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 pric
Oil and gas stocks dropped
on U.S. crude stocks data which led to a fall in
oil pric
oil 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 trilli
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 trilli
and 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 thin
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 thin
and 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.