Sentences with phrase «on global oil prices»

«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.

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.

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.

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.

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.

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.

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.

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.

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

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.

NEW YORK, April 30 - Oil prices rallied 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 global stock indexes dipped with the S&P 500 led down by losses in technology.

For more than a decade, the threat of terrorism has contributed to rising oil prices, global instability and insecurity in major financial centres — in other words, it's been a major drag on business.

Stronger global oil prices have not benefited the offshore marine sector, whose troubles will weigh on Singapore banks report earnings.

Helima Croft, global head of commodity strategy at RBC Capital Markets, is wondering whether the price of oil goes to $ 26 on oversupply issues.

The Southeast Asian economy expanded 4.9 percent on - year over the April - June period amid uncertainties in global growth, persistent weakness in oil prices and the spreading of what is being called the country's worst - ever political crisis.

With regard to the Fed's observation on oil prices, Yellen said it is «one of the most important developments shaping the global outlook.»

Poloz's bold and unexpected move to cut rates this year — not once, but twice — has been credited for dampening the impact of the sharp drop in global oil prices on the Canadian economy.

Posted by Jeff Rubin on May 23rd, 2012 under SmallerWorldTags: economic growth, Global Economy, oil prices • 22 Comments

Four years ago, when I was still chief economist at CIBC World Markets, I forecast that global economic growth was on pace to send oil prices to $ 200 a barrel by 2012.

After all, the catalysts for the volatility we saw in January and February are still here: excess supply putting pressure on oil prices, disappointing earnings, and slowing global growth.

Global oil prices, meanwhile, are quietly testing one - month highs ahead of next week's OPEC meeting in Vienna, where ministers from the cartel's members are widely expected to extend and agreement on production cuts into the first quarter of 2018.

A supply curve is an ordered list of all the oil production opportunities globally, sorted by the cost of extraction or, probably better for this example, the potential free - on - board price at a global trading hub — take every oil play in the world and ask what it would cost delivered to the US Gulf Coast as a starting point.

While the trade data had little impact on U.S. financial markets, concerns about weakening global demand pushed Brent crude oil prices to the lowest level in more than four years, dragging down U.S. stocks.

From nickel to soybean oil, plywood to sugar, global commodity prices have been on a steady decline as the world's economy has lost momentum.

Stay informed on these spreads and trends by following the hundreds of global blends on our oil price page.

NEW YORK Oil prices fell about 2 percent on Friday after U.S. President Donald Trump threatened new tariffs on China, reigniting fears of a trade war between the world's two largest economies that could hurt global growth.

While the re-balancing of global oil markets is progressing, record - high crude and gasoline inventories continue to put downward pressure on prices.

It's not just oil... iron ore, aluminum and steel are all getting slammed, as the decline in commodity prices takes a toll on companies and the global markets.

There were two principal drivers behind oil prices» performance: the growing optimism that the OPEC production cut deal is finally having a palpable effect on global supplies of crude oil, and the equally growing worry that the Middle East could be in for more tensions — this time between the Kurdish nation and the countries it inhabits, following an independence referendum in the Kurdistan autonomous region in Iraq.

Join us on Wednesday, May 9th for a complimentary reception and an exclusive discussion featuring S&P Global's top thought leaders who will cover oil and gas production, pricing, and risk — with a focus on credit and industry suppliers.

Following a January rally, the global commodities complex underwent declines in February before partially recovering in March; for the first quarter as a whole, the benchmark Thomson Reuters CoreCommodity CRB Index (CRB) gained 0.8 % on a price - only basis.1 Among the 19 component commodities tracked by the CRB, advancers had a slight edge over decliners, buoyed by growth in global economies and weakness in the trade - weighted US dollar, which retreated 2.1 %, according to the Federal Reserve's (Fed's) US Dollar Index.1 Aside from robust gains for a host of agricultural products, oil and gold were also among the commodity winners.

Sluggish global growth and muted inflation continue to put pressure on commodity prices, particularly those most exposed to global growth, like prices for industrial metals and oil.

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.

Crude oil prices fell more than 2 % on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit.

But because oil prices have tanked so much and they're thought to be set on global markets — so not really under the Fed's control — recently they've been targeting the core PCE (sans energy and food prices).

These predictions proved overly optimistic as oil prices, Chinese growth and global monetary policies weighed on stocks and the S&P only returned 1.4 % for the year.

The Crown Prince wants to build on its recent success of winning back its influence of global oil prices.

NEW YORK (AP)-- The latest on developments in global financial markets (all times local): 4:00 p.m. Technology and consumer stocks pulled the broader market slightly lower, even as energy stocks rallied along with the price of oil.

The report said a price recovery is expected to cause the most pain among companies drilling in the United States, who rely mostly on hydraulic fracturing, which isn't profitable unless the average global price of oil is around $ 60 per barrel.

EM currencies overall have lost a third of their value since 2013 on a trade - weighted basis, triggered by serial downgrades to EM growth projections, a tightening of global dollar liquidity and falling oil prices.

If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).

That lower baseline energy demand as well as marginal increases in supplies has led to lower global oil and gas prices and more competitive pressure on the uranium space.

By David Gaffen NEW YORK (Reuters)- Oil prices on Thursday hit highs not seen since 2014, built on the ongoing drawdowns in global supply and as Saudi Arabia looks to push prices higher, though U....