Sentences with phrase «oil price slump»

Commodity hedge funds have dwindled in recent years as oil prices slumped, leaving only a handful of larger players, including Hall, who ran the Astenbeck Capital Management fund until deciding to close it following losses this year.

The city already suffered a labor shortage because so many construction workers left during the housing crash and again when oil prices slumped.

We may be enjoying amazingly low prices at the gas pump, but as oil prices continuing to slide we must also remember the catastrophic events that have followed almost every drastic oil price slump in the past.

Related: Current Oil Price Slump Far From Over

Opportunities: Demand for rig workers grew significantly over the last half - decade, but oil price slump bodes ill for future employment growth prospects.

Fisheries has shown very little growth, while oil and gas was booming before oil prices slumped in 2014.

Crude production in Venezuela has been steadily declining as the oil - dependent state slogs through a crisis precipitated by years of government mismanagement and exacerbated by a prolonged oil price slump.

The study «Economic Impact of the Eagle Ford Shale, Business Opportunities and the New Normal», commissioned by the South Texas Energy and Economic Roundtable (STEER), shows just how much economic output the shale oil boom in the peak 2013 - 2014 years generated, and how much the subsequent oil price slump led to subdued drilling activity and lower economic impact.

«Thomas Mulcair, Justin Trudeau and Edmonton Strathcona NDP Linda Duncan are examples of the kind of inexperienced leadership that will be harmful for Canada at a time of global economic insecurity, particularly when it comes to supporting Alberta during the current international oil price slump.»

Headwinds caused by Brexit may now further dent business confidence already hit by the continued oil price slump and on - going concerns over the slowing economy in China.

Both Abu Dhabi and Dubai are encouraging the development of theme parks to help boost foreign tourist arrivals as oil prices slump, causing an economic slowdown in the region.

The central bank had began auctioning dollars to limit the currency's decline, by using capital controls to stem an outflow of dollars after the Naira crashed in February 2015 when oil prices slumped.

They cited «credible evidence» that Shell was paying a fair price, even in the current oil price slump.

While energy companies have been shutting down wells in response to the present oil price slump, there are still more job openings than job seekers in this field, according to Job Bank Canada.

All of that money is being translated into a sharp rise in drilling even as oil prices slump.

It's a return to normal for Canada — Western provinces have outpaced central Canada in growth for much of the past 15 years until the oil price slump.

Although Russia has always been a key market for Dubai, especially for upscale communities including Emirates Hills and Palm Jumeirah, interest dipped after the record fall of Rouble earlier this year amid the oil price slump.

Seems they missed the oil price slump, as did almost everyone.

The oil price slump presents an opportunity for countries to implement policies that bolster the world's efforts to decarbonise, the IEA says.

After a dip in transactions in 2015 and 2016 as oil prices slumped, the fund regained its appetite for deals late last year, investing in Turkey's biggest poultry producer, Rosneft, and U.K. gas company National Grid Plc, all within a couple of months.

Doyle says Canada's increased reliance on real estate fees can be blamed on years of ultra-low interest rates, worsened during the oil price slump when the Bank of Canada cut rates even further.