Sentences with phrase «on global oil»

In this tenth episode of the Salary Guide series, I will look at how the trends in global mobility are impacting on the global oil and gas workforce.

IEA statement on global oil market conditions The IEA stands ready to act if necessary to ensure markets remain well supplied 9 May 2018

In the longer term, future oil prices will depend less on OPEC behaviour than on global oil demand.

U.S. dependence on the global oil market raises national security concerns because oil price volatility has an impact on the economy.

Just as diversity through electricity was the key to America's industrial sector being able to increase productivity without increasing oil consumption, so too is it one of two keys (the other being diversity through biofuel) to fueling the growing number of vehicles expected on global highways without adding to the strain on global oil supplies and without everyone choking on their own exhaust.

U.S. production growth, the main factor counterbalancing the supply disruptions on the global oil market, has contributed to a decrease in crude oil price volatility since 2011.

«The Conference Board analysis hinges on global oil prices and demand rising steadily to 2035,» reads the memo, dated Oct. 26, 2012 and signed by Dupont.

The future of hybrid vehicles depends on fuel saving economics, which depends on fuel prices, which depends on global oil supply and demand.

• «Driving to the End of the World» (2004), five works created as a commentary on the global oil crisis made from an old truck that Dial found deserted in the woods, comprise the only series of work Dial ever completed.

Herman Wang catches up with analyst Yasser Elguindi on the recent OPEC meeting's results and their impact on the global oil balances and Ben Van Heuvelen, editor in chief of the Iraq Oil Report.

Yet, those with the lack of vision failed to realize that power and now I think we have gone to a level of overconfidence in writing the epitaph on global oil demand.

When this «golden moment» arrives, the effects on global oil trade — and U.S. continued supremacy in this arena — will be profound.

Not exact matches

NEW YORK, April 30 - Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

Fresh sanctions on Iran could result in a reduction of the country's oil exports, which would strain global supplies even more, especially given the discipline of the Organization of the Petroleum Exporting Countries (OPEC) and their partners in sticking to an agreement to limit output.

NEW YORK, April 23 - Global benchmark Brent crude turned positive on Monday, after dropping earlier after Iran's oil minister said OPEC would not extend its production cap pact if high crude oil prices continued.

The teaser for the panel on energy markets that I am speaking on at the Milken Institute Global Conference, highlights relentless U.S. production offsetting OPEC reductions, renewables disrupting traditional energy markets, and the geopolitical implications of U.S. production growth displacing Russia as the world's largest oil producer.

«Thus, the risks of potential «trade wars» and the potential negative impact on the global economy and on oil demand if these risks do materialise should constitute a serious concern for OPEC,» the authors argue.

On the demand side, oil at $ 80 could hurt global oil demand growth, which was the tailwind last year to help OPEC significantly reduce the oversupply.

The oil and gas giant announced that it was unloading its oil - sands assets, for $ 7.25 billion, so that it could double down on businesses «where we have global scale and a competitive advantage.»

Yet with global growth declining, oil inventory at record levels, and momentum on the side of increasingly cost - competitive renewable energy technologies, there remains a high possibility the energy sector will face another existential crisis in the near future.

Unlike Grantham, Shilling believes that low global growth will continue to keep pressure on the price of oil, especially when Saudi Arabia, the world's most influential producer, can continue to pump up oil for less than $ 10 a barrel.

He said the journals, Global Witness and Fatal Transactions, had highlighted that violent rebel forces were, in many cases, financed by profits from diamonds, oil and agricultural products and had accused the diamond industry of inaction on the issue.

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.

Global oil supply rose in June as compliance with an OPEC - led deal to freeze production showed signs that it was stalling, the International Energy Agency (IEA) noted in its latest market report on Thursday.

While the global water industry is diversified and, in terms of committed capital, ranks on par with the oil, gas and electricity industries, it's attracted little private investment.

Selling environmental, health and safety (EHS) software to large global corporations, Medgate focuses on the oil and gas, mining, chemical, manufacturing and pharmaceutical sectors.

