Sentences with phrase «oil price up»

That being said, we all know that even a little bit of problem somewhere far away can drive oil price up or down — which in turn can influence inflation.

They included 1987 (biggest one - day stock market crash in history); 1990 (Iraq and then the United States invaded Kuwait, sending oil prices up and causing a recession); 2001 and 2002 (the dot - com crash and September 11 created two years of market losses); and 2008 (the Great Recession).

Production rose to 1.867 million barrels of oil equivalent a day, with oil prices up 8 percent year - on - year.

That deal sent oil prices up almost 4 % to roughly $ 53.50 a barrel by mid-morning.

Oil prices up seeing opec playing along with limited outputs it seems or possibly due to the list ng Easter weekend and no trades for Good Friday

Arguing that OPEC «has not failed at all» in its attempt to drive oil prices up, Oreshkin said that the price of oil is now much higher than it was this time last year, before the cartel and 11 non-OPEC producers led by Russia struck the initial output cut deal.

What Muslim leaders are saying — is NOW we can jack oil prices up even further.

The new study relies on the IIASA energy system model MESSAGE in order to explore a variety of long - term scenarios for the development of oil prices up to 2050.

With Russia's government collecting nearly half of its revenue from taxes on its oil and gas industry, Putin's ultimate motive in the Middle East could be to help push oil prices up.

Energy is an interesting one, has been a difficult sector to participate in given the volatility of the underlying commodity, but our work currently shows that with this fairly significant run up in oil prices up until recently, the energy stocks themselves, have not reflected it.

Energy Department Ministry of Energy and Mineral Resources Renewable Energy Seminar Amman - Jordan 27 - 28 March 2012 Current Energy Challenges Ministry of Energy and Mineral Resources Current Energy Challenges Jordan is facing a real challenge in securing its energy supply due to: Almost no indigenous energy resources High dependency on imported energy (97 % imports in 2011) Oil prices up (energy / Biofuels production).

Ten years down the line, when the low exploration data being seen now begins to hinder production, it will have a «significant potential to push oil prices up,» Bjurstroem said....

CO2AGW was the third campaign to lift oil prices up.

Meanwhile, reports suggest Hedge Funds are helping to push oil prices up.

Not exact matches

I put more faith in futures markets than in private sector and budgetary forecasts, but given the recent escalation of oil prices, there is a reasonable chance prices end up matching or exceeding the estimates in Budget 2016.

The strategy illustrates how companies are coping with Western Canadian Select bitumen blend oil prices that have largely failed to keep up with higher prices for New York - traded West Texas Intermediate, leading to wider - than - usual differences between the two.

With operating net profit — or profits before taxes and interest — up by 30 percent to 978 million euros, Eni CEO Claudio Descalzi said that Eni's results were «over and above the rising price of oil.»

That's up from about $ 2.39 per gallon a year ago, according to Oil Price Information Service.

The financial crisis slammed oil prices, but you can see from the graph that there was also a major break in the pricing relationships which had held so tightly up to then.

Yet even now, despite the recent run - up in oil prices, this narrative continues to carry considerable currency.

Higher prices encourage U.S. oil companies to crank up output.

SINGAPORE, April 24 - International oil prices hit their highest levels since late 2014 on Tuesday, pushed up by expectations of renewed U.S. sanctions against Iran and as OPEC continues withholding supplies amid strong demand.

Say I'm running Esso right now, and I need to raise my price by 5 cents because the cost of crude oil went up.

Wages barely are keeping up with inflation, and oil prices have settled at a level that is unlikely to generate the kind of economic activity to which we had become accustomed before the 2014 - 15 crash.

Coincidentally, the light oil price forecast of the day had also crept up, to U.S. $ 24 / bbl plus inflation, with oilsands production expected to reach 2.2 million barrels per day by 2015.

People are conditioned to expect some price increases, just like we're conditioned to expect gas prices to go up or down with the price of crude oil.

With oil selling for around $ 100 a barrel and gasoline prices high, sales of cars that plugged in rather than filled up were beginning to climb.

This wouldn't be just another oil - price cycle, a familiar roller coaster in which every down is followed by an up.

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.

Unlike Grantham, Shilling believes that low global growth will continue to keep pressure on the price of oil, especially when Saudi Arabia, the world's most influential producer, can continue to pump up oil for less than $ 10 a barrel.

Our outsized energy index, which has helped push the S&P / TSX Composite Index up 15 % year - to - date, also includes several rate - sensitive stocks — though they're more susceptible to movements in oil prices — and is up 33 %.

Buy WTI — Oil prices are set to pick up throughout 2017 as OPEC and non-OPEC members implement an output cut deal.

Oil traders are eagerly anticipating an extension to OPEC's production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodiOil traders are eagerly anticipating an extension to OPEC's production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodioil cartel could be just as powerful in propping up the price of the commodity.

The company said in February that it planned to buy back up to $ 5 billion of stock over 2018 - 2020 to share the benefits of higher oil prices with investors.

«Upward pressure on prices was weak in December, but we can expect price declines to narrow as the yen has weakened and this will eventually push up oil and gasoline prices,» said Shuji Tonouchi, senior fixed income strategist at Mitsubishi UFJ Morgan Stanley Securities.

Demand for oil is expected to drop in 2017, the International Energy Agency said in a report on Wednesday, raising further problems for producers as they try to ramp up prices.

The far - reaching consequences of the recent drop in oil prices have been a testimony to just how central crude is in American life: With cheap gasoline bringing more drivers onto the road, traffic deaths were up nearly 10 percent in the first nine months of 2015.

Elsewhere, oil prices were higher on Monday, on the back of hopes that leading exporters would agree to extend the output cut - as OPEC members gear up for a meeting in Vienna this Thursday.

The long era of too much oil sloshing around the world and low prices is coming to an end, just as global events are heating up crude prices.

Susan Hirsch, portfolio manager of the TIAA - CREF Large - Cap Growth fund, prefers to get her exposure to the energy industry via a company that's less sensitive to the ups and downs in oil prices.

«According to the most recent assessment, the steady oil price recovery since summer 2017 and renewed interest in growth opportunities has led to oil majors catching up in terms of exploration activity this year, both in the shale industry and offshore deep water,» OPEC said.

It's hard to verify independently the claims of retail traders who say they have made good money this year, when worries about a slowing Chinese economy and the slumping oil price have wiped up to $ 8 trillion from world stock markets in January alone.

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.

But they represent another way for Wall Street and shale producers to increase the flow of oil, and frustrate plans by the Organization of the Petroleum Exporting Countries to prop up prices.

The investor is also encouraged by signs that OPEC and Saudi Arabia are finally considering a freeze that could prop up oil prices.

«The chances of wage inflation are higher this year than last; oil prices are up; the dollar is down.

But as oil prices firm up around the US$ 50 mark, investor anxiety is abating.

Williams's confidence may come from his predecessor, Rick George, who used periods of low oil prices to snap up assets, exploit economies of scale and accrue shareholder value.

April 20 (Reuters)- General Electric Co's Baker Hughes posted quarterly profit that beat Wall Street estimates on Friday as improving oil prices prompted companies to ramp up oil and gas production.

«Don't just take a punt on the oil price, because the path of recovery is going to have its ups and downs.»