Sentences with phrase «oil prices rose following»

Markets were mixed on Wednesday and then surged higher in afternoon trading, led by the energy sector as oil prices rose following President Trump's withdrawal from the Iran nuclear deal.

Offshore drilling stocks, other oil and gas stocks and oil prices rose following the Trump news Thursday afternoon.

Not exact matches

The flat growth in the core consumer price index (CPI), which includes oil products but excludes volatile fresh food prices, matched a median market forecast and followed a 0.1 % rise in December, data from the Internal Affairs Ministry showed on Friday.

The price of U.S. oil rose Wednesday following reports that Washington is studying whether to lift a longstanding ban on crude oil exports.

Oil prices rose, reversing earlier losses, after a North Sea pipeline shut for repairs and investors focused on commodities following the New York blast.

Having peaked ahead of the Iraq war and fallen sharply following its commencement, the price of West Texas Intermediate crude oil has since risen again, amidst uncertainty about the resumption and continuity of Iraqi export supply.

Following an agreement late last year among members of the Organization of the Petroleum Exporting Countries and several other large oil - producing countries to restrict supplies, prices rose and largely held their gains as participants appeared to be mostly complying with the terms of the deal.

For example, when oil prices are rising, most stocks in oil - producing companies will follow suit.

For example when oil prices are rising, oil stocks tend to follow suit.

The spike in oil prices that corresponded with Israel's Prime Minister speech (and the following drop following the news) revealed that there is clearly more room for oil prices to rise depending on Trump's decision.

After declining over the first half of September as US inventories increased and US demand eased, prices rose following OPEC's unexpected decision to reduce oil production quotas by around 3 1/2 per cent, effective from November.

Oil prices, yesterday, resumed their free fall, with Brent crude, similar to Nigeria's sweet crude grade, falling 2.6 per cent to $ 31.34 a barrel following a 10 per cent rise on Friday, while U.S. oil shed 95 cents to $ 31.Oil prices, yesterday, resumed their free fall, with Brent crude, similar to Nigeria's sweet crude grade, falling 2.6 per cent to $ 31.34 a barrel following a 10 per cent rise on Friday, while U.S. oil shed 95 cents to $ 31.oil shed 95 cents to $ 31.24.

But in this case, the country's migration west followed a rise in oil prices, fuelling a construction boom that helped drive up median incomes and drive down poverty rates.

With oil prices as low as they are, now would be a perfect time for other countries to follow Morocco's lead — either slashing oil, coal and gas subsidies or raising their gas taxes before prices start to rise again.

I have no doubt that your blog entry will be followed by the usual responses: those who deny the existence of global warming, those who deny the link between greenhouse gases and global warming, those who insist there still isn't enough evidence, and those who can not see beyond the rising prices of gasoline and heating oil.