If Iran and the United States finalize an agreement on the latter's nuclear enrichment program and lift an embargo against Iranian oil, we would see another increase in global supply.

Saudi Arabia wants to turn hundreds of kilometers of its Red Sea coastline into a global tourism destination governed by laws «on par with international standards» as part of its plan to transform the economy and reduce its reliance on oil.

NEW YORK, April 13 - Oil prices extended recent gains and a gauge of global stocks eased on Friday as concern over a broader conflict in Syria left investors nervous, while U.S. bank shares led Wall Street lower.

A number of funds bet heavily on an oil rally early in the year, boosting long futures positions to a record in late February, before oil went into a prolonged slump as global supply remained elevated despite cuts from OPEC.

With oil trading below $ 50 a barrel, economists are scrambling to determine the fallout of declining energy prices on the U.S. and global economies.

Russia independently or in conjunction with allies Iran and Syria could flood global markets, thus dropping prices for not only themselves, but for those on the other side of the Syrian conflict, predominantly impacting Saudi Arabia and the US — the number two and three world oil producers, respectively.

Between rising oil prices and ongoing concerns over climate change, there is growing pressure on the global shipping industry to cut its fuel consumption.

The global economy has recovered strongly in recent months, but rising oil prices not only put the squeeze on fragile consumers, they also raise the spectre of inflation and fan the flames of political unrest.

Global oil prices topped $ 50 (US) per barrel on May 26 for the first time in six months.

Oil prices slipped away from 2018 highs on Thursday, with global benchmark Brent trading at $ 71.15 in early afternoon deals, down 0.8 percent, and WTI trading at $ 66.38, around 0.6 percent lower.

The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country's shale oil boom continues to upend global markets.

In a closely - watched monthly report published by the International Energy Agency (IEA) on Tuesday, the Paris - based organization said a rise in global oil production — led by the U.S. — was on track to outpace growth in demand this year.

OSLO, April 18 - Offshore oil driller Seadrill aims to expand relations with Schlumberger, the world's largest oil services firm, and other suppliers to the global oil and gas industry, its chief executive told Reuters on Wednesday.

The usual proxies for global growth — oil and other commodities, emerging market currencies, energy and mining stocks — are almost all sharply lower as investors bail out of any kind of trade predicated on growth in China and the rest of the emerging world, which accounts for 85 % of the world's population.

On Thursday, the International Energy Agency (IEA) said global oil supply increased in February by 700,000 barrels per day (bpd) from a year ago to 97.9 million barrels per day.

Oil prices continued their months - long decline Monday, with the price of crude briefly falling below $ 50 per barrel for the first time in more than five years earlier in the session on account of global oversupply.

He is a Fellow at Columbia University's Center on Global Energy Policy and the author of the forthcoming book «Missing OPEC: The History and Future of Boom - Bust Oil Prices,» from Columbia University Press, 2016.

CNBC's Jackie DeAngelis reports on the trading action in crude, as oil prices slide on global growth worries over demand.

OPEC oil output rose slightly in October, keeping the global market well supplied, as additional exports from Iraq, Angola and Libya offset disruptions in Nigeria and a further decline in Iran to its lowest in two decades, a Reuters survey found on Wednesday.

CNBC's Jackie Deangelis reports on third - quarter earnings for oil giants Exxon Mobil, Chevron and ConocoPhillips and what they mean for the global oil market.

fell by 75 cents to $ 96.75 a tonne, while Brent crude slipped below $ 111 a barrel on Monday morning on concern that a fragile global economy could curb oil demand.

A global glut in oil could put more downward pressure on crude prices, reports CNBC's Jackie DeAngelis.

«As you have uncertainty about China and the oil market, and about global recovery, money flows into the U.S.,» Clarida told CNBC's «Worldwide Exchange» on Wednesday.

Whether or not that happens — and frankly, it's an extreme example of the worst - case scenario for US shale producers — a glut of global oil inventories is already weighing on oil prices.