Sentences with phrase «oil prices jump»

Oil prices jumped after Netanyahu said Israel has evidence that Iran lied about its nuclear program after signing the 2015 agreement with global powers.
Oil prices jumped Tuesday as investors grew more confident that a trade dispute between the United States and China could be resolved.
NEW YORK, April 11 (Reuters)- Oil prices jumped on Wednesday, hitting their highest in more than three years on Wednesday after Saudi Arabia said it intercepted missiles over Riyadh and U.S. President Donald Trump warned Russia of imminent military action in Syria.
Oil prices jumped on Monday but fell by more than 3 percent by midday Tuesday as talks dragged on.
Crude oil prices jumped a percent today on comments from Saudi Arabia's Energy Minister Khalid al - Falih, who said he expected the OPEC + production cut deal would be extended into next Continue Reading
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 this situation had been developing for a few decades, it was not until Hurricane Katrina in 2005, when oil prices jumped above $ 60 a barrel and U.S. gasoline prices climbed to $ 3 a gallon, that the situation came into focus.
With OPEC cutting oil production output, and oil prices jumping past $ 66 a barrel (WTI) it's awakening the oil patch.

Not exact matches

The price of oil dropped Tuesday after a big jump a day earlier over jitters that Russia's military advance into Ukraine could result in economic sanctions against one of the world's major energy suppliers.
Basic resources jumped 1.22 percent as a sector, supported by an uptick in metal prices, while oil stocks fell as investors doubt that the recent rally in prices will last.
Enerplus said its average realized selling price for oil jumped 22 per cent to C$ 65.91 in the fourth quarter.
Oil supply concerns are greater for Europe, where crude prices have jumped even higher due to the region's larger energy reliance on MENA.
One oil bull did jump into the fray: «The price of oil will be $ 1,000 a barrel in 20 years.»
Halliburton reported a 34 percent jump in first - quarter revenue on Monday as rising oil prices prompted North American companies to boost oil and gas production.
Gold, oil and Treasury prices jumped on Wednesday after President Donald Trump warned Russia that missiles «will be coming» to Syria.
NEW YORK (Reuters)- Oil jumped as much as 3 percent on Tuesday as a weak dollar propped up commodities, but crude prices came off their highs in post-settlement trading on signs of another big U.S. supply build last week.
In March this year, the International Energy Agency (IEA) said that unless the industry approves fresh investments in new projects, global oil supply may be struggling to catch up with demand after 2020, which could result in a sharp jump in oil prices.
HOUSTON, April 26 U.S. oil producer ConocoPhillips said on Thursday its first - quarter profit jumped 52 percent due to rising crude prices and cost cuts.
Oil prices rose on a drop in supply of 1.1 million barrels, with West Texas Intermediate futures jumping to $ 68.47 per barrel, a three - year high.
HOUSTON, April 26 (Reuters)- U.S. oil producer ConocoPhillips said on Thursday its first - quarter profit jumped 52 percent due to rising crude prices and cost cuts.
Helped by a more than 4 percent jump in oil prices, the S&P 500 ended Wednesday with a 1.2 percent gain at 2,064.
Oil prices have arisen from the lows set in March, but a glut of inventory and few catalysts for dramatic jumps in global energy demand suggest 2015 earnings will likely be less than half of last year's tally.
From 2002 to 2012, oil prices went from about US$ 25 per barrel to more than US$ 100 per barrel, leading to a jump in our national income.
Oil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productiOil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productioil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude production.
Oil moved back into bull market territory this week, with Brent prices jumping to a more than two - year high at $ 58 per barrel.
The leap is not all explicable by the 36 per cent jump in crude oil prices in the interim, nor by the significant improvements on costs and break - even levels made under chief executive Kevin Gallagher.
Since 1999, the price of West Texas Intermediate — one of the price benchmarks for oil used today in the market — has jumped by nearly 700 %, reaching a peak of $ 147 in 2008.
Oil futures jumped nearly 3 per cent on a decline in US crude inventories and after sources signalled Saudi Arabia wants to see the crude price closer to $ US100 a barrel.
We've been focusing closely on the jump in metals prices, particularly aluminum and nickel in addition to oil but quietly food prices have broken out to an 8 1/2 month high.
Crude oil prices have jumped to almost one - year high's on Monday in a shocking turn of events as Russian President Vladimir Putin disclosed that Russia was ready to join the cartel's efforts to reduce global oil supply.
Over the last decade, they benefited from a spectacular jump in oil prices, which rose from $ 22 per barrel in 2003 to $ 147 per barrel in 2008 and remained high, for the most part, until recently.
«The numbers we ran in terms of savings were pre - the large jump in oil prices,» she notes.
The Aloha State burns oil to make electricity, and prices for the fuel have jumped in recent years, igniting demand for alternatives.
The average price of propane is projected to go up 14 percent this winter, while heating - oil prices are expected to jump 24 percent.
Higher oil and gas prices and the company's reduced costs have spurred a jump in cash flow for this producer.
And that disappointing bit, plus the very hard drop in oil prices at the time, prevented the Loonie from jumping even higher.
With the world country deprived most of its known reserves of a substantial new supply, oil prices would jump, let's say, fivefold.
Postscripts: Of course, this thought experiment suffers from the reality that crude oil prices, in a global market, don't jump based on a single region's troubles.
(And when oil prices do jump, that prompts conservation in rich countries but real economic hardship in poor ones, so it's not something to be wished for.)
After the jumps in oil prices in the 1970's demand did ease, but memories were short.
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«Investors who jump aboard the oil price rollercoaster will feel sick if it drops suddenly again.»
The IEA predicts that carbon - intensive coal could jump 65 percent by 2035, and that oil prices are likely to hit $ 150 a barrel.
If the price of oil jumps to $ 100 a barrel, the price of grain will follow it upward.
The reasons for this jump in gas prices include increased demand as drivers get out to enjoy the warm weather, routine maintenance at oil refineries and the switch to summer formulations at those refineries.
Chiron Refineries LTD (TASE: CHR), a company which focuses on developing oil refineries in Africa, has announced to investors on Tuesday morning that it is entering the cryptocurrency market and its stock price quickly jumped up close to 60 %.
Thanks in large part to geopolitical instability in several of the world's key oil producing countries, including Iraq, Nigeria, Russia, and Venezuela, the price of a barrel of oil has jumped 67 percent over the last 12 months, to above $ 50 in late 2004 from about $ 30 at the beginning of the year.
Notwithstanding price jumps in oil and natural gas, particularly after Katrina and Rita disrupted supplies by damaging processing and transportation facilities on the Gulf Coast, inflation continues to be modest.
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