Sentences with phrase «oil prices remained»

Oil prices remained relatively unchanged this week.
The price collapse itself lasted for 5 years but oil prices remained below $ 90 per barrel in real dollars until 2007, almost 27 years.
After the rig - count data release, crude oil prices remained weak alongside stocks and bonds.
At that time, it seemed new oilsands plants would generate a reasonable return on invested capital as long as oil prices remained at around U.S. $ 18 / bbl.
«These (risks) include the possibility of a sharp tightening of global financial conditions, growing trade tensions, and geopolitical strains — while the outlook for oil prices remains subdued and highly uncertain,» the report said.
This impact would not be as immediate but something owners should consider if oil prices remain low for a prolonged period of time.
Chief Financial Officer Brian Gilvary said the London - listed company might consider raise the dividend later this year if oil prices remain near current levels and debt declines.
That's especially likely to be a developing problem this autumn, if oil prices remain low and many firms will see their price hedges starting to roll off in large quantities.
In real terms oil prices remain quite low, around the average level recorded since the mid 1980s.
What is clear is that the longer oil prices remain low, the greater the hardship will be on the Gulf's population.
Based on past relationships, and assuming crude oil prices remain around the October average level, this increase in crude oil prices would directly increase the CPI by a little over 0.6 per cent.
This prediction was based off the assumption that oil prices remain above $ 100 per barrel.
Risks to be aware of Oil service companies might be forced to break, cancel, or alter some of these contracts if oil prices remain low for several quarters.
Some of this new capacity is already under contract, but if oil prices remain low for several years, expiring contracts might be replaced with new deals for less demand, and at far less favorable prices.
But Anadarko sees oil prices remaining low.
However, Gaimin Nonyane, head of economic research at Ecobank, said she expects the positive growth trajectory to be maintained for the foreseeable future — as long as forex market liberalisation continues and assuming oil prices remain at current levels with no further disruptions to oil production.
Your July cover story could not be timelier as oil prices remain volatile.
If oil prices remain high and governments make progress on their emissions goals, there's a possibility that the world has already hit peak oil, and that the next few years will see its use plateau for a while before dropping again.
If oil prices remain low, or fall further, then the firm will likely be forced to cut its dividend in the near future.
We continue to believe that the dividend is safe for at least the next 6 - 8 quarters, even if oil prices remain depressed.
However, if oil prices remain at or below $ 50 for a prolonged period of a few years, an uptick in default risk becomes more likely, though the risk would probably remain manageable in the context of historical default levels.
Nothing wrong with moving on, and your decision could look especially wise if oil prices remain near $ 40 per barrel!
If the oil price remains high by historical standards, demand for Bolt's products may reward investors for years to come.
Similarly, while some fuel - importing nations may see an overall benefit in terms of their trade deficits, there are plenty of oil producing countries who will lose out as demand falls and oil prices remain depressed.
But if oil prices remain above about $ 70 per barrel, sufficient investment will occur to sustain continued growth in production, possibly leading to a stable phenomenon of oil overproduction after 2015.
But the average oil price remains high, approaching $ 120 / barrel (in year - 2010 dollars) in 2035.
If oil prices remain low, some rollback of EPA mobile source greenhouse gas regulations may also become politically feasible.
As oil prices remain low, interesting in risky and remote drilling may seem like a less profitable option to oil companies.
Meantime, whilst the oil price remains subdued, clients may seek to diversify into related industries where the same technology and skills base can be applied.
Other states that will be hit, but to a lesser extent, are North Dakota, Oklahoma, Colorado, New Mexico, Wyoming and, if oil prices remain depressed for a while, West Virginia (because of the price substitution effect between natural gas and coal).
While there have been a range of political issues in countries like Saudi Arabia and Qatar that may be contributing to the slowdown, the decline largely relates to oil prices remaining around $ 50 a barrel.

Not exact matches

And even if that doesn't happen, current prices remain too low to encourage new investment in the oil sands.
Against three - digit world oil prices, these costs may seem competitive, but a look at some historical figures reveals why investors may remain nervous about oilsands cost inflation.
NEW YORK, May 1 (Reuters)- Oil prices slid more than 1 percent on Tuesday as the dollar remained near a four - month high, but worries that U.S. President Donald Trump will pull out of the Iran nuclear deal underpinned the market.
Oil prices slid more than one per cent on Tuesday as the US dollar remained near a four - month high, but worries that US President Donald Trump will pull out of the Iran nuclear deal underpinned the market.
The general view among industry pundits was that price swings would remain relatively low, with oil trading between $ 50 and $ 60 a barrel — exactly what unfolded.
«Lower oil prices continue to be a significant challenge across the business, and the outlook remains uncertain,» van Beurden said.
That could throw a wrench in plans for the oilsands, which require high oil prices to remain profitable, and crimp much of the manic exploration activity in mining.
Western Australian exporters expect a tough three months ahead as business adjusts to the impact of higher oil prices and exchange rate fluctuations, but the longer - term outlook remains strong.
Higher oil prices need to be watched, but inflation signs in Asia remain mostly in check, says Frederic Neumann of HSBC.
«Market fundamentals remain supportive, as crude oil prices are relatively rangebound, providing stability to customers as they evaluate projects,» said Baker Hughes Chief Executive Officer Lorenzo Simonelli in a statement.
If oil companies want to remain in the game, they must invest, accept the price cycle, and manage it as best they can.
The Governing Council called the economy's adjustment to the collapse of oil prices «uneven» and that business investment and intentions to invest remain «disappointing.»
Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»
The bank believes the oil market is likely to remain undersupplied in 2018, which should keep prices in backwardation.
As long as production levels stay high, the outlook for oil prices will remain weak, as will the Canadian dollar, the TSX and the job prospects for those in Alberta and Newfoundland and Labrador.»
This trend has reversed in recent weeks, with larger discounts applied to global and Canadian heavy crude leading to bitumen prices remaining low while world oil prices have gained some of the lost ground.
Phillip Streible, RJO Futures, thinks oil prices will remain under pressure.
The oil market remains in what's known as contango — with the future price of crude trading at a higher level than today's spot price.
Crude - by - rail shipments are expected to ramp up in the second half of this year and into the first half of next year to «very material volumes of oil,» Pourbaix said, adding price discounts will improve but will likely remain higher than usual because rail costs more than pipeline transport.
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