Sentences with phrase «plunging prices of oil»

Corporate profit growth hit a wall this year, as plunging prices of oil and metals slammed energy and raw - material producers, the stronger dollar hurt exporters, and economic growth remained tepid.

The bank also says it's keeping a close eye on emerging threats, such as weakening commodity prices and the plunging price of oil.

Not exact matches

Although OPEC and allies have never officially targeted any specific price of oil with the production cut agreement, each member of the pact knows very well where they want oil prices to be in order to balance their budgets that have been stretched thin in the price plunge.

Prices of commodities like corn, oil, or gold often plunge when producers pump out supply to meet demand, creating inadvertent gluts.

While summer is meant to be the season where oil prices hit their annual highs, the price of crude oil has plunged recently.

As crude prices began to plunge last year, many energy experts predicted a repeat of 1986 when U.S. oil companies lost their funding and the industry collapsed into a yearslong bust.

Falling Chinese demand has sent prices plunging for all manner of commodities — iron, copper, oil.

Rive argues that it should stay underground, that the oil majors look at the world through petroleum - coated lenses, and that the benefits of solar are so obvious that once the price becomes more competitive, fossil - fuel use will plunge.

Many economists worried that the state was in for a recession along the lines of the oil shock of the 1980s, when real estate prices plunged and unemployment soared.

But a series of shocks to the market — including plunging oil prices, Western sanctions, recession and higher beer taxes — has diminished its weight in the brewer's earnings.

Before branching out on his own, he was one of legendary investor Julian Robertson's first so - called tiger cubs, responsible for some big market calls during the 1990s such as the collapse of oil prices after start of the Persian Gulf War and the plunge in the British pound.

The 2015 budget deficit had to be revised to 3.2 percent of GDP from 3 percent after crude oil prices plunged, but that's down from a high of 6.7 percent in 2009 during the Global Financial Crisis, Maybank noted.

Chevron Corp, the second - largest U.S. - based oil producer, slashed its 2016 capital budget by 25 percent and said it would lay off roughly 10 percent of its workforce, one of the most - drastic reactions to date to the plunge in crude prices CLc1.

The collapse of oil prices and Western sanctions have plunged the Russian economy into a death spiral.

That's looked like an awfully bad bet since the oil - price plunge of 2014, although the winnings sure were rolling in for a few years there.

Battered by the plunging price of crude, the market is now bracing for what experts predict will be a flood of Iranian oil after the United States and the European Union lifted economic sanctions against Iran.

GDP grew by 0.55 percent in the second quarter of the year, which, although a meager growth rate, was welcomed because it signaled Nigeria's exit from the recession that it plunged into due to the oil price crash.

And though economic recovery has begun, Albertans still feel the scars of the deep recession and oil - price plunge.

Residents see effects of oil's price plunge from the «reduced» banners over lingering home sale signs to the empty desks and floors in downtown office towers.

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 share price of Carrizo Oil & Gas, an Eagle Ford - focused shale driller, has plunged by as much as 15 percent over the past week.

Plunging global crude oil prices crimped 2015 earnings for China's trio of oil companies, according to their annual reports.

When the price of oil is the foundation of your country's economy, a sudden plunge to half its value focuses the mind wonderfully, doesn't it?

This is the same Mr. Rubin who predicted $ 200 oil back in 2006 right before oil plunged from $ 147 to $ 40 a barrel and subsequently predicted the demise of the industry right before the last run - up in prices.

The market dogs that didn't bark Stocks plunged, but oil prices, bond prices and currencies were calmThe correction in the stock market probably doesn't mean the end of the bull market, because of the dogs that didn't bark, writes Anatole Kaletsky.

Although not an OPEC member, Russia, once the world's largest producer of crude, is being squeezed by plunging oil prices on the left, international sanctions on the right.

What: Just when investors thought it was safe to go back into the waters of the oil market, building inventories of refined product and crude sent oil prices plunging today and taking exploration and production stocks with them.

Stocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil.

