Sentences with phrase «price of oil rose»

The outcome of any conflict in the Middle East seems to have standard market reverberations; the price of oil rises, investors flock to safe havens such as gold and the American dollar.

Now, aside from the usual nonsense in the Middle East, we have specific hot spots which should see the risk premium in the price of oil rise over the next few months.

As the price of oil rises and supplies of petroleum become constricted, the popularity of — and demand for — natural gas will more than likely rise as well.

Economic theory assures us that as the price of oil rises, additional sources will be found, it will be used more efficiently, and substitutes will be developed.

When spare capacity is utilised in the present market, the price of oil rises sharply - as high as $ 137 a barrel in recent weeks.

If the price of oil rises, the share price for an oil and natural gas will go up, no matter where it is headquartered.

As an example, if the price of oil rises, then the price of publicly - traded airline stocks will fall.

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.

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.»

Iran's oil minister Bijan Zanganehsaid that if crude oil prices continued to rise, there would be no need to extend a pact between the Organization of...

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the...

Nonetheless, Saudi Arabia's economy is still largely predicated on oil and, with oil prices rising on the back of Saudi - led OPEC and non-OPEC producers curbing oil supply, the kingdom's finance minister said he welcomed higher prices but they would not affect spending limits.

But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude oil, and in the price of refined products, especially in Western Canada.»

Phil Davidson sees the company's prospects rising with those prices, so much so that if oil has a very long rally, «we will probably be out of the stock,» selling to take profits.

As oil prices have fallen, defaults in the sector have risen — about a quarter of all corporate bond defaults in 2015 were energy related, according to Moody's — and that's made traders even more reluctant to buy.

Oil prices strengthened slightly ahead of the settlement Wednesday as the Federal Reserve held interest rates steady and expressed confidence that a recent rise in inflation would be sustained.

«The idea that gasoline demand is actually rising suggests that perhaps the lower prices of crude are actually prompting a greater usage of this product (gasoline),» said Vyanne Lai, oil analyst at National Australia Bank.

«The falling pound is driving up the price of imports and rising oil prices are being reflected in higher fuel costs,» he added.

The oil price has risen by 15 percent in the last four weeks thanks to expectations that the United States will re-impose sanctions against Iran, a major oil producer and member of the Organization of the Petroleum Exporting Countries (OPEC).

Oil prices rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and ongoing strong demand.

So although the air travel industry faces two huge challenges — the rising price of oil, and the environmental impact of the roughly 1.5 billion barrels of jet fuel that the airline industry burns through each year — the solutions are likely to be all but invisible.

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

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

«Today, the focus is on oil markets, where prices have risen on the back of rising supply risk from developments in Iraq,» wrote Camilla Sutton, chief FX strategist at Scotiabank.

The price of a barrel of oil, using the WTI benchmark, rose from $ 29.70 to $ 76.32 from mid-2000 to mid-2010, an increase of 157 % in only 10 years.

SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.

In this case, oil prices would rise above US$ 100 / bbl again and the C$ would be above parity by the end of 2012 with the TSX energy, materials, and industrial sectors moving higher.

The MENA region supplies about a third of the world's oil, and the question now is how much further prices could rise as the region descends deeper into turmoil.

The best explanation for the rise, according to the CEOs, is that oil hit an irrational bottom price of less than $ 35, and is now returning to normal.

That's left a lot of junk bond fund managers with plenty of exposure to the energy sector at a time when oil prices have crashed and defaults, particularly among fracking companies, are rising.

The global economy has recovered strongly in recent months, but rising oil prices not only put the squeeze on fragile consumers, they also raise the spectre of inflation and fan the flames of political unrest.

Along with the sharp rise in crude oil prices since 2003, B.C. and Ontario added 7 % to 8 % to the price of fuel with the introduction of HST in those provinces in 2010.

If the oil majors were to attempt to be more disciplined this time around, the resulting rise in prices would simply accelerate the development of alternative sources of supply, as well as curbing demand growth.

Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak price for oil (though now, of course, the commodity's rising price is putting a different cast on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.

The price of U.S. oil rose Wednesday following reports that Washington is studying whether to lift a longstanding ban on crude oil exports.

With hostilities rising, war is seeming more inevitable, which increases the likelihood of rising oil prices.

A rising oil price is positive for fiscal balances, but it slows long - term reform, says Jan Friedrich, head of Middle East & Africa sovereign ratings at Fitch Ratings.

Oil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricOil giant Royal Dutch Shell posted a 42 percent rise in profits in the first quarter of 2018, underpinned by a recent uptick in oil and gas pricoil and gas prices.

Oil prices came under pressure on Wednesday as weekly government data showed a larger - than - expected rise of 5 million barrels in U.S. crude stockpiles.

Oil prices rose about 2 percent on tensions in the Middle East and concerns of a further fall in Venezuelan output.

LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.

The tally of oil rigs rose in recent weeks, with oil prices near $ 50 per barrel and demand for drilling equipment on the rise.

Both price rises helped recoup some of their losses from Thursday, when investors worried that the storm would force refineries to temporarily stop processing crude oil, leading to excess supply.

Oil prices have skyrocketed around 40 percent since the middle of 2017, with Brent crude rising to multi-year highs above $ 71 a barrel, before a pullback last week wiped out its gains for 2018.

At the end of last year, the price of a litre of diesel was 59.64 rupees, meaning it has risen by 10.5 percent so far this year, not quite keeping pace with the rise in Brent crude oil.

In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oil.

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.

There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.

And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trillion.

SINGAPORE, April 23 (Reuters)- Oil prices dipped on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.