Sentences with phrase «over global oil»

Also, Saudi - Arabia has a lot of control over the global oil market, which gives them quite a lot of leverage against the international community.

Gay said, noting that Iran's increasing control over the global oil market could be a weapon against Saudi Arabia.

To be fair, there have been a several times that markets didn't recover as quickly after seismic geopolitical events such as the invasion of France in 1940 and the Yom Kippur War (which led to a complete realignment of control over global oil), according to the Credit Suisse team led by Keating.

Not exact matches

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.

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

Take government - owned sovereign wealth funds for example: Over $ 5 trillion is invested in global capital markets from SWF's coming directly from oil - producing nations.

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

Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

As a result, over the past decade global luxury brands started expanding into the capitals of oil - rich countries such as Saudi Arabia, Kuwait and the U.A.E., giving women access to shopping on par with the biggest European cities (Dubai is home to the world's largest shopping mall) and higher consumer expectations.

The actor and former governor of California said in a Politico - sponsored podcast at the SXSW festival in Austin that he is in talks with law firms about possibly suing global oil companies «for knowingly killing people all over the world.»

Meanwhile, the world's nearly 8 billion people and $ 80 trillion economy depend on hydrocarbons to supply over 80 % of global energy; oil fuels 98 % of transportation.

Markets have had a wild ride in January amid worry over China's weakening economy, a plunge in oil prices and heightened global geopolitical tension.

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.

The U.S. dollar clung to gains amid fading concerns over a global trade war, while oil soared on a reported decline in U.S. crude inventories and the possibility of supply disruptions.

Global investors have regained some of their risk appetite and invested more of their cash in spite of the continuing oil price weakness and concerns over corporate earnings and global gGlobal investors have regained some of their risk appetite and invested more of their cash in spite of the continuing oil price weakness and concerns over corporate earnings and global gglobal growth.

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.

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.

Demand for jet fuel has increased over the last two years as the global economy has strengthened and airplane passenger traffic has risen, said Sandy Fielden, director of oil and products research at Morningstar Commodities in Austin, Texas.

The dollar's weakness, however, failed to help global oil prices, which continued to fall in Monday trading following last Friday's data from Baker Hughes (BHI) showed U.S. oil and natural gas producers added 21 rigs over the past week,

And while Canada - wide median incomes were up by an inflation - adjusted 3.5 per cent over that time, the performance was heavily influenced by oil - rich provinces such as Alberta and Saskatchewan — a trend that's since hit a wall, thanks to the collapse of global oil prices.

The moves higher in global stock markets have been accompanied by a recovery in oil prices to over $ 48 a barrel, receding worries about the Chinese economy, and the U.S. Federal Reserve indicating it is in no hurry to tighten policy.

Global oil prices gained Monday amid a brewing diplomatic row in the Gulf region that has seen several states cut diplomatic ties with Qatar over its alleged support for extremists.

Indeed, some mining and upgrading operations require global oil prices in excess of US$ 80 a barrel to be profitable over the long term.

TORONTO — The plunge in global stock markets over the past week has dragged down the Canadian dollar and oil prices, but some market observers see signs the loonie's fortunes will change this year even as the Canadian dollar continued its slide Monday.

The sector actually hit a low point around mid-February, based on concerns for lower global growth as well as crude oil's slide below $ 30 a barrel, but has rallied significantly over the past month.

In contrast, oil producers posted cumulative losses of $ 32 billion over the course of the last three years as revenues declined sharply following the global collapse in oil prices.

Iran plans to increase production to 4 million barrels a day, an increase of 33 percent over February's output, before it will join other suppliers in seeking to balance the global oil market.

NEW YORK 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.

President Rafael Correa said over the weekend he would like to see OPEC members agree on a deal to stabilize the global oil market.

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.

Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.

The global pick - up in demand and activity has generated strong upward pressure on a range of commodity prices over recent months, notably for oil, gold, base metals and a number of rural commodities.

Mergers and acquisitions involving Russian companies, including Morgan Stanley's planned sale of its global oil - trading unit to Rosneft, are threatened by Western sanctions on Moscow over the Ukraine crisis.

Oil prices took another hit on fears over the impact on global consumption.

Also, a more stringent global regulatory framework for «Over The Counter» oil derivatives and greater transparency on professional price reporting (the «Price Reporting Agencies») are important for the smooth functioning of markets and for its operators, but they will have a very limited impact on the final price.

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

He lamented over what he regarded as era of extinction of crude oil in the world, saying the sharp drop in the global prices of crude oil was a signal to the fact that government at all levels need to shift face to agriculture.

Enck has also been involved in Albany's South End community, where community members have been fighting over the past three years against Global Partners oil company in the Port of Albany.

Yantai Jereh Group is a multi-billion dollar publicly traded global organization with a presence in over 60 countries worldwide, specializing in oil and gas services, EPCC project implementation, as well as equipment manufacturing, technological services, project implementation and turn - key engineering.

The cartel, which controls roughly 40 percent of global oil production, has cut output by about 8.5 percent over the same period last year, while global demand is down by a little over 2 percent, according to the U.S. Energy Information Administration.

In the new paper, published in the journal Environmental Research Letters, Höglund - Isaksson estimated global methane emissions from oil and gas systems in over 100 countries over a 32 - year period, using a variety of country - specific data ranging from reported volumes of associated gas to satellite imagery that can show flaring, as well as atmospheric measurements of ethane, a gas which is released along with methane and easier to link more directly to oil and gas activities.

«What we find is that sustained low or high oil prices could have a major impact on the global energy system over the next several decades; and depending on how the fuel substitution dynamics play out, the carbon dioxide consequences could be significant.»

«As global energy demand grows over this century, there is an urgent need to reduce our dependence on fossil fuels and imported oil and curtail greenhouse gas emissions,» said Secretary of Energy Steven Chu.

Over 50 global problems (including climate change, rogue satellites, chemical warfare, massive oil spills, tsunamis, and ethnic and religious conflict) can be unraveled and solved.

The updates over and above the Rufus spec are focused on reliability and robustness for track duty and include: oil, transmission, and differential coolers; a Global MX - 5 Cup - spec transmission with beefier third and fourth gears and new case studs; Verus Engineering brake ducts; a Hard Dog rollbar; and Flyin» Miata's Wilwood Stage 2 Big Brake Kit and Fox Stage 2 suspension kit (improved spring rates, Fox Racing shocks, and FM - specific sway bars).

This paper provides an overview of recent trends in light - duty vehicle fuel economy around the world, new projections, and a discussion of fuel economy technology opportunities and costs over the next 30 - 50 years - all in the context of recent IEA projections of global energy use (especially oil use) and CO2 emissions.

While equity market volatility certainly increased around year - end and has carried over into the New Year, global equity markets aside from a few market segments (oil & gas, mining, certain emerging markets) remain fairly to fully valued, and in some instances overvalued from our perspective.

While Canadian banks are being dragged down by worries over the global credit crunch, and oil companies have tumbled because of falling oil prices, all these companies should be fine in the long run.

The bank expects the federal investments of about $ 25 billion over the next two years to more than offset the negative consequences of a slightly stronger dollar, weaker - than - expected global growth and shrinking investment in the oil sector.