Sentences with phrase «price of oil just»

During our webcast last month, Brian Hicks, portfolio manager of our Global Resources Fund (PSPFX), emphasized the point that the current price of oil just isn't sustainable:

Not exact matches

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.

Though some analysts have worried that the intransigence of European lenders would force Greece into Russia's sphere of influence, it's not clear just what Russia could do for the Greeks, given Russia's own economic troubles amid low oil prices and Western sanctions.

People are conditioned to expect some price increases, just like we're conditioned to expect gas prices to go up or down with the price of crude oil.

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.

Notley achieved one of the most surprising electoral wins in Canadian history and one of the most profound for the progressive movement, but it came just as oil was reaching terminal price - drop velocity, shoaling the Alberta revenue tanker.

Just how bad low oil prices are — if they're bad at all — kind of depends on your perspective, he says.

Oil traders are eagerly anticipating an extension to OPEC's production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodiOil traders are eagerly anticipating an extension to OPEC's production cut this week, but one analyst has told CNBC that comments from the oil cartel could be just as powerful in propping up the price of the commodioil cartel could be just as powerful in propping up the price of the commodity.

The far - reaching consequences of the recent drop in oil prices have been a testimony to just how central crude is in American life: With cheap gasoline bringing more drivers onto the road, traffic deaths were up nearly 10 percent in the first nine months of 2015.

The long era of too much oil sloshing around the world and low prices is coming to an end, just as global events are heating up crude prices.

Fuelled by a low peso and cheap labour costs, Mexico's booming manufacturing industry has already overtaken Canada's in terms of the dollar value of exports to the U.S. Indeed, Canada is contending with more than just low oil prices.

«Don't just take a punt on the oil price, because the path of recovery is going to have its ups and downs.»

The NOCs are being approached by lawyers and investment bankers not just from Calgary but from Houston and Melbourne too, seeking patient capital for long - timeline projects while equity prices for energy companies have been steadily sinking on stock markets despite the high price of oil.

That lifted oil prices above $ 58 a barrel in January, well above their 2016 low of just $ 27.

The future viability of oil sands projects depends not just on your view of world oil prices — it depends just as much on how these factors evolve, in particular discounts to Canadian heavy products and the Canadian dollar.

Oil prices could continue trading sideways ahead of the U.S. elections just six days away, analysts said.

First, I want to look at how the changes not just in oil prices, but also changes in diluent costs, discounts for oil sands crude relative to light crude and, in particular, the fall of the Canadian dollar have changed the outlook for new oil sands projects — for those under construction, and for those currently operating.

When Sarah Palin was the governor of Alaska and North Slope crude oil was reaching its all - time record price of around $ 144 in July of 2008 — just as she was being named the GOP vice presidential nominee — the chant seemed like a no - brainer:

Just ask the investors who thought energy stocks were a screaming bargain in the fall of 2014 — just months before the oil price collapJust ask the investors who thought energy stocks were a screaming bargain in the fall of 2014 — just months before the oil price collapjust months before the oil price collapsed.

After an ugly six weeks in January and February when stocks and oil prices tumbled in tandem, shares in the U.S. and much of the rest of the world have recovered nicely, with the S&P 500 on track to rise by just under 10 % for the year.

The facts are not right here, energy is cheap that means the cost of manufacturing and transporting of goods is low, food and consumers staples already more affordable, so what if a few American oil companies going out of business.the cost of producing oil in middle east is less than $ 10 / bl and we were paying more than $ 140 / bl for it, with that huge profit margin the big oil companies and oil producing nations became richer and the rest of us left behind, with the oil price this low the oil giants don't want to reduce the price at pump even a penny, because they are so greedy.worst case scenario is some CEOs bonuses might drop from $ 20 million to $ 15 millions I am sure they will survive.in terms of the stock market it always bounces back, after all it's just a casino like game.

It's not just American companies that have grown lean and mean in this climate of lower oil prices.

