Sentences with phrase «oil prices stay»

Houston & Dallas: As long as oil prices stay strong (oil was hovering near $ 44 a barrel at this writing), office, retail, and industrial warehouse demand should be stable.

It depends, how long will crude oil prices stay low?

Oil Production Forecast Alberta's Energy Resources Conservation Board (ERCB) has released a report predicting that the province will go from 1.32 million barrels of raw bitumen per day in 2007 to 3.2 million barrels per day in 2017 (and who knows, if oil prices stay high, they could ramp it up even more quickly).

If the oil prices stay low and U.S. shale oil extraction becomes uneconomic, maybe oil workers can find a new career in clean energy...

If oil prices stay firm or rise from these levels, we would look at the 7 %,» Abheek Barua, chief economist of HDFC Bank told Reuters news agency.

But will oil prices stay this low if the economy recovers later this year, as some economists have predicted?

But if oil prices stay too low for too long, they will no longer be able to afford to keep purchasing CO2.

Sergei Guriev, a former advisor to the Russian government, told CNBC that, should oil prices stay at their near - record lows of around $ 82 a barrel, Russia, which is basing its economic forecasts on a much higher oil price, would face a «serious problem.»

If oil prices stay where they are now, Russia's economy could be in serious trouble and could face recession in the coming year, analysts warn.

But if oil prices stay low, Petronas» dividend cut could be just the beginning.

All three companies are risky though in the sense that if they can not find a buyer, their future is in doubt assuming oil prices stay low.

Assuming oil prices stay in this narrow range, we believe there are some important implications of lower oil price volatility for investors:

Furthermore, it is relatively easy to come up with plausible scenarios where oil prices stay flat or even fall, usually involving some combination of a slowdown in China's economy and state - owned enterprises increasing oil production to make up lost revenue through increased volumes.

Sure, many analysts see oil prices staying depressed through this year, and the most pessimistic see oil prices staying low for several years.

Though buyouts are rare in the cyclical industry, it could make sense for investors willing to bet on a Malaysian recovery and on oil prices staying low.

The last time oil prices stayed low for a very long time was the 1980s and 1990s.

What this argues for is crude oil prices staying lower for a longer period of time — my guess is between $ 30 and $ 50 per barrel of Brent - type crude.

So long as the conventional crude oil price stays above 31.5 USD2006 / boe (excluding profits) it is profitable to extract oil sands.

Not exact matches

Given the optimistic oil price predictions in the budget, further tough decisions may be necessary in the future if the budget is to stay balanced.

Depressed oil prices should be spurring some takeovers for the energy space, but if the sector's big dogs no longer believe oil could stay above $ 40 a barrel or if they know about pitfalls the market is not seeing, that could threaten the M&A prospects, Cramer said.

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.»

Of course, there's a chance that oil prices will stay around US$ 60 for an extended period or even continue to drop, especially if there's another economic crisis or a worry that one is about to occur.

Rive argues that it should stay underground, that the oil majors look at the world through petroleum - coated lenses, and that the benefits of solar are so obvious that once the price becomes more competitive, fossil - fuel use will plunge.

Crude oil futures are at just over $ 44 / barrel, after the International Energy Agency forecast prices would stay in the doldrums through 2020.

And most experts think the loonie will stay low for the foreseeable future, due to depressed oil prices and the country's deteriorating terms of trade.

Helms also said that oil sands production levels could dip below one million per day before the end of 2016, if prices stay below the $ 50 / bbl.

Many analysts also expect oil prices to stay in a narrower range over the next year, according to a June 2017 survey data from Bloomberg.

After crashing last year and then hitting several peaks and valleys, oil prices have traded within a relatively narrow range, with WTI bouncing around a bit above and below the $ 60 per barrel mark, and Brent staying near $ 64 per barrel.

If capital continues to flow to unconventional oil companies and OPEC's resolve stays firm, oil prices could average near the present range for many years.

Early into this year, analysts and investors were way more optimistic about the oil price recovery, but as global inventories continued to stay high and OPEC lost its market charm with the cuts and compliance, prices started dropping again, and WTI has traded mostly below US$ 50 — and frequently below US$ 45 — since early March.

Stay informed on these spreads and trends by following the hundreds of global blends on our oil price page.

Oil prices are soaring on the OPEC deal news, and as of 10:50 AM (EST), WTI Crude was surging 7.21 percent at US$ 48.49, and Brent Crude was soaring by 7.65 percent at US$ 50.94, staying above the US$ 50 mark for a couple of hours now.

That's making it harder to access capital as more drillers fight to stay afloat amid persistent low oil prices.

Oil was firmer most of the night (WTI to $ 68.66), until a tweet from Trump saying oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.6Oil was firmer most of the night (WTI to $ 68.66), until a tweet from Trump saying oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.6oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.62).

In a speech last week the Deputy Governor of the Bank of Canada stated that oil prices could stay low for some time.

After the oil price collapse and a huge corruption scandal, Petrobras has struggled to stay afloat, let alone find the billions of investments needed to develop new deposits.

CPI inflation in year - ended terms should stay in a narrow range around this profile over much of the forecast horizon, though volatility in oil and food prices over the past year will continue to have some effect on the year - ended figures in future quarters.

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.

If this isn't the case and all the oil being produced is needed for current consumption, then the price of oil for future delivery can drop to an unusually low level relative to the spot price and stay there.

Most see this as a Buffett bet that oil will stay cheap; I see it as an act of oil price agnosticism that seeks to make money from energy regardless of economic conditions.

Conventional Wisdom # 1: Buffett's purchase of Phillips 66 is «proof» that he thinks the price per barrel of oil is going to stay low for awhile, and this prediction indicates that investors should be in no rush to scoop up the deals among the other oil majors.

And we have stayed true to that vision, even as oil prices went into freefall, we ramped up investments in infrastructure, as well as our social spending.»

Crude oil prices in 2018 are projected to stay around US$ 50.3 per barrel reflecting the higher - than - expected US shale production and production recoveries in Libya and Nigeria.

Based on the authors» calculations, the emissions differences resulting from vastly diverging oil price paths could be on the order of 5 to 20 % of the total budget for staying below the internationally agreed 2 °C target.

While we have no idea where oil prices will settle in the short run, it remains our view that oil prices can not stay down at today's depressed prices for too long, largely due to what we believe to be the relatively modest current level of excess capacity, our expectations of continued growth in demand over time, and the high marginal costs for finding and developing new sources of supply.

Most experts agree that oil and gas prices won't stay this low forever and there is a good possibility that prices will start rising again sooner than later.

The chief strategist for Canada at BlackRock Inc., the world's largest money manager, doesn't see a single attractive sector in the local stock market because oil prices will stay low.

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I would expect the price of oil to fall to stay competitive with renewables which will forstall the rate of transition to low CO2 economies.

This year's Gulf of Mexico gusher seemed to pose potent political perils just a few months ago, but all along its significance was blunted by the reality that it did not affect oil or gas prices, which have stayed relatively low.