Sentences with phrase «oil rallying more»

Not exact matches

The oil rally has helped stocks in Saudi Arabia claim top honors this year, but the story is about more than energy.

Crude oil has helped the Saudi stock market race ahead of the rest of the world this year, but the rally is about more than energy, as reforms from Crown Prince Mohammed bin Salman receive investors» endorsement.»

A recent rally in oil prices to multi-year highs is about much more than the deepening crisis in Syria, analysts told CNBC Thursday.

U.S. drillers are likely to start pumping more oil after a sharp rally in prices since December, Goldman analysts say.

Citi's comments come as oil prices have recovered from a plunge in 2014 with the bank seeing the first stop for the rally at about US$ 65 a barrel, around 25 % more than current price levels.

Boosted by the bullish supply - demand reports, oil prices rallied on Monday, with Brent hitting a more than two - year high on strong oil demand growth and the threat to Kurdish oil exports over the referendum on independence.

The rally in oil prices over the past year likely had more to do with higher demand rather than merely the supply taken off of the market by the OPEC / non-OPEC Continue Reading

Yet it was more than enough to cause oil levels to rally to several year highs this past week.

Oil prices rallied after that announcement then, but later lost steam amid growing skepticism if OPEC would be able to agree to quotas and more importantly, to stick to its decisions.

Light, sweet crude oil, which has already spiked close to 40 percent since June this year and is up by more than 100 percent from the 2016 lows of $ 26 a barrel, will likely see an all - out rally with the 2008 highs paling in comparison.

OPEC (Organization of the Petroleum Exporting Countries) announced a surprise draft agreement to cut oil production that boosted energy prices, but any significant further rally would seem to us to require a far more vibrant global economy.

While heartened by the bounce in oil prices after the multi-decade lows reached early in the year, any significant further rally in energy prices would seem to us to require a far more vibrant global economy.

While gold prices have more or less remained in a tight band from the start of 2016, the escalating crisis in the Middle East has led to massive volatility in crude - oil prices, and at the end of November this year, crude oil has rallied by 55 percent compared to the 20 - percent gain in gold.

«The discovery of Shell indicates a clear path toward more intensive use of already planted lands, and thus should lessen pressures to expand the land area devoted to oil palm, notably onto endangered rainforest land — a major concern for the environment and a rallying point for activists in recent years,» says Robert A. Martienssen, Ph.D., scientific co-founder of Orion Genomics, who is also a professor of plant genetics at CSHL.

Behind the rally: returning inflows amid firming oil prices, diminishing recession fears and a more dovish Fed.

Which is all the more frustrating, noting the oil price soared, the AIM Index clocked a 14 % + return, and even (some) deep - value micro-caps rallied significantly.

350.org's Bill McKibben spoke during the rally, along with several Sierra Club representatives - all urging clean energy instead of more dirty tar sands oil.

«Keep it in the Ground» has been a rallying cry for groups working to fight climate change, after researchers calculated that at least a third of known oil reserves, half of gas reserves and 80 percent of coal reserves should not be burned to prevent an average global temperature increase of more than 2 degrees Celsius.