Sentences with phrase «over oil markets»

Not exact matches

The price of oil has risen to its highest since late 2014 this month, driven by concern over the potential for disruption to Iranian crude flows, but analysts say the degree of uncertainty hanging over the deal means the market is extremely sensitive to any developments.

Exxon's profits have improved over the last year as the oil market continues to recover from a prolonged price slump.

As pipeline politics came to dominate the North American energy debate, uncertainty over TransCanada's Keystone XL project gave new urgency to other efforts to expand Canada's oil market, including Enbridge's Northern Gateway project.

Saudi oil policy reversed course after Saudi Aramco technocrat Khalid al - Falih took over as energy minister, shifting from a market share strategy to active market management.

It also means that over the next year, Apple will be paying more back in dividends than any other publicly traded company, beating out oil giant Exxon Mobil for the position, according to Howard Siliverblatt, veteran market watcher and senior index analyst at S&P Dow Jones Indices.

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.

Oil markets could quickly settle down before pushing Europe over the brink and denting the renewed American love affair with Detroit's SUVs.

He says that Canadian oil production is projected to double over the next two decades to about six billion barrels, but finding markets and getting the oil to market is not assured.

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

Oil prices gave up earlier gains as rising U.S. output loomed over markets, despite a slowdown in rig drilling activity.

At the conference, presented by CNBC and Institutional Investor, Cooperman also shared his view on the market and oil prices over the next year.

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.

«If you go into a deli and order an egg - white omelet, the first thing they do is squirt oil all over the grill,» says Leone, a former district manager for Boston Market and Ranch 1.

CNBC's Jackie DeAngelis reports the close of the oil market as they roll over to November from October.

He points out that the double - digit growth much of the emerging market experienced in 2010 is over, so it's unlikely we'll see oil prices rise, at least in the short term.

«The main dynamic which is facing all of the producers, whether they are OPEC or non-OPEC, was that had the current market situation remained in place we would have gone into 2017 and probably through most of 2017 with the oil market still in considerably surplus supply over demand, and that would be the fourth year in a row where that situation prevailed,» Atkinson said.

«Over the last six to nine months, there have been times we actually liked Russian markets on the back of recovering commodities and oil prices,» he told CNBC's Squawk Box on Tuesday.

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.

A prolonged downturn in oil and natural gas markets continued to ripple through New Mexico's economy over the summer and into the fall, undermining state tax revenues.

«Because of the rapidly growing levels of oil production in the United States and the fact that we've virtually nowhere else to sell our oil than the U.S. market, Alberta is getting just over $ 50 a barrel for our oil,» Redford said.

Energy East will serve as a link between Eastern Canadian refineries and the western crude oil market, where crude oil had been discounted significantly since mid-2010 until these price differentials converged rapidly over the last couple of months.

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.

Khosla said this will create a «brand new $ 70 billion market in ten years» and «start the trend for technologies that will inevitably take over the oil business.»

But the deadline for the Iran negotiations — ostensibly set for June 30 — is only a week away and the outcome could have broad ramifications for the oil market, both in the immediate aftermath and over the long - term.

CARACAS Venezuelan state oil company PDVSA has sued a group of oil trading companies through a U.S. trust over a multi-billion dollar corruption scheme to buy petroleum products below market value, the lawyer representing the trust said on Thursday.

Jeff is a classic chicken little thinker, oil prices are high and OMG its the end of the world as we know it, oil prices falls and OMG the TSX market is over and done with.

Dubai's main stock market and Abu Dhabi's index have closed at their lowest points of the year amid mounting anxiety over plunging oil prices.

The market should not be overly enthusiastic over today's oil price surge on reports that OPEC has managed to reach some kind of a deal to reduce supply, David Hunt, chief executive at asset manager PGIM, said in an interview with Bloomberg Television on Wednesday.

But the junk bond market actually began slowly rolling over a full year before the price of oil collapsed:

Oil - related earnings will likely rebound faster than metals over the next few years as banks focus on building revenues in the oil derivatives market, which is historically a much bigger business than metals derivatives, Shahani saOil - related earnings will likely rebound faster than metals over the next few years as banks focus on building revenues in the oil derivatives market, which is historically a much bigger business than metals derivatives, Shahani saoil derivatives market, which is historically a much bigger business than metals derivatives, Shahani said.

This, then, brings us to the very same «chicken and egg» issue that has plagued the Keystone XL pipeline (KXL) and that has caused energy (and myriad other) analysts to spill tons of virtual ink over: Are pipelines such as KXL and NGP simply one form of bringing oil to market (alongside rail, for example), or do they enable increased production?

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.

Oil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productiOil prices finish higher as IMF move threatens Venezuelan output Traders also weigh jump in U.S. crude supplies, risks to Iran dealAfter trading on a mixed note for much of Wednesday's session, oil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude productioil prices settled decidedly higher, as the International Monetary Fund's threat to expel Venezuela reignited market concerns over the struggling nation's crude production.

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 rally in oil prices over the past year likely had more to do with higher demand rather than merely the supply taken off of the market by the OPEC / non-OPEC Continue Reading

* Market expects U.S. to re-impose sanctions against Iran * Plunging Venezuelan output further tightens markets * But soaring U.S. crude production holds back marketBy Henning GloysteinSINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.UOil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.Uoil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.U.S.

Concerns over China's economic growth rate and collapsing oil prices have roiled financial markets in the first days of 2016, so it's...

The oil market crash over the past two years has strained the state - owned company even further, with the finances having «taken a huge blow,» Coldwell said.

The EOR project has the potential to add 2,000 bbl / day — 3,000 bbl / day of light oil production, which would throw off substantial cash flows and unlock over 25 million barrels of oil equivalent of in - place volumes with potential value of $ 177 million ($ 1.39 / fd share) versus a market cap of ~ $ 14 million today.

Over the first six weeks of the year, the Dow Jones Industrial Average declined 10 %, as the prospect of interest rate hikes by the Federal Reserve, a slump in oil prices, and concerns about economic conditions in Europe and China caused the long - running bull market to stumble.

Suppose you knew ahead of time that a specific market or commodity like oil, gold, or technology was expected to jump an average of $ 1.75 per share on a specific date, and that move was going to take place over a precisely detailed period of time?

«There are pockets of areas that are getting stronger and weaker — certainly there is less demand in the oil patch — but overall I have not seen any market change in the amount of deal flow over the course of 2014 or 2015,» reports Michael W. Scolaro, managing director and group head of Asset Based Lending at BMO Harris Bank.

Over the last few weeks, oil producers have signaled to the market that activity levels will fall 25 % year - over-year.

While the market continues to communicate concern over rising levels of shale production, this bullish inventory data coupled with a slightly softer USD profile, it's easy to see why oil prices are finding fresh session highs going into the NY close.

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.

All together, the oil markets could see a 2 % reduction in supply over the first half of 2017.

Alberta Premier Rachel Notley makes remarks before the first meeting of the Market Access Task Force, convened to respond to B.C. in the fight over the Trans Mountain oil pipeline, in Edmonton Alta, on Wednesday February 14, 2018.

The price of oil, remember, like other commodities, is not typically quoted from cash markets but rather from futures to allow for smoother and more comparable tracking of the commodity's value over time.

Oil prices have the potential to rise another 15 % over the remainder of 2018, as the market faces up to an undersupply and low storage «double hit».

«We are predicting increased sales over the next couple of years as the housing market continues a steady pace of growth, and of course we still have [a] strong oil industry here and construction is picking up,» he said.