Sentences with phrase «oil prices rise by»

[13] These sales losses were thought to be unrecoverable; however, the 1979 energy crisis saw Australian oil prices rise by 140 percent, putting substantial strain on the automotive industry to collectively downsize, a change that Holden had already done.

Oil prices rose by nearly $ 5 a barrel on concerns that a US and allied attack on Syrian military installations would lead to a wider war.

Not exact matches

The comments reflect those made by Saudi Oil Minister Khalid Al - Falih who this month said that oil prices could rise to $ 75 without causing economic damaOil Minister Khalid Al - Falih who this month said that oil prices could rise to $ 75 without causing economic damaoil prices could rise to $ 75 without causing economic damage.

Our energy sector has been hurt partly by low natural gas prices and the discount placed on Canadian oil compared to world benchmarks, but gas and oil prices have generally been flat or on the rise.

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.

SINGAPORE, April 26 - Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will reimpose sanctions on Iran, a major oil...

SINGAPORE, May 2 - Oil prices rose on Wednesday, lifted by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

With operating net profit — or profits before taxes and interest — up by 30 percent to 978 million euros, Eni CEO Claudio Descalzi said that Eni's results were «over and above the rising price of oil.»

LONDON, May 2 - Oil recovered some ground on Wednesday after the previous day's slide, helped by concerns about possible renewed U.S. sanctions on major exporter Iran although price gains were capped by rising U.S. supply.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the...

Oil prices in recent weeks rose on concerns that sanctions by the U.S. on Iran would squeeze supply further.

SINGAPORE, April 26 - Oil prices rose on Thursday, supported by an expectation that the United States will re-impose sanctions against Iran, a decline in output in Venezuela and ongoing strong demand.

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.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the Petroleum Exporting Countries (OPEC).

Oil prices rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and ongoing strong demand.

Oil prices have risen this month to their highest since late 2014, driven by concern over potential disruptions to Iranian crude flows.

In this case, oil prices would rise above US$ 100 / bbl again and the C$ would be above parity by the end of 2012 with the TSX energy, materials, and industrial sectors moving higher.

In 2015, oil prices tumbled and U.S. GDP grew by 2.6 %, but capacity from the three «network» carriers formed by mergers — American, United, and Delta — rose only 2.1 %.

Among commodities, oil prices extended losses after being pressured by the dollar's bounce and rising U.S. crude output.

The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.

LONDON, April 23 (Reuters)- Hedge fund managers have never seemed so convinced that oil prices are set to rise rather than fall in the near term, according to the latest positioning data published by regulators and exchanges.

«Oil market «locked», almost all funds expect further price rises», Reuters, March 27 (Editing by Edmund Blair)

Shell led the charge, more than tripling profits in the second quarter from a year ago, boosted by its refining and chemicals business and a 16 percent rise in oil prices.

Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricOil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricoil and gas prices.

OPEC wants to keep oil prices relatively higher than they have been in recent years, having lost $ 76 billion in 2016 due to cheap oil caused by rising American and Iranian oil production, according to a report by the US Energy Information Administration (EIA).

Rationale: Valero and Hess were unaffected by Hurricane Sandy and are set to benefit from a turnaround in China and rising oil prices.

SINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.

Oil market locked, almost all funds expect further price rises, Reuters, March 27 (Editing by Mark Heinrich)

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.

In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oil.

There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.

Despite higher oil prices — projected to reach roughly US$ 125 per barrel by 2035 — oil consumption is expected to rise 23 % by 2035.

Potential oil price rises are «very much capped» by the availability of short - cycle oil production from the US, Neil Atkinson, head of the oil industry and Markets Division at IEA said.

After an ugly six weeks in January and February when stocks and oil prices tumbled in tandem, shares in the U.S. and much of the rest of the world have recovered nicely, with the S&P 500 on track to rise by just under 10 % for the year.

The U.S. fuel margin decreased 17 per cent to 15.66 cents per gallon driven mainly by the volatility from a rapid rise in crude oil prices in the quarter.

SINGAPORE, May 3 (Reuters)- Oil prices fell early on Thursday, pulled down by a rise in U.S. crude inventories and record weekly U.S. production, which is countering efforts by producer cartel OPEC to cut supplies and prop up prices.

The Consumer Price Index, put out by the Department of Labor, rose steadily before flattening out, as oil prices leveled off heading into summer.

SINGAPORE, May 2 (Reuters)- Oil prices rose on Wednesday, pushd up by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

MILAN (AP)-- Italian gas and oil company Eni says first - quarter profits dropped slightly as production grew by 4 percent amid rising oil prices.

The 10 - year U.S. Treasury yield rose 5.2 basis points to 3.035 percent on Wednesday, driven by worries about the growing supply of government debt and inflationary pressures from rising oil prices.

Even if prices are expected to rise by the end of the year since high oil prices will no longer appear in the data, the number will be far from the «below but close to 2 %» target.

HOUSTON ConocoPhillips, the world's largest independent oil and gas exploration and production company, posted a bigger - than - expected first - quarter profit on Thursday, helped by rising crude prices and cost cuts.

The initial enthusiasm over OPEC's production cut deal died out rather unceremoniously, and oil prices only enjoyed a brief rally, hammered down continually by rising U.S. supply and slower - than - expected drawdowns on inventory.

Ottawa has bet heavily that Asian demand would continue to support ever rising oil prices and, by extension, bitumen production.

NEW YORK Oil prices rose on Thursday, boosted by OPEC production cuts and the potential for new U.S. sanctions against Iran, but gains were limited by growing U.S. crude inventories.

A poll conducted by Associated Press - GfK in late March — when oil prices had already risen 26 per cent since the start of the year to US$ 108 a barrel — revealed that two - thirds of Americans expected rising gasoline prices to cause hardship for them or their families in the coming months.

My predictions of steadily rising oil prices over the last decade, including my call for $ 100 - per - barrel oil by 2007, had flown in the face of conventional wisdom.

As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000 - barrel draw in U.S. crude oil inventories, the EIA added fuel to the celebratory mood.

Just as we saw during the Arab Spring of 2011, oil prices are currently rising on the back of concerns that the supply from the region could be affected by the current political unrest in Egypt.