Sentences with phrase «oil prices dipped»

Bakersfield has been one of the hardest - hit regions in the state, as crude oil prices dipped two years ago, leading to layoffs at energy companies and throughout the region.

When oil prices dipped in the 1990s, the tide went out on all types of renewable energy.

Oil prices dipped, with West Texas Intermediate crude at $ 53.50 a barrel versus $ 54.10 last week and global Brent falling to $ 55.60 from $ 57.10.

Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

* OIL: Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

SINGAPORE, May 3 - Oil prices dipped on Thursday, weighed down by swelling U.S. crude inventories and record weekly U.S. production that is countering efforts by producer group OPEC to cut supplies and prop up prices.

SINGAPORE, April 23 (Reuters)- Oil prices dipped on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

Oil prices dipped during afternoon trade on Monday, erasing gains supported by a political rift in the Middle East, before investor concerns over a global supply overhang returned.

This week has seen gold prices tumble to five - year lows and U.S. oil prices dip below $ 50 a barrel for the first time since...

China will get dibs in the event a global oil shortage or a North American oil price dip, relative to the global average.

His knowledge and experience in overseas alternative energy markets such as Japan and China well positioned him at a time when the domestic Korean energy market has struggled due to the oil price dip.

Not exact matches

Cost has become a big concern, as the price of a barrel of oil dipped below $ 50.

When the oil - demand peak came, Shell believed, petroleum prices might begin a slow slide, dipping too low to cover the costs of oil - sands production.

Near the end of August, the price of oil dipped under $ 40 a barrel for the first time in more than six years, further imperiling Canada's sluggish economy.

Russia's stock market dipped on Monday morning, dragged lower by the prospect of fresh U.S. sanctions and lower oil prices.

Oil dipped on Monday as soaring North American production was seen undermining efforts led by OPEC and Russia to tighten supplies, but prices were still on track for their strongest start to the year in five years.

Prince Muhammad bin Salman's introduction of social and economic reforms in Saudi Arabia, under the Vision 2030 banner, aims to diversify a dipped local economy following a drop in oil prices.

NEW YORK, April 30 - Oil prices rallied 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 global stock indexes dipped with the S&P 500 led down by losses in technology.

Benchmark 10 - year Treasury prices dipped on Wednesday as a recovery in oil prices helped stocks move higher.

Helms also said that oil sands production levels could dip below one million per day before the end of 2016, if prices stay below the $ 50 / bbl.

Based on our own research, there's a strong probability that copper and crude oil prices might dip three months following a «cross below.»

A dip in oil prices (WTI from $ 67.50 - $ 67.20, API reported larger than expected build in US oil inventories) as well as news of a potential Trump subpoena from Mueller weighed on stocks.

Oil prices have dipped a bit this week, but still remain at their highest levels in nearly three and a half years.

Looking at the sharp declines of home prices and oil prices in the last few days it seems like I won the bet, if you can call being right in the middle of the double dip «winning».

USD - CAD dipped initially on firmer Canada GDP figures, though later rallied as oil prices fell.

But unless oil prices recover, or Petronas cuts costs, it will have to dip into cash reserves to finance the payout.

Unless the oil price recovers or Petronas cuts costs — which it warns it may have to do — it will have to dip into that pot again in 2016.

If we look back at the dip in oil prices in the fourth quarter of last year, general sentiment among investors was that consumers would use their savings at the pump to spend more at the store.

As for inflation in general, Fed Vice Chairman Stanley Fischer has said that there is «good reason» to believe that inflation will move back up to the Fed's annual target of 2 % as the US economy's untapped capacity gets used up and as the effect of the big dip in oil prices in the second half of 2014 wears off.

At the same time, the U.S. 10 - year Treasury bond yield dipped from 2.43 % to 2.34 % week - over-week, while WTI oil prices jumped to a 2 1/2 - year high near $ 56.

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.

Oil has now dipped seriously, even at about 41 Dollars per barrel from a price of over 100 Dollars, Nigeria still can not sell her oil in the international markOil has now dipped seriously, even at about 41 Dollars per barrel from a price of over 100 Dollars, Nigeria still can not sell her oil in the international markoil in the international market.

In June a much - touted report by Leonardo Maugeri — an Italian oil executive now at the Geopolitics of Energy Project, based at Harvard University and part - funded by BP — forecast that far from running out of oil, this decade will see the strongest growth in production capacity since the 1980s and a «significant, stable dip of oil prices».

On the flip side, your 25 cent per gallon «downside protection» means that the average daily spot price of oil would need to dip below $ 2.00 / gal throughout the upcoming heating season before you broke even.

After dipped as low as $ 42, crude oil prices are back near $ 50 a barrel.

Typically, the cost per square foot for a new home is quite a bit higher than resale homes, but the recent dip in oil prices has really eroded the premium builders can charge for these new houses.

Oil producers in those regions are already cutting rig counts — worried that if crude prices dip too low, wells won't turn a profit.

This reduction applies mostly to the company's oil sand deposits in Canada, which are expensive to extract and use, and therefore particularly sensitive to dips in oil prices.

The dip in oil subsidies in 2016, and the higher share of electricity, reflect some short - term price developments but also reveal a new set of challenges to remove them.

In other words, on a short - term basis, the overall storyline at a macro level is that the dip in oil prices is a relative nonevent when viewing the Texas legal market as a whole.

Specifically, some market watchers believe that law firms with significant energy - related practices have experienced precipitous declines in revenue and profits due to the dip in oil prices.

Soper says the closure was not directly related to the dip in oil prices.

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.