Sentences with phrase «oil price collapse»

More than three years after oil prices collapsed, with crude prices stabilizing in the $ 50 — $ 70 range, oil and gas executives are allowing for a bit of optimism again.

The official share of bad loans in Russian banks is now 10 %, compared with 6 % before oil prices collapsed.

The ongoing oil price collapse is having a severely negative impact on the wealth of those who own oil reserves.

Their entire industry fell apart soon after oil prices collapsed.

(Prior to that, uncertainty in Canada most dramatically outpaced the U.S. when oil prices collapsed in 2008 and 2015, and in the 1990s during Canada's debt crisis.)

Oil prices collapsed on Thursday to their lowest since late November as investor worries about the world's stubbornly persistent glut of crude erased most of the gains that followed last year's OPEC's output cut.

Angola's currency, the kwanza, has lost nearly half its value since oil prices collapsed in late 2014 as Saudi Arabia embarked on its ill - fated attempt to choke the U.S. shale oil revolution.

Russian assets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

Crude oil prices collapsed from $ 114 to $ 26 in less than three years (August 2013 through February 2016).

«Hence, the fear of deflation driven by an acute oil price collapse receded, allowing bond yields to move higher,» he added.

Oil producers posted cumulative losses of $ 32 billion over the course of the last three years as oil prices collapsed

The shipments are significantly higher than the current record of 179,000 barrels a day reached in September 2014 before oil prices collapsed.

Canada has made up much of the ground it lost to the U.S. recovery after oil price collapsed in 2014, but there's still some way to go.

Alberta has actually outpaced the rest of the country in employment growth since oil prices collapsed in 2014.

Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

With oil prices collapsing to between $ 50 / $ 60 a barrel (at the time of writing), their lowest for six years, oil companies around the world have been slashing development budgets on projects that now don't make economic sense.

Oil price collapses in 1981 - 1986 and 2008 - 2009 are the only analogues for the present price situation (Figure 16).

This divergence in economic performance is mainly due to the setback Canada endured when oil prices collapsed.

U.S. Dollar strength and disinflation, supported by the ongoing oil price collapse, are providing headwinds for the metals; on the other hand, a recent rise in fear in the euro area, combined with continuing loose monetary policies, result in favorable conditions.

In this week's Trends and Tail Risks we examine the precedent of the 1985 — 1986 crude oil price collapse — and OPEC's role in it — to see how we may apply the lessons of the past to the future.

When the oil price collapsed, the $ 76 level offered very weak support.

The oil price collapse has made a number of companies more attractive.

Russia also has vast natural resources — it's the world's largest petroleum producer — and is not a significant debtor nation despite the fact its been mired in recession due to the oil price collapse and international sanctions.

That conclusion is based in part by the recent experience of Alberta, where home prices sunk after oil prices collapsed.

High - end residential property prices in Perth have weakened considerably since the iron ore construction boom ended and oil prices collapsed, although these two negative events are slowly slipping from the headlines and being replaced by positive changes.

Just ask the investors who thought energy stocks were a screaming bargain in the fall of 2014 — just months before the oil price collapsed.

With the oil and natural gas markets stabilized, at least for now, investors should begin considering which companies could emerge from the rubble of the oil price collapse to see their stock prices double or triple in the next few years.

The 2014 - 2015 oil price collapse may be understood then as a supply surplus that occurred at a time of a strengthening U.S. economy (low economic uncertainty) and relatively low geopolitical risk (Figure 15).

The 2008 - 2009 oil price collapse was part of an overall crash of the entire global economy.

The oil price collapse of 2014 - 2015 began one year ago this month (Figure 1).

The oil price collapse of the 1980s was similar to the present price collapse because the primary cause was a new source of supply.

The over-production that began the oil price collapse continues and has gotten worse.

Following the oil price collapse, the Beaufort Delta has depended on GNWT infrastructure projects such as the construction of the Inuvik - Tuktoyaktuk Highway for jobs.

These firms have resources that many large companies covet and the oil price collapse provides a good opportunity in that regard.

A falling renminbi adds to the deflationary pressure that has gripped the globe since last year's oil price collapse, and sharpens the Fed's dilemma.

After the oil price collapse and a huge corruption scandal, Petrobras has struggled to stay afloat, let alone find the billions of investments needed to develop new deposits.

With China's currency crumbling, oil prices collapsing and the U.S. stock market brushing its low for the year earlier this past week, you shouldn't panic.

Oil prices collapsed and are about half their previous value.

In fact economists now trace about 50 per cent of the oil price collapse to evaporating demand.

U.S. shale oil producers have responded to the oil price collapse so quickly, and with such discipline, that they've shown they are able to turn production on and off as if with a light switch.

As Bloomberg pointed out, Exxon's investments in the Gulf have been on - going since 2013, before the oil price collapse.

Little more than two years since it was brought to its knees by the oil price collapse, Santos has emerged as an unlikely sought - after prize to form the basis for a new global LNG powerhouse.

Imperial Oil Ltd. has revealed plans for a new $ 2 - billion oilsands plant at a time its competitors have cancelled or deferred new projects to survive the oil price collapse.

It's the first time the central bank has moved the overnight rate since September 2010 — a move the bank calls «insurance» against the potentially destructive effects of the global oil price collapse.