Sentences with phrase «over oil prices»

Airlines in Trouble Over Oil Prices As we mentioned in our post on the return of turboprop aircraft, airlines have been hit incredibly hard by rising fuel costs and, in places where competition exists, by travellers switching to high speed rail.

No more dead of winter fill - ups and no more fretting over oil prices.

Their boisterousness over oil prices takes on Brexit levels of dishonesty given what has happened since - had Scotland voted Yes in 2014, it would now be the world's newest financial crisis.

OPEC and the oil majors may exercise some influence over oil prices in the very short term, but in the medium run they have proved to be price - takers, not price - makers.

VTI has dropped by 2.7 % but VCE kept pretty well considering significant uncertainty over oil price fluctuation, I think the market held pretty steady.

Not exact matches

«I would say take Egypt over Saudi Arabia because the Saudi economy is more vulnerable to oil prices.»

Brent oil prices eased off four - month highs of just over $ 75 a barrel set on Monday on worries that Trump may pull out of the 2015 Iran nuclear deal and thus bring back sanctions on its oil output.

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.

SINGAPORE, April 26 - Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.

Oil prices rose on Tuesday as companies prepared to suspend production in the U.S. Gulf over a looming tropical storm.

Senior executives are pledging to maintain a cautious approach to investment and spending despite the recovery in oil prices over the last two years.

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

With operating net profit — or profits before taxes and interest — up by 30 percent to 978 million euros, Eni CEO Claudio Descalzi said that Eni's results were «over and above the rising price of oil.»

It comes as little surprise then that Saudi Arabia and Iran — apart from the tense regional archrivalry — are reportedly at odds over where to go next with the OPEC deal, and how high an oil price the cartel should target.

Brent oil prices eased off four - month highs of just over $ 75 a barrel set on Monday on worries that U.S. President Donald Trump may pull out of the 2015 Iran nuclear deal and thereby bring back sanctions on its oil output.

But van Beurden has been slimming down his portfolio of oil projects with the intent of keeping only those lean enough to make good returns in a world in which oil prices average no more than $ 40 a barrel, well below the average price over the past decade.

That's an increase of a little over 35 % from where it was trading four years ago, when oil prices were three times higher.

Nigeria's nationwide oil - worker strike ended over the weekend, and oil prices fell as low as $ 67.55 per barrel on Monday.

The company said in February that it planned to buy back up to $ 5 billion of stock over 2018 - 2020 to share the benefits of higher oil prices with investors.

Oil prices have risen this month to their highest since late 2014, driven by concern over potential disruptions to Iranian crude flows.

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.

The price of oil dropped Tuesday after a big jump a day earlier over jitters that Russia's military advance into Ukraine could result in economic sanctions against one of the world's major energy suppliers.

The count of active oil rigs fell with prices, but has risen over the past few months, mostly in the Permian.

In the commodities space, oil prices are headed for their eighth consecutive week of falls on Friday, the longest losing streak since 1986, according to Reuters, after the news of a sharp drop in Chinese manufacturing increased worries over the health of the world's biggest energy consumer.

Jim Cramer argues that OPEC is a «shadow of its former self» and no longer wields control over the price of oil.

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.

For one thing, the concerns over the decline in crude oil prices may be overdone, it said, adding that the economy is still resilient and Malaysia is likely to maintain a trade surplus as demand for imports is also softening along with exports.

With the widened spread in oil prices between Edmonton and tidewater, however, rival customers from Washington, California and Asia are now fighting over the cheaper Canadian crude.

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

«At this point, and in the context of oil prices that are within striking distance of what we envision to be cyclical highs over the next 6 to 12 months, we think the Exxon short has essentially run its course,» Raymond James analyst Pavel Molchanov wrote.

Economists are now fretting over daily swings in the price of oil, which recently surged to more than US$ 105 per barrel — its highest level in more than two - and - a-half years.

Oil prices rose overnight amid concerns over geopolitical developments, particularly concerns about Iran.

Oil prices surged by about $ 3 a barrel over the last two sessions, posting their best two - day gain since November.

While it looked like oil prices were recovering slightly in June, they slipped back down over the past few weeks, continuing a decline that started to over two years ago.

The Federal Reserve did not help in the process as their response to increasing oil prices and the war in the Middle East was to RAISE the short term Fed Funds rate from 5.50 to over 10 percent.

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

Other important assumptions not specified above are a $ 0.99 US / Cdn FX rate, a $ 4 / bbl diluent premium over light oil and a $ CDN 15 difference between the $ CDN - equivalent WTI price and WCS prices at Hardisty, both increasing with inflation, and transportation charges of $ 1 / bbl for diluent and $ 1.50 / bbl for dilbit to / from Hardisty.

SINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.

Those families who have benefited the least from the big increase in stock prices over the last few years have the most to gain, proportionately, from the drop in oil and gas prices.

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

The Comey broadside came during a busy morning for Trump on Twitter, which also saw him take shots at OPEC for causing «artificially» high oil prices and House Democratic Leader Nancy Pelosi over taxes.

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.

CNBC's Jackie DeAngelis reports fresh lows in crude over the weekend as concerns resurface that oversupply will continue to pressure oil prices.

After studying oil prices over long periods, the GMO chief strategist has come to believe that there have been two major paradigm shifts when oil reset at higher baseline levels.

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

Meanwhile, oil prices have recovered over the last two years from a slump in 2014 and 2015.

In preparation for testimony before the House of Commons finance committee in Ottawa on March 10, I pulled together some thoughts on three aspects of the impact of the oil - price crash on oil sands projects and policies, and I thought I'd share them with you here over this and the next couple of posts.

Her father had hoped she could use her business acumen and political standing to clamp down on theft from the state oil company as it struggled to adjust to the sharp fall of oil prices over the previous year.

«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.