Sentences with phrase «oil prices»

The phrase "oil prices" refers to the cost or value of petroleum, which is a type of natural resource used to make gasoline, diesel fuel, and other products. It represents the amount of money people have to pay to buy oil or how much companies can sell it for. When we talk about oil prices, we are discussing the fluctuation or changes in the cost of oil worldwide. Full definition
Most important was the dramatic decline in oil prices in 2015, which resulted in a significant reduction in nominal GDP by 2050 - 51, of nearly $ 430 billion.
Low oil prices in the early 1970's (around $ 3 a barrel) caused demand to soar.
The price rise is due to the rise of oil prices on world markets.
The kingdom has selfish reasons to seek higher oil prices in coming months.
The energy sector fell 1.1 percent on the back of a more than 1 percent drop in crude oil prices as the dollar remained near a four - month high.
Wait, I bought consumer discretionary stocks because I thought falling oil prices falling were supposed to be good for the consumer sector.
Bonds took it on the chin as rates rose over the month, but commodities rallied on the back of rising oil prices over the month.
Investors — both stock investors and commodities traders — are having a bad week as oil prices fall lower and lower and the stock market follows close behind.
For other horizontal wells, they might payout but it is on a timeline in excess of a decade and dependent on oil prices recovering significantly from the $ 40 - $ 50 range.
With oil prices low and the government's cash dwindling, price controls have become a huge problem.
An important difference from other periods when oil prices dropped is the supply / demand circumstances.
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.
That raises the odds of a sudden, and potentially sharp, correction back down for oil prices.
Although average gasoline prices have fallen in recent weeks, they are higher than they were at this time last year and could climb even further if oil prices remain high.
The current oil price decline story began elsewhere this summer.
The once - prosperous nation continues further into a recession started by the drop in global oil prices in 2014.
I saw so many people move out when oil prices crashed and everyone left.
Reduced petroleum demand in developed nations could make their economic growth less vulnerable to oil price shocks, the report states.
But an extended period of oil prices at recent levels is unlikely to lead to greater investment spending in the Canadian oil patch.
It will dawn on folks if crude oil prices continue to rise in the future.
This shift has resulted in increased output and lowered world oil prices by about 70 % in the last year or two.
Could oil prices increase at - or - above the rate projected by the government?
After the rig - count data release, crude oil prices remained weak alongside stocks and bonds.
At the pump, clean fuels will protect consumers from oil price spikes by providing greater choices, while increased local production will create jobs producing clean fuels across our state.
I agree it's confusing, what with the market soaring one day, diving the next and plunging oil prices throwing more uncertainty into the mix.
I could not have predicted this, but with oil prices going through the roof, my post that was neutral on the price action was hot for the market as a whole.
Here's an admittedly simple simulation using crude oil prices since 1987.
My predictions of steadily rising oil prices over the last decade, including my call for $ 100 - per - barrel oil by 2007, had flown in the face of conventional wisdom.
Their entire industry fell apart soon after oil prices collapsed.
For those fuel - reliant businesses that are saving big with current oil prices, now is the time to win some love from your customers.
Now, as oil prices soar again, wave energy may finally be poised to deliver.
So while oil prices aren't increasing, they probably won't drop much more either.
If oil prices stay low for long enough, demand will increase to support a return to higher prices.
Russian oil companies have benefited greatly from rising international oil prices and the country has also succeeded in signing lucrative natural gas energy supply deals with European countries.
Why does he think it's the governments job to keep oil prices low??? I wish I was a better writer so that I could better express my outrage.
That suggests that more companies could find themselves in a distressed position if oil prices do not rise.
This view is essential, because oil price is fundamentally based on supply and demand.
Record inventories and continued supply growth has seen oil prices on a slippery slope south.
And the potential markets look likely to grow as oil prices hit new highs and environmental regulations get tighter.
The recent oil price rally has pushed the energy sector upward in both the equity and bond markets.
The long - term future of the global auto industry is in high - efficiency vehicles, due to the likelihood of higher future oil prices and a worldwide push to reduce vehicle emissions.
The fall in inflation to 0 % resulted from a drop in oil prices which could easily go into reverse.
When oil prices dipped in the 1990s, the tide went out on all types of renewable energy.
Given the strong correlation between oil prices and energy company earnings, it is not surprising that earnings estimates for the energy sector are moving closer together as well.
The widespread efforts to effect government change have also caused oil prices to increase.
The investment bank expects oil prices to average $ 55 per barrel in the first half of 2017, up sharply from the previous estimate of $ 45 to $ 50.
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.
Yes potentially longer - term low oil prices means the risk of lower earnings next year are increased.
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