Sentences with phrase «oil prices which»

Even fundamentals such as the range of commodity prices are important, with many companies not considering a range of oil prices which covered the sustained lower levels seen since 2014 in the years preceding.
«Consumers don't want electricity prices indexed to oil prices which are subject to what's happening overseas,» he said.
Nigeria along with Angola, the leading oil economies on the continent have been hit hard by oil prices which have gone down by more than 50 percent in the last 12 months.
The fall in inflation to 0 % resulted from a drop in oil prices which could easily go into reverse.
We saw ongoing political instability, currency volatility and devaluations in Africa, rising oil prices which drove our costs up, and downward pressure on margins from relentless competition.
This is expected to drop oil prices which is very unfortunate for Russia because it is oil and gas exports that form Russian budget incomes and supports the ruble.
«The energy sector posted stronger returns in September due to a rebound in oil prices which helped lift Canadian equities, while the bond market slipped into negative territory after strong Canadian economic growth led the Bank of Canada to raise interest rates for the first time in seven years,» said James Rausch, Head of Client Coverage, Canada, RBC Investor & Treasury Services.
Oil prices which are near 2014 highs, surged on Monday after Israeli Prime Minister Benjamin Netanyahu presented what he called evidence of a secret Iranian nuclear weapons program.
Developments this year could make a difference, including the rising oil price which will demotivate sovereigns from entering debt markets.
He, however, called on people of the state to make sacrifices, saying nobody should be blamed for the sharp drop in oil price which has brought untold hardship on the state.

Not exact matches

As the North American oil transportation system continues to evolve, with new pipelines, reversals of existing lines and a growing role for oil - by - rail, what is clear is that the North American oil market will eventually settle into a new era of pricing relationships which will be very different than those which prevailed prior to 2008.
In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.
In the face of low crude oil prices, the company focused on natural gas, which had stronger rates.
The incident might result in restrictions on using rail to transport oil, which could increase the price discount for Canadian crude.
The financial crisis slammed oil prices, but you can see from the graph that there was also a major break in the pricing relationships which had held so tightly up to then.
With oil, which is traded internationally, prices collapsed (mainly) because the Saudis have flooded the market with supply in an attempt to retake lost market share from U.S. producers — whom also drilled too many successful wells.
Wages barely are keeping up with inflation, and oil prices have settled at a level that is unlikely to generate the kind of economic activity to which we had become accustomed before the 2014 - 15 crash.
In 2015, revenue for the 500 largest global corporations dropped 11.5 % to $ 27.6 trillion, owing to falling oil prices and in part by the surge in value of the U.S. dollar, which has stalled economic growth worldwide.
Unlike oil, gold and copper, for which prices are set in London and New York, iron ore is one of the few commodities whose global pricing takes its cue from China.
But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude oil, and in the price of refined products, especially in Western Canada.»
However, there is considerable uncertainty about the speed with which this sequence will evolve and how it will be affected by the drop in oil prices.
Persistent headwinds from deleveraging and lingering uncertainty will influence the extent to which some oil - importing countries benefit from lower prices.
But van Beurden has been slimming down his portfolio of oil projects with the intent of keeping only those lean enough to make good returns in a world in which oil prices average no more than $ 40 a barrel, well below the average price over the past decade.
The prospects for an oil price recovery are still unclear, van Beurden said, despite attempts by OPEC and other producers to agree a deal to limit output and reduce the global glut which has pushed oil prices down by 50 % since June 2014.
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.
From pipeline operators to jobbers to brokers, everyone wants their fee, which doesn't automatically change with fluctuations in oil prices.
It's among a host of new startups developing technology for the oil and gas industry, which finds itself desperate for innovation in this era of low commodity prices.
This wouldn't be just another oil - price cycle, a familiar roller coaster in which every down is followed by an up.
So policy makers focus on «core inflation,» which ignores changes in prices for fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, intercity transportation, tobacco products and indirect taxes.
Our outsized energy index, which has helped push the S&P / TSX Composite Index up 15 % year - to - date, also includes several rate - sensitive stocks — though they're more susceptible to movements in oil prices — and is up 33 %.
The share price of the Netherlands - based construction company, which specializes in the oil and gas industry, was halved in 2014.
Among the industries that are doing well are the construction and hospitality sectors, along with travel / transportation and logistics / trucking, which both benefit from low oil and gasoline prices.
And thanks to the recent supply surge, North America's natural gas is currently fetching much lower prices than the ones Asian and European importers are accustomed too, which are usually pegged to oil rates.
We have a different view on inflation, which we see below 2 percent even in 2018,» analysts at Bank of America Merrill Lynch said in a note on Wednesday, explaining that oil prices will keep headline inflation low.
That could throw a wrench in plans for the oilsands, which require high oil prices to remain profitable, and crimp much of the manic exploration activity in mining.
Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins triggered by sharp falls in the price of oil led to more than 5,000 job losses at the oil and gas company.
«The bottom line is they're committed to holding back supply from the market, which combined with the continued decline of PDVSA in Venezuela is going to make for higher oil prices,» said Kilduff.
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.
Tumbling oil prices spell bad news, both for overall growth and the financial position of the government, which is reliant on tax revenues from its energy industry to fund the budget.
Critics of the deal had expected Britain to try to renegotiate the price, which they say was set too high before oil prices fell, dragging energy costs lower.
The biggest losers were energy (XLE), consumer staples (XLP) and materials (XLB), all down more than 7 percent amid riding bond yields — which makes dividend stock yields less attractive and overrode other factors, like stronger oil prices and a weak dollar.
That would give the company an even more dominant position in the pits north of Fort McMurray, which even some Calgary financiers consider a sunset industry in light of low oil prices and international pressure to reduce carbon dioxide emissions.
The company, which had made its name providing investors with a steady income from its oil and gas wells, cut its dividend in half as capital spending rose and energy prices fell.
That's a sharp decline in two quarters, in large part attributable to the drop in oil prices, the effects of which are still working their way through company balance sheets.
Malaysia's shares and currency have been hit with a toxic brew of declines in the prices of its commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal of the prime minister from power.
Hedge fund managers have gambled everything on a goldilocks scenario in which oil prices rise without damaging demand or spurring too much shale drilling.
Further, offshore drilling faces competition from onshore U.S. shale drilling, which can be started up and shut down quickly as oil prices fluctuate.
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.
Economists are now fretting over daily swings in the price of oil, which recently surged to more than US$ 105 per barrel — its highest level in more than two - and - a-half years.
Oil prices rose overnight amid concerns that the United States may re-introduce sanctions on Iran, which could potentially reduce the country's oil exporOil prices rose overnight amid concerns that the United States may re-introduce sanctions on Iran, which could potentially reduce the country's oil exporoil exports.
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