Sentences with phrase «oil prices declined about»

Immediately after the announcement of the Iranian nuclear deal was announced, oil prices declined about $ 1 per barrel for a short period only to enter into a recovery rally for the rest of the trading session.

Not exact matches

NEW YORK, April 30 - Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

When asked about contagion effects from the decline in oil prices, Yellen said that «leverage in the financial system in general is way down» from levels before the crisis, and said it isn't a «major» concern that some entities would be effected by the decline in oil prices.

By keeping prices below the marginal cost of unconventional production (about $ 75 per barrel), OPEC hopes that expensive oil production will decline along with the fortunes of the companies engaged in these plays.

Mr. Oliver had told him not to worry about the recent decline in oil prices.

With crude - oil exports rising year - over-year, the value of the exports did not rise proportionally, with Canada's crude - oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crude.

James Hunt, portfolio manager of the Tocqueville International Value Fund (TIVFX), answers questions about the fund, the state of various international markets, currency depreciation and the decline in oil prices.

Over the first six weeks of the year, the Dow Jones Industrial Average declined 10 %, as the prospect of interest rate hikes by the Federal Reserve, a slump in oil prices, and concerns about economic conditions in Europe and China caused the long - running bull market to stumble.

We continue to hear plenty of rhetoric about the decline of the «Alberta Advantage» but the reality is the biggest economic and financial advantage our province has only exists when the international price of oil is high.

NEW YORK (Reuters)- Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

NEW YORK Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

Oil prices declined by about 1 % as the news about the next increase in drilling activity in the US overshadowed the optimism of market participants regarding the conditions of production by OPEC reduction agreement.

The continued decline in oil price led to insufficient cash availability to meet JV cash calls obligations of about $ 615.8 million monthly as appropriated by the National Assembly.

A decline in oil and gas prices could impact the Rent Guidelines Board's decision about whether to freeze, increase of decrease rent on the city's roughly one million rent - regulated apartments.

Nygren also talks about the pros and cons of rising interest rates as they pertain to bank stocks, why he is high on some industrial stocks, and why he thinks investors are overreacting to oil price declines, creating opportunities in oil stocks.

Couple this with a lack of growth in global supply (despite all the headlines about huge new oil finds — much of which simply serves to replace declining production elsewhere), and you have a v supportive (& possibly explosive) price environment for oil & gas.

According to the bank's forecasts, the precipitous decline in the price of oil is expected to knock about a third of a percentage point off of Canada's GDP this year.

In early February, crude oil prices hit a 52 - week low around $ 44 per barrel, capping off a staggering decline from a 52 - week high of about $ 100 in mid-2014.