Sentences with phrase «oil prices means»

The fall in oil prices means that they have to find the revenue to bankroll their states.

Yes potentially longer - term low oil prices means the risk of lower earnings next year are increased.

At the same time, a falling Canadian dollar, combined with low oil prices means that US assets increase in value if priced in CAD.

The increase in gas prices due to higher crude oil prices means OPEC is canceling out the gains of US consumers from the recent US tax bill.

Lower oil prices means lower fuel surcharges to UNP.

While gold is often considered an inflation hedge, Julius Baer said in a note, the fact that price pressures were being driven by confidence about growth rather than dollar weakness and rising oil prices meant it was failing to react positively.

Norwegian Cruise Line President and CEO Frank Del Rio speaks about the state of the cruise industry and what things like tax reform and oil prices mean for the business.

Samuels said that while the state has among the largest budget reserves of any state, at a projected $ 10.4 billion by the middle of next year, continued low oil prices mean legislators will face some tough decisions when they return to Austin in January.

Since plastic is made from petroleum, rock - bottom oil prices mean that it's cheaper for producers to simply make new plastic than use recycled material.

A low oil price means investors don't spend any money adding new supply.

Separately, climbing oil prices mean added fuel surcharges ahead of the busy summer travel season.

2) Low oil prices mean difficult - to - decarbonize sectors of the economy — like long - haul trucking and aviation — get even more difficult to decarbonize on a relative basis, increasing the demand for indirect GHG abatement options (such as CDR).

Low oil prices mean an increase in consumers» disposable income, amounting to nearly $ 2,500 per U.S. household annually, according to Stephen Brown (see below).

Not exact matches

The price of oil has risen to its highest since late 2014 this month, driven by concern over the potential for disruption to Iranian crude flows, but analysts say the degree of uncertainty hanging over the deal means the market is extremely sensitive to any developments.

Either of these meant that, relative to world prices, Canadian oil was trading at a significant discount in Alberta.

LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...

Shell's Chief Executive Officer Ben van Beurden said the oil sector had yet to emerge from troubled waters, but huge cost savings meant oil majors were getting closer to balancing their operations at today's oil prices of around $ 50 a barrel.

That means there's a new higher floor under oil prices as the peak summer demand season approaches, and it also makes the market vulnerable to a «super spike» if there's any significant supply disruption.

In the oil markets, that means that if traders will pay more to lock in a shipment at a given price several months away than they would for delivery next month, the market's in contango.

While summer is meant to be the season where oil prices hit their annual highs, the price of crude oil has plunged recently.

When the Bank of Canada cut interest rates in 2015 to offset the collapse of oil prices, it was worried about more than a blow to gross domestic product; it was also thinking about what mass firings in the oil patch could mean for the financial system.

The depressed prices mean lower prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's oil industry, which spent billions on oilsands projects after world crude prices had risen high enough to justify the investment.

This does not necessarily mean that low oil prices would guarantee a deficit, a government committed to balancing the books can ensure surpluses through spending deferrals or further raiding of Employment Insurance premiums, though those create their own problems.

??? But the price of corn is going to be high enough that people are going to want to plant corn, only that corn acreage is going to come in and infringe on the soybean,» he says, adding that increased Chinese demand for soybean oil will mean fewer acres for cotton — putting even more pressure on an industry that's already feeling the pinch.

With nearly half of all American families seeing one fifth of their spending go to oil, gas, and gasoline, a sustained drop in prices means an immediate and significant stimulus.

High demand for diesel and home heating fuel in particular means refineries are willing to pay more for crude oil, said Tom Kloza, global head of energy analysis at Oil Price Information Servioil, said Tom Kloza, global head of energy analysis at Oil Price Information ServiOil Price Information Service.

This means that current oil prices are higher than prices for crude deliveries in the future.

At the end of last year, the price of a litre of diesel was 59.64 rupees, meaning it has risen by 10.5 percent so far this year, not quite keeping pace with the rise in Brent crude oil.

President Trump's pick for national security advisor signals a willingness by the administration to take a more hard - line stand against adversaries like Iran or Venezuela — and that could mean higher oil prices.

The fall in global commodity prices has also hurt the company: Cheaper oil, for one, means that offshore drillers have less need for General Cable's heavy - duty products.

For the first time since oil prices crashed, strong job growth has the Bank of Canada worried about inflation, meaning higher interest rates are coming

With approval of the Keystone Pipeline it could mean more Canadian crude oil is coming to the U.S. CNBC's Jackie DeAngelis is in Nebraska, at the pipeline pumping station with a look at its impact on oil prices and exports.

That's because oil prices have stabilized, and also because traders appear to assume a stronger U.S. dollar means the Canadian currency should be stronger too.

The rollercoaster ride in oil prices over the past three years may be old hat to investors familiar with the commodity's historical sensitivity to macro events (see chart below), but oil price volatility is by no means endemic and several factors are now lining up to suggest a calmer period for crude may lie ahead.

This could mean that the gap in the price of oil between two markets may rise to 0.4 percent rather than 0.3 percent before arbitragers whittle it down again.

In an interview, Kolko said property values in oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.»

Still, «while the market does look weak from a fundamental perspective, sub - $ 40 [Nymex] oil means a lot of bad news is being priced in,» he said.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

A survey of 12 oil price estimates compiled by Bloomberg found a mean estimate of $ 47 per barrel by the end of 2016.

It's not just American companies that have grown lean and mean in this climate of lower oil prices.

Even if President Obama approved Keystone XL or the National Energy Board gave the green light to Energy East, falling commodity prices mean that soon there might not be enough oil flowing out of northern Alberta to fill those new pipelines.

Relying on high cost oil means oil prices must remain high to keep everything on track.

This means that new oil supply can come back on stream profitably — especially in US shale plays — at lower prices than before, perhaps putting a lid on further price increases.

What that means is there are a lot of people who bought larger vehicles when oil prices were dramatically cheaper last year, and are paying the price when it comes time to fill up.

Just imagine what that could mean for Canada under a new, rewritten NAFTA that triggers a renegotiation whenever the U.S. develops a trade deficit with Canada: when oil prices go up, trade rules for other goods from cars to cattle could be rewritten, creating uncertainty for exporters.

Hedge fund manager tips $ US300 oil price: Pierre Andurand, one of oil's most prominent hedge fund managers, said the current reluctance of energy companies to invest in new production meant $ US300 a barrel was «not impossible» within a few years.

This means that Western Canadian Select, currently trading at 37.27, is already below that much - hyped $ 40 mark, and while Brent oil prices fell nearly 50 cents on Thursday, Qatar's Marine blend was up by a dollar.

So, what will those rising oil prices and rising tensions in the Middle East mean for the stock market?

If economic growth is leading to an increase in the demand for oil and bidding up its price, then the higher price means things are going well.

OPEC's surprise deal means that oil watchers are going to have to go back to the drawing board and substantially revise up their forecasts for crude prices in 2017.