Because of the drama in Saudi Arabia and further extended production cuts planned by the Organization of Petroleum Exporting Countries (OPEC), Morgan Stanley just raised its forecast for the price of oil, estimating WTI to average $ 58 a barrel in the second quarter of 2018.

This parched patch of land, under which lies the largest oil - producing rock formations in the United States, is the epicenter of a growth binge that shows just how tight the link remains between low unemployment, rising wages, and upward pricing pressure.

Related: The World Just Lost One Of Its Biggest Oil Plays To Low Prices

Gasoline prices have been moving up steadily with the price of oil, and are now up 33 cents from last year's levels and almost 20 cents from just a month ago, according to AAA data.

That just puts the price of oil that much farther out of U.S. motorists» reach, while a soaring Yuan would give China's motorists a big currency - adjusted discount at their pumps.

Looking ahead into 2018, I am keeping a close eye on the energy sector, where the ability of US exploration and production (E&P) companies to grow oil production — at half the price of oil from just a few years ago — remains a competitive advantage for these firms.

Just as we saw during the Arab Spring of 2011, oil prices are currently rising on the back of concerns that the supply from the region could be affected by the current political unrest in Egypt.

To begin with, the economic devastation to Texas from the collapsing price of oil is just beginning.

But as of now, OPEC just upset everyone's forecast for oil prices going forward.

By connecting land - locked oil deposits in Alberta and North Dakota with world markets, pipelines and railways aren't just letting industry pull more oil out of the ground — they're also connecting those oil flows to world prices.

The company is just starting to ramp up horizontal drilling in the region, which could fuel 20 % to 35 % annual production growth through 2020 depending on oil prices, boosting its Permian output to a range of 250,000 - 350,000 BOE / d.

As Nobel economist (and one of my dissertation advisors at Stanford) Joe Stiglitz noted on Friday, a good part of the reason for rising oil prices is because the producers are already awash in U.S. assets, and to supply significantly more oil will just force them to accumulate more low - return assets.

«Based on the Saudi current - account balance, Aramco had revenues of $ 160 billion last year from just oil and refined products exports when the average price of oil was $ 43 a barrel,» Fareed Mohamedi from the Rapidan Group said.

Oil price volatility, trade tensions, geopolitical risk and a «sharp tightening of global financial conditions» are just a few of the potential pitfalls that lie ahead.

Of course, oil means energy, which means that higher oil costs will translate into higher prices for just about everything, not just at the fuel pump.

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.

However, just as oil prices began rebounding, fears of this divorce abated.

The average price for a gallon of unleaded regular shot up 13 cents in just three days last week in response to a spike in crude oil prices on the global market.

He was lucky to have the greatest advance of oil prices ever and so after his first year it was just paying bills with lots of money.

Then the price of oil collapsed — from $ 115 in June 2014 to less than $ 30 just over a year later.

While we don't know anything about Linda Cook's political affiliations, it would be a safe bet that the Harbour Energy principal would be backing President Donald Trump in his Twitter war with the Saudi oil minister over just what the appropriate direction of oil prices should be.

The price for a barrel of bitumen, the tar - like oil sands that comes from Alberta, fell to just over $ 8 per barrel this week.

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.

It just goes to show that even if the oil price is in the doldrums, there are oil related companies that are profitable at current levels that keep sending you a chunk of the profits.

Crude and gasoline prices are still well below the levels of $ 115 per barrel and $ 3.80 per gallon where they stood just before oil prices started slumping at the end of June 2014.

Currently, the price of a barrel of Venezuelan oil is just under $ 60, which would mean a currency issuance of just under $ 6 billion.

Just to give you a sense of the scale here, we're expected to grow demand by one million barrels per day, and we have 650,000 barrels that need an oil price north of $ 80.

I'm just saying that at the lower end of the scale, greed has no bearing on the price of bread unless you're the oil companies driving up the prices of everything in the country.