Sentences with phrase «oil price plunge»

Ample oil production, particularly in the U.S., and tepid demand growth have sent crude oil prices plunging in recent months.

Since crude oil prices plunged in 2014 in the face of oversupply, deals have been fitful, with large players such as Schlumberger and Technip buying smaller rivals.

OPEC agreed to extend the current cuts for nine months until March 2018 in what was a widely expected decision that sent oil prices plunging as investors hoped for more.

He's worked at AIMCo since 1998, the year oil prices plunged to US$ 10 a barrel.

What: Just when investors thought it was safe to go back into the waters of the oil market, building inventories of refined product and crude sent oil prices plunging today and taking exploration and production stocks with them.

Still, we see less risk of a renewed oil price plunge and the potential for a gradual rise toward long - term equilibrium levels around $ 60 a barrel, where supply and demand are likely to find a better balance.

Although oil prices have edged upward on supply disruptions to near $ 50 a barrel for West Texas Intermediate, the Canadian economy's adjustment to the mid-2014 oil price plunge remains slow and uneven.

The firm didn't miss a quarterly increase when oil prices plunged in 2014 and 2015.

In Alberta, where the economic effects of the worldwide oil price plunge has hit hardest, the numbers are even more stark, with 66 per cent of respondents reporting a no - change approach, plus another seven per cent who will give their clients a price break in the next year.

Along with prices for just about every other risky and cyclically sensitive asset, oil prices plunged in late summer, and then quickly surged.

Even Malaysia's national energy company, apparently, is pausing to heed the market signals as crude oil prices plunge.

Instead, oil prices plunged in 1986.

The 2015 budget deficit had to be revised to 3.2 percent of GDP from 3 percent after crude oil prices plunged, but that's down from a high of 6.7 percent in 2009 during the Global Financial Crisis, Maybank noted.

The wildfire and oil price plunge aren't the fault of Rachel Notley NDP any more than this dreadfully rainy summer.

Oil prices plunged.

To me, the best thing that could happen for MLPs is two quarters of nothing happening — no distribution cuts, no companies having this issue or that issue, no oil price plunge and no big interest rate movements.

Nevertheless, sources says Houston is much better positioned to recover from the shock of the oil price plunge than in previous cycles.