Sentences with phrase «oil prices support»

Low prices in the carbon market don't bode well for nascent «avoided deforestation» projects that would compensate tropical countries for reducing their deforestation rates, nor do low oil prices support development of low - carbon energy technologies.

«Rising Oil Prices Support Modest Rally in Corporate Bond Market,» Morningstar, 14 May 2018, http://www.morningstar.com/articles/865617/rising-oil-prices-support-modest-rally-in-corporat.html

Not exact matches

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

Oil prices are also drawing support from declining output in Venezuela, OPEC's biggest producer in Latin America, and Angola, Africa's second - largest exporter.

SINGAPORE, May 2 - Oil prices firmed slightly on Wednesday, supported by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

NEW YORK, April 24 - Oil prices were little changed on Tuesday after Brent hit its highest level since November 2014, supported by strong demand, OPEC - led production cuts, and the prospect of renewed U.S. sanctions on Iran.

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.

Gains in oil and base metals prices have helped push the Australian share market higher, which is getting support from the energy, mining, and retail sectors.

When the oil price collapsed, the $ 76 level offered very weak support.

In November the BDC announced it would offer $ 500 million in additional financing to support smaller companies hurt by low oil prices.

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 dipped during afternoon trade on Monday, erasing gains supported by a political rift in the Middle East, before investor concerns over a global supply overhang returned.

Basic resources jumped 1.22 percent as a sector, supported by an uptick in metal prices, while oil stocks fell as investors doubt that the recent rally in prices will last.

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.

SINGAPORE, May 2 (Reuters)- Oil prices were stable on Wednesday, supported by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.

Oil prices drew support from expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and ongoing strong demand.

Oil prices have soared amid worries about fighting in the Middle East, but it is not yet clear whether elevated tensions will continue to support the recent rally, according to the latest monthly report from the IEA.

Oil prices were higher in choppy trade on Wednesday, as a bigger - than - expected U.S. crude stock build pressured prices, but large draws of fuel stocks provided some support.

Oil prices got scant support from the equities market.

CNBC's Jackie DeAngelis reports on commodities as several options and futures contracts expire Friday, and the factors supporting the price of oil.

CNBC's Jackie DeAngelis reports on oil prices as a stronger dollar takes some support out of the market.

«Undoubtedly, whatever the strategy is of Donald Trump and his finance ministry, they managed to support oil prices in the last week by talking the dollar down, so if we see a big (upward) correction in the dollar then we'll probably see a (downward) correction in oil.»

Many of Shell and BG's big shareholders have voiced support for the deal but a slump in oil prices below $ 30 a barrel has raised concerns that Shell may be overpaying for the smaller rival.

This year's rally in oil prices has supported BP and its energy peers.

O'Loughlin said that relatively high oil prices, supported by healthy demand and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) to tighten markets, «are encouraging U.S. shale producers to continue ramping up production.»

On the other hand, one can only ponder how long they are willing to shoulder the burden of supporting oil prices on their own,» PVM Oil Associates analyst Tamas Varga saoil prices on their own,» PVM Oil Associates analyst Tamas Varga saOil Associates analyst Tamas Varga said.

«We believe the bias for stock prices in general remains to the upside, underpinned by a growing economy, low interest rates and increasingly, cheaper oil... With operating margins at elevated levels, top line growth is poised to more quickly bleed through to the bottom line, thus supporting earnings.»

Oil prices, which have recently received some support from reports about discussions of another possible extension of the OPEC production cut deal, remained stable following the release of the EIA report, with WTI trading at US$ 48.75 a barrel and Brent crude at US$ 54.62 a barrel.

Meanwhile, the never - ending Middle East conflicts support high crude prices, which makes it feasible to produce shale oil in the US.

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

The spending behaviour of firms in regions hit by the oil price shock is also recovering, supported by improving commodity prices and business confidence.

At the root of today's problem is global demand that is no longer growing quickly enough to support the prices necessary to keep expanding expensive unconventional sources of supply like the oil sands.

The capacity shutdowns have done international oil prices good and now news of more possible supply disruptions are supporting them, too.

«Their idea was that if you fire thousands of teachers, teachers» aides, school support workers, nurses, nurses» aides and people that work in the hospitals that somehow the price of oil would go back up,» she told a Unifor convention in Ottawa this week.

There were hopes that a freeze would support oil prices, which have fallen dramatically since mid-2014 due a glut in supply and lagging demand.

Global oil prices, though, bottomed out last winter and the ensuing partial rebound in the crude market helped to restore support for oil stocks.

Indications of improved economic growth would likely provide a catalyst, by giving support to oil prices.

Oil prices fell to a two - week low Tuesday on concerns that the global market remains too oversupplied to support prices near $ 40 a barrel.

Such an agreement would help support oil prices — Saudi Arabia, in particular, seeks higher prices to take Saudi Aramco, the world's largest energy company, public — but it's likely American shale producers would ramp up production to fill the void.

Global oil prices gained Monday amid a brewing diplomatic row in the Gulf region that has seen several states cut diplomatic ties with Qatar over its alleged support for extremists.

However, Sanchez Energy's plan was to use higher oil prices to boost production and cash flow so it could support the mountain of debt it took on to complete the deal, with its aim to get leverage to less than 3.0 next year.

Higher oil prices would support reflation: higher growth and higher inflation.

U.S. Dollar strength and disinflation, supported by the ongoing oil price collapse, are providing headwinds for the metals; on the other hand, a recent rise in fear in the euro area, combined with continuing loose monetary policies, result in favorable conditions.

Oil prices erased early losses to rise on Thursday afternoon after Algeria's Energy Minister Noureddine Boutarfa said that most OPEC producers are supporting the Saudi - Russian proposal for an extension of the production cuts until March 2018.

Oil prices edged up on Friday, extending the previous session's modest gains as looming geopolitical risks from possible new US sanctions against Iran supported the market.

However, banks in Bahrain and Oman look vulnerable as a result of higher break - even prices for oil and their limited ability to support the economy without compromising credit - worthiness.

O'Loughlin said that relatively high oil prices, supported by healthy demand and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) to tighten markets, «are encouraging US shale producers to continue ramping up production.»

While both governments remain committed to finding new markets for Canada's oil and gas, they have voiced strong support for increasing clean energy production and exports in order to reduce carbon emissions and the impact of fluctuating oil prices on Canada's economy.

«Lower oil prices strain the fiscal positions of fuel exporters and weigh on their growth prospects, while supporting household demand and lowering business energy costs in importers, especially in advanced economies, where price declines are fully passed on to end users,» according to the IMF.

We have pointed out previously that Saudi Arabia will do whatever it takes to support oil prices, ahead of its Aramco IPO.