Sentences with phrase «period of low oil prices»
These two case histories simply suggest is that the present period of low oil prices is more similar to that of the 1980s and 1990s than to that of the 2008 - 2009 period.
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Similarly, the deciding factor in whether and how much oilsands production continues to grow may not be battles over Keystone XL and Northern Gateway so much as a protracted period of low oil prices, the decline in the cost of renewable energy or the adoption of low - carbon policies by governments worldwide.
Williams's confidence may come from his predecessor, Rick George, who used periods of low oil prices to snap up assets, exploit economies of scale and accrue shareholder value.
According to Bank of America Merrill Lynch, an extended period of low oil prices could mark the peak of the Gulf macro story.
Their estimated production growth is higher than its super major peers, and its downstream operations (refining and marketing) help balance out its earnings during periods of low oil prices.
In contrast, Iran's economy may be resilient enough to withstand a protracted period of low oil prices.
The recent hot run for airline stocks has coincided with another period of low oil prices (see chart below) and steady economic growth, leaving some to wonder whether aviation's sad history will repeat itself.
But now Papa said the the best days are behind some of those fields after a period of low oil prices prompted drillers to train their rigs on their best acreage and deplete the most cost - efficient production.
«Canadian Oil Sands is demonstrating its ability to weather this period of low oil prices and even a modest improvement in oil prices will generate robust expansion of cash flow,» President and Chief Executive Officer -LSB-...]
The committee, in a communique issued at the end of its first meeting for the 2016 fiscal period in Abuja, observed that while the period of low oil prices, which occurred in 2005, lasted for a maximum of eight months, the current situation was expected to continue over a longer period of time.