Still, we see less risk of a renewed oil price plunge and the potential for a gradual rise toward long - term equilibrium levels around $ 60 a barrel, where supply and demand are likely to find a better balance.

The dramatic plunge in the prices of oil and industrial commodities as a result of slowing demand from China together with increased supply from the United States, decimated energy and materials companies» profits.

For the time being, much of the analysis on the financial losses focuses on the plunge in oil and coal prices, and the potential that a huge portion of the global reserves of oil, gas, and coal will be «stranded» in the ground to curb climate change.

Investors seem to believe that those yields are relatively safe, unlike yields from oil and gas partnerships, some of which are in the stratosphere due to the plunge in share prices.

A new oil order has emerged over the past few years as oil prices have taken a plunge of about 60 %.

The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have already accumulated sufficient FX reserves and no longer need to accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.

After years of declining output, major oil companies have ramped up crude production this year, just as they are being battered by a plunge in prices due to already excessive supplies.

When Sheikh Ali Khalifa al - Sabah of Kuwait thinks about today's plunging oil prices, his mind drifts back to the mid-1980s, when he was forced to sell some of his country's Continue Reading

As if the falling ruble, crippling sanctions and plunging oil prices weren't a bad enough combination for Russian President Vladimir Putin, now his most important ally, China, is facing serious economic problems of its own.

Key reasons for last year's sluggishness was a plunge in oil prices and other commodities prices, that added to the struggles of China as it attempts to transition its economy away from manufacturing exports to developing its services industry.

To me, the best thing that could happen for MLPs is two quarters of nothing happening — no distribution cuts, no companies having this issue or that issue, no oil price plunge and no big interest rate movements.

The agency said that with the number of rigs running in the US plunging by 60 per cent in response to lower oil prices, US shale oil production had «buckled» in April, «bringing a multiyear winning streak to an apparent close».

A purge of these stocks has yet to occur, but with the plunge in oil prices, a slew of projects now look to be unprofitable, arousing fears of a panicked reaction among capital markets.

Who could really have forecast the timing of sovereign defaults in Russia in 1998, the Mexican Peso devaluation in 1994, the U.S. Savings and Loan debacle in the mid-to-late 1980's, or the plunge in oil prices in 1982 and again in 1998?

Circuit breakers tripping and then being pulled in China, RBC raising mortgage rates in Canada and the price of oil continuing to plunge have made for quite an opening act to 2016.

Then, the weeks that followed brought the deep, unexpected plunge in world oil prices, a crash Ottawa has predicted will indirectly chew billions of dollars from its bottom line.

The motive was to provide a bit of «insurance» to the Canadian economy because of the prolonged plunge in oil prices.

The Bank of Canada cut interest rates by a quarter of a percentage point twice in 2015 to help the economy deal with a plunge in oil prices, but it said Wednesday that adjustment has been made.

Concerns about the impacts of continued lagging oil prices (not oil on canvases), the aftermath of Brexit, and the unexpected U.S. presidential election results, when markets immediately plunged and then recovered (and as of this writing the Dow topped a record 19,000 points), appear to have had little effect on art buying confidence from sophisticated collectors.

And in the business section, Clifford Krauss looks at the challenges that renewable energy technologies are facing because of the credit freeze and the plunge in oil and natural gas prices:

Second, as the prices of oil and natural gas continue their downward plunge in search of a bottom, renewables on which climate change advocates are relying to replace fossil fuels become increasingly uncompetitive and in need of subsidies.

Since hitting its peak in March 2011, the BlackRock iShares Oil Sands Index Fund, which tracks the biggest energy companies operating in Alberta's oil sands, has lost more than two - thirds of its value — and roughly half its value since oil prices began plunging last AuguOil Sands Index Fund, which tracks the biggest energy companies operating in Alberta's oil sands, has lost more than two - thirds of its value — and roughly half its value since oil prices began plunging last Auguoil sands, has lost more than two - thirds of its value — and roughly half its value since oil prices began plunging last Auguoil prices began plunging last August.