Sentences with phrase «oil rout»

The phrase "oil rout" is used to describe a significant drop in the price of oil. Full definition
The industry as a whole has been churning out gasoline hard for the past year, as a golden period of refining margins emerged out of the ashes of the crude oil rout.
The BOJ has used the index to explain that when excluding the downward pressure from the oil rout, inflation was accelerating steadily toward its 2 % target.
As head of the cartel, Saudi Arabia hasn't gone unscathed in the oil rout either.
Investors had largely priced out probabilities of any rate hikes in 2016 during the height of February's oil rout, but higher oil prices, strong payrolls and firming inflation data have again forced front - end longs to capitulate.
The depth and extent of the oil rout forced the former income darling to slash its distribution to $ 0.10 and then again to $ 0.03, where it currently stands.
For CMBX 6 / 7/8 / 9/10/11, spreads went on a widening spree across the board, similar to the blowouts seen during the oil rout in early - 2016 or following the Brexit referendum.
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