Sentences with phrase «oil prices rise higher»

«If oil prices rise higher, that will increase the pressure on prices.»

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.

LONDON, May 1 (Reuters)- 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. Federal Reserve will flag more interest rate hikes this week.

Bets on rising crude prices are close to a near - record high,» PVM Oil Associates strategist Stephen Brennock said.

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...

«That rise in U.S. production and further rises in U.S. production will put a cap or a damper eventually on higher oil prices,» Behravesh said.

NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.

Nonetheless, Saudi Arabia's economy is still largely predicated on oil and, with oil prices rising on the back of Saudi - led OPEC and non-OPEC producers curbing oil supply, the kingdom's finance minister said he welcomed higher prices but they would not affect spending limits.

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.

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

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

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.

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.

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).

Oil prices have skyrocketed around 40 percent since the middle of 2017, with Brent crude rising to multi-year highs above $ 71 a barrel, before a pullback last week wiped out its gains for 2018.

Brent crude, the international benchmark for oil prices, rose to $ 70.37 on Monday, while U.S. West Texas Intermediate crude reached $ 64.89 on Tuesday, both hitting more than three - year highs.

Oil prices rose to their highest since December 2014.

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

The S&P 500 gained 0.7 percent to finish at 2,767.56 and reached an all - time high, with energy surging on the back of rising oil prices.

* The energy group climbed 1.0 percent, as oil prices rose to new two - and - a-half year highs.

BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.

Rising oil prices are driving fuel prices higher.

Sales at gasoline stations rose 0.9 %, but that had more to do with higher oil prices than stronger demand.

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.

LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts.

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.

Low unemployment, tax cuts, rising wages, higher oil prices, record market highs — do we need the infrastructure spending to boost the economy?

SUE HERERA, NIGHTLY BUSINESS REPORT ANCHOR: Crude climbs, oil prices rise to their highest level in years as tensions escalate in the Middle East.

The price of a gallon of gas reached a three - year high last week and is poised to climb even higher in the next couple of weeks, thanks to rising oil prices and seasonal trends.

Because the Canadian dollar has held its own against the US dollar in this context, largely due to higher oil prices, it has also been rising against most other currencies.

Among commodities, oil prices moved higher as fears about rising US shale production abated somewhat, and market participants began giving more weight to the effectiveness of supply cuts by members of the Organization of the Petroleum Exporting Countries and several other large oil - producing countries.

Oil prices have risen as high as $ 75 a barrel for the first time in four years.

A large part of the rise in the September quarter reflected the impact of higher oil prices and the importation of a number of lumpy capital imports, including some civil aircraft and defence equipment.

Higher oil prices would reinforce current market trends based on reflation: rising long - term bond yields and a shift out of perceived safer assets — bond proxies and low - volatility stocks — and into cyclical assets such as EM.

The large CPI rise was partly attributable to some temporary or industry - specific factors, most notably higher international oil prices.

Going forward, as I mentioned earlier, a number of characteristics in the marketplace or in the economy would argue for gold — whether that's monetary policy or rising inflation expectations on the back of higher oil prices and job growth.

A large part of this rise in export earnings reflected the higher price of oil and the resumption of production at a number of oil fields on the North - West Shelf.

This figure is a good deal higher than the 1.7 per cent for the latest year - ended rise in the CPI, but the pick - up includes the effect of dropping out the impact of the health insurance rebate, which reduced the CPI in the March quarter 1999, some further effects from past movements in crude oil prices, and an increase in tobacco taxes in the December quarter.

Santos chairman Keith Spence said the substantial rise in the oil price since US predator Harbour Energy made its indicative buyout overtures will need to be reflected with a higher proposal if it makes a firm and binding bid after due diligence is finished in the next two weeks.

If oil prices continue to stay above the level assumed in the March 2011 Budget, and commodity prices continue to rise then corporate profits will be higher and the revenue savings resulting from keeping the rate at 18 % could actually be higher than in the Liberal platform.

You should start seriously thinking about how to invest in gold now before precious metals prices rise any higher in tandem with oil levels.

Oil prices and the US Yields to dictate the pace this week While geopolitical tensions remain bubbling under the surface, rising oil prices and higher US yields suggest investors are likely to deal with increased volatility as a broad range of political,... Read mOil prices and the US Yields to dictate the pace this week While geopolitical tensions remain bubbling under the surface, rising oil prices and higher US yields suggest investors are likely to deal with increased volatility as a broad range of political,... Read moil prices and higher US yields suggest investors are likely to deal with increased volatility as a broad range of political,... Read more

Oil prices pushed lower for most of last week on the news that U.S. commercial crude inventories rose to the highest level for this time of the year in at least 80 years, though prices reversed sharply on Friday.

That rise is made worse by the depreciation of the US dollar (in contrast to the case for Australians, who at least have had the benefit of a high Australian dollar in dampening the rise in oil prices).

Most believed interest rates finally would rise, and oil prices would also push higher.

The first price chart below shows that the levels for the Cboe Crude Oil Volatility Index (OVX) were higher than those for the VXST and VIX indexes in January, but today the the VXST and VIX rose much higher than the OVX Index — in general, implied volatility now is higher for the S&P 500 than it is for the USO Oil ETF.

While the market continues to communicate concern over rising levels of shale production, this bullish inventory data coupled with a slightly softer USD profile, it's easy to see why oil prices are finding fresh session highs going into the NY close.

Historically, such widespread unrest would have caused global oil prices to march higher, but instead of rising against the backdrop of heightened geopolitical risks, Brent, the global price benchmark, has recently sunk below $ 100 a barrel.

Oil prices and the US Yields to dictate the pace this week While geopolitical tensions remain bubbling under the surface, rising oil prices and higher US yields suggest investors are likely to deal with increased volatility as a broad range of political, economic and financial events unfolds US Core PCE, GDP price index, personal consumption data areOil prices and the US Yields to dictate the pace this week While geopolitical tensions remain bubbling under the surface, rising oil prices and higher US yields suggest investors are likely to deal with increased volatility as a broad range of political, economic and financial events unfolds US Core PCE, GDP price index, personal consumption data areoil prices and higher US yields suggest investors are likely to deal with increased volatility as a broad range of political, economic and financial events unfolds US Core PCE, GDP price index, personal consumption data are...

NEW YORK The dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil prices fuelled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.