Sentences with phrase «on oil and gas prices»

Not exact matches

Our energy sector has been hurt partly by low natural gas prices and the discount placed on Canadian oil compared to world benchmarks, but gas and oil prices have generally been flat or on the rise.
The latest commodity trading prices for oil, natural gas, gold, silver, wheat, corn and more on the U.S. commodities & futures market.
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.
The report comes as world oil and gas prices are falling and other major LNG developers, including Malaysian state - owned Petronas, put their B.C. LNG export facility plans on hold.
Oil and gas traders, Bailey says, received alerts about the death of the King of Saudi Arabia more than four hours before crude prices spiked on the news.
Part of the problem is the bust that is going on in the junk market due to the drop in oil and gas loan prices.
April 20 (Reuters)- General Electric Co's Baker Hughes posted quarterly profit that beat Wall Street estimates on Friday as improving oil prices prompted companies to ramp up oil and gas production.
Halliburton reported a 34 percent jump in first - quarter revenue on Monday as rising oil prices prompted North American companies to boost oil and gas production.
This billionaire inrnthe oil and gas businessrnsaw his pilernshrink somewhat this year withrnthe declining share price of CanadianrnNatural Resources, the firmrnhe shepherded to the peak ofrnthe country's energy market.rnEdwards, who is also the ownerrnof the Calgary Flames, has hadrnother issues on his mind, however — this fall he has been anrninfluential player in the NHLrnlockout negotiations.
Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result in Canada's economy remaining on a slower growth path than the 2.2 per cent pace we are expecting.»
Oil and gas stocks dropped on U.S. crude stocks data which led to a fall in oil pricOil and gas stocks dropped on U.S. crude stocks data which led to a fall in oil pricoil prices.
CNBC's Jackie DeAngelis reports on oil prices and natural gas supplies ahead of several crucial OPEC meetings.
The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy commodities are garnering on the open market.
CNBC's Jackie DeAngelis reports on factors pushing oil and gas prices lower.
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trilliAnd in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trilliand gas company's market value to briefly top $ 1 trillion.
Depending on mining, forestry, and oil and gas leaves the country vulnerable to swings in commodity prices and the health of our export partners.
He said the gas price would be based on a formula linked to that of oil and oil products.
BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.
And cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other thinAnd cheaper gas at the pumps, courtesy of lower oil prices, will come as a form of fiscal stimulus for consumers in both the U.S. and Canada, leaving more money in their pockets to spend on other thinand Canada, leaving more money in their pockets to spend on other things.
By far the biggest revision, on a percentage basis, came in the mining sector, which isn't surprising; the oil and gas industry, which is part of the mining sector, has been extremely volatile in the past year due to tumbling oil prices.
May 1 Anadarko Petroleum Corp reported a quarterly profit on Tuesday as higher crude prices helped the oil and gas producer earn more per barrel.
HOUSTON ConocoPhillips, the world's largest independent oil and gas exploration and production company, posted a bigger - than - expected first - quarter profit on Thursday, helped by rising crude prices and cost cuts.
Likewise, the disinflationary tailwind of lower oil and gas prices should provide a much greater disposable income boost to lower income households than higher income groups, as the former generally spend a larger share of income on energy.
As its name suggests, the oil and gas producer focuses entirely on prospects within the state of California, and the crude oil price declines in 2015 created massive losses for the small exploration and production company.
The profitability of oil and natural gas development activity depends on both the prices realized by producers and the cost and productivity of newly developed wells.
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.
This significant downward revision to growth in 2013 will have a major impact on government revenues, which will be only worsened by the fall in oil and gas prices over the last 12 months.
Conversely, should oil prices continue to climb and a gas tax is added on top, many won't be so happy with the immediate impact.
As the biggest station operator and supplier of natural gas for transportation in the U.S., the company should benefit from higher oil prices and more focus on reducing emissions likely to drive many truck operators to consider this new engine.
In his year - end interviews, and in the final days of the fall sitting of the House of Commons, Prime Minister Stephen Harper said it would be crazy to impose additional costs on Canada's oil and gas sector in a time of low prices if the U.S. was not enacting similar carbon emission policies.
He went on, «You are 75 percent cheaper than the rest of the world on natural gas, you are 10 percent cheaper on oil and you are half the price of gasoline as the rest of the world.
Five major oil and gasoline companies made YouGov BrandIndex's ranking of the top 20 consumer perception gainers for the month of May, most likely on the coattails of easing gas prices.
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.
But plummetting oil and gas prices took a toll on that company too, putting free cash flow and profits under enormous pressure.
The prices of other sources of energy, such as coal and gas, also appear to be affected by oil price movements, though these relationships are quite loose, and depend on the state of world demand and stock levels.
Edmonton, June 2, 2016 — Canadian Western Bank (TSX: CWB)(CWB) today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
The crash in prices meant that shale drillers moved on to greener pastures, and most of them began looking for oil rather than gas because crude fetched $ 70 to $ 80 per barrel.
For example, the Stumberg Ranch 55H well achieved an initial 24 - hour production rate of 3,800 barrels of oil equivalent (BOE / d), which puts that well on pace to deliver a full payout in only 12 months at current oil and gas prices.
CWB today announced second quarter financial performance which included strong growth in pre-tax, pre-provision (PTPP) earnings and the significant negative impact of persistent low oil prices on the credit performance of oil and gas production loans.
For the time being, much of the analysis on the financial losses focuses on the plunge in oil and coal prices, and the potential that a huge portion of the global reserves of oil, gas, and coal will be «stranded» in the ground to curb climate change.
While both governments remain committed to finding new markets for Canada's oil and gas, they have voiced strong support for increasing clean energy production and exports in order to reduce carbon emissions and the impact of fluctuating oil prices on Canada's economy.
But the uniqueness of the business model, the hidden value of the land on the books and the incremental benefit shareholders receive from higher oil and gas production and prices make it worth writing about.
Of course, this is a very cyclic industry, depending on the forecast pricing for oil and gas.
A case in point: The continued price pressure on oil and gas products doesn't mean that Canadian exports have declined in this segment — they haven't.
Alberta has a revenue problem and if we should have learned anything since the international price of oil collapsed in 2014, it is that we should not depend on royalty revenues from oil and gas to fund the day to day operations of our public services.
Bad bets on the prices of natural gas and oil contributed to a second quarter in which the unit barely made money,» The Wall Street Journal reported.
She suggested shipments of oil from Alberta and B.C. natural gas traversing Alberta could be on the chopping block, and had no firm answer about what Horgan's NDP government would have to do to provoke such a last - resort retaliation, a nasty flash of trade warring that could send Lower Mainland gasoline prices skyward.
A group of black parishioners in Georgia will get on their knees, wish for lower gas prices, and the being that created the entire Universe and its billions of galaxies will use its telepathic powers to read their minds and will then intervene in World economics to reduce oil prices in the Southern United States.
Energy market regulation and energy prices have come to the fore on a regular basis at G8 and G20 summits in connection with geopolitical crises (especially on gas) and benchmark oil price increases (the Brent market).
Meanwhile, Bayelsa Elders Council, which met in Yenagoa to review the recent spate of bombings and vandalisation of oil and gas pipelines, called on the perpetrators to desist forthwith in view of inevitable damage it may cause the economy of the states of the region and the nation, especially at a time the country was grappling with falling crude oil price.
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