market, North American production, whether it's bitumen from Alberta's oil sands or light oil from North Dakota or Texas, continues to increase.

As more pipelines are built to take oil to a coast, North American prices will continue to merge with global oil markets.

As Tropical Storm Harvey continues to cause severe flooding in the Houston area, how might this impact the oil market?

Despite the moderate global growth levels, OPEC remained confident on oil demand growth and stuck to its prediction that oil markets are continuing to rebalance.

Oil futures edged lower for a second straight session on Monday in thin trade as European markets observed the Easter holiday and as hedge funds and other big speculators were Continue Reading

Given this dynamic, we'd continue to focus on more cyclical, less rate - sensitive segments of the U.S. equity market: technology, financials and integrated oil companies.

The oil market is having a stellar month, continuing a rally fueled by stronger demand and expectations of bigger output cuts.

There is a roughly six - month lag time between the decision to begin drilling and oil showing up in the market, so the rush of new drilling that began in the first half of 2017 will ensure that production likely continues on its upward trajectory for the rest of the year.

The 104 - page OPEC report finds that there will be greater demand for the group's oil in 2016, with customers consuming an average of 31.65 million barrels a day throughout the year because the market will be «supply - driven» as competitors, beset by low prices, continue to cut back severely on capital expenditures ranging from exploration to new drilling.

While most industry pundits continue to believe that the OPEC cuts / shale growth tug - of - war will continue to cap oil prices, the current mood in the market is a bit merrier than it was two years ago, one year ago, or even one month ago.

While the continuing Russia - OPEC discussions are dominating headlines, with a focus on a possible extension of the oil production cut agreement into 2019, the market is far from stable.

David Dudley, International Director and Head of Abu Dhabi Office at JLL MENA, says, «Ongoing cost cutting and downsizing in the oil and government sectors have continued to reduce demand across all sectors of Abu Dhabi's real estate market.

Although the oil market has been improving, OPEC still has work to do to bring global oil inventories back to their five - year average — the metric that OPEC has vowed to achieve Continue Reading

TORONTO — The plunge in global stock markets over the past week has dragged down the Canadian dollar and oil prices, but some market observers see signs the loonie's fortunes will change this year even as the Canadian dollar continued its slide Monday.

Weak demand across residential, office and retail sectors has been evident since the decline of oil prices at the end of 2014 and continues to impact government spending and general sentiment, says the Abu Dhabi Real Estate Market Overview Q3, 2016.

The rally in oil prices over the past year likely had more to do with higher demand rather than merely the supply taken off of the market by the OPEC / non-OPEC Continue Reading

Crude oil, on the other hand, has fallen back into a bear market, setting new lows dating back to last August as oversupply concerns continue to weigh on the market.

This Day In Market History, March 26: OPEC Raises Crude Oil Prices By 9 % Each day, Benzinga takes a look back at a notable market - related moment that occurred on this Continue RMarket History, March 26: OPEC Raises Crude Oil Prices By 9 % Each day, Benzinga takes a look back at a notable market - related moment that occurred on this Continue Rmarket - related moment that occurred on this Continue Reading

China's currency has stabilized, the U.S. labor market continues to expand, and the oil supply appears to be moderating.