Weighing in
on oil price uncertainty, market watchers have been in a state of confusion over varying reports over the past three days as to the status of exports from Libya's biggest producing oilfield.
Not exact matches
«We expect the stagnation trend to continue and potentially accelerate next year, exacerbated by lower
oil prices, tighter monetary policy and continued
uncertainty on the geopolitical front,» noted Barclays economist Eldar Vakhitov in a recent report.
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.
Finance Minister Joe Oliver, who is delaying the release of the federal budget until at least April due to
uncertainty over falling
oil prices, will have to put something
on the table soon.
His justification for the delay was that
uncertainty on the future of
oil prices made it difficult to plan his budget.
It is now pretty obvious that the delay in the budget to April 21 had nothing to do with
uncertainty resulting from the dramatic decline
on oil prices.
His excuse was that rapidly falling
oil prices were creating an unusual high degree of
uncertainty for budget planning and that he needed more time to assess the future course of
oil prices and their impact
on the economy.
These financial
uncertainties are likely to retard consumer sentiment in the short run until market expectations both
on the future of
oil prices and the housing market valuations stabilize.
Investors started off 2015 with a slow global economy, low
oil prices, a strong Dollar, and a deflationary Europe with great
uncertainties on the progress of the US economy and the recent launch of Europe's quantitative easing.
Crude
oil prices edged up
on Friday boosted by stronger than expected U.S. economic data though the longer - term outlook for energy markets remains weak due to a global
oil supply glut and
uncertainty over economic growth prospects in Asia.
However, it seems that Wall Street is fixating
on the earnings miss and the
uncertainty of low
oil prices in 2015.
Recent market swings, brought
on by falling
oil prices, China's slowing economy, and political
uncertainty have many investors concerned about their retirement savings.
He added of 2015 - 16: «
On the one hand we had an M&A boom in developed markets during calendar 2015, while on the other hand clients also had to contend with a slowdown in China, the collapse of oil and commodity prices and rising uncertainty over the UK's referendum on whether to leave the European Union.&raqu
On the one hand we had an M&A boom in developed markets during calendar 2015, while
on the other hand clients also had to contend with a slowdown in China, the collapse of oil and commodity prices and rising uncertainty over the UK's referendum on whether to leave the European Union.&raqu
on the other hand clients also had to contend with a slowdown in China, the collapse of
oil and commodity
prices and rising
uncertainty over the UK's referendum
on whether to leave the European Union.&raqu
on whether to leave the European Union.»
Global economic turmoil, slumping
oil prices and the
uncertainty of this year's presidential election are weighing
on luxury - home buyers» decision - making across the U.S..