Sentences with phrase «prices of oil over»

It is difficult to find fault with at least its title, considering that the average price of oil over the preceding 10 years was $ 28 a barrel but rose to $ 45 over the ensuing decade to reach a peak of almost $ 150 in 2008.

However, I don't make macroeconomic predictions on the price of oil over the short term.

When it comes to external conditions, the most important factor facing the province of Alberta, given its very heavy resource dependency particularly on oil, is what's going to be happening with the price of oil over the next few years, says David Dodge, a senior adviser at Bennett Jones LLP and former governor of the Bank of Canada.

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.

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.»

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.

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.

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.

«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.

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.

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.

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.

With record amounts of oil all over the place, including the fully loaded ships at sea, oil prices are artificially very high!

In addition, the correlation between oil and the Canadian dollar has weakened over the past three years, suggesting that recent price swings in oil haven't been of great enough magnitude to materially influence the loonie.

Canada has posted some of its weakest economic growth outside of a recession over the past couple of years in part because business investment sunk along with the price of oil.

Prices of oil and metals have leaped following U.S. sanctions on Russia, which has raised investor fears over the availability of supply.

Oil prices have been unusually volatile over the last week, so predicting third quarter economic growth is a bit of a fool's errand when we don't have a good feel on what the rest of the third quarter will bring for oil prices (and what we do know is not gooOil prices have been unusually volatile over the last week, so predicting third quarter economic growth is a bit of a fool's errand when we don't have a good feel on what the rest of the third quarter will bring for oil prices (and what we do know is not goooil prices (and what we do know is not good).

Foreign exchange has been an area of some concern for Saudi in recent months as the crash in the price of oil forced the country to expend its FX reserves to levels not seen in over three years, and draining the country's economy.

Energy East will serve as a link between Eastern Canadian refineries and the western crude oil market, where crude oil had been discounted significantly since mid-2010 until these price differentials converged rapidly over the last couple of months.

The Southeast Asian economy expanded 4.9 percent on - year over the April - June period amid uncertainties in global growth, persistent weakness in oil prices and the spreading of what is being called the country's worst - ever political crisis.

Conversely, in light of weak oil prices, firms in energy - related regions and sectors plan to further curtail investment over the next 12 months.

Oil prices were already down after news that Nato air strikes over the weekend had killed one of the sons of the Libyan leader, Muammar Gaddafi, and after industry sources said Saudi Arabia had raised output in April.

Over the coming year, lower energy costs (and other comodity costs) will benefit consumers and as oil prices rise, 80 % of U.S. oil production will move to breakeven then substantial profit.

The Shanghai oil futures contract is similarly designed to wrest some control over pricing from the main benchmarks in New York and London — West Texas Intermediate (WTI) and Brent — and to promote the use of the yuan, also known as the renminbi.

Oil Refiners and Homebuilders are two examples of industry sectors with disappointing price action over the past two weeks.

Prices of WTI crude oil, the benchmark grade for North America, have averaged $ 97.40 a barrel over the last year, 15 % higher than the five year average.

NEW YORK, April 11 (Reuters)- Oil prices jumped on Wednesday, hitting their highest in more than three years on Wednesday after Saudi Arabia said it intercepted missiles over Riyadh and U.S. President Donald Trump warned Russia of imminent military action in Syria.

As I wrote in my blog over a year ago, («Oil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands floOil Price Spread Costing Canadian producers big bucks,» November 10, 2011), oil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands producers have been continually getting short - changed for their oil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil by refineries in Cushing, Oklahoma, where most of the product from the oil sands flooil sands flows.

A while back, O'Leary wrote an open letter to the Premier of Alberta — a letter that included this sick burn: «Since you took over Alberta recently, the price of oil has collapsed.»

Oil prices must inevitably rise as unconventional production peaks over the next decade and oil - exporting countries increasingly consume more of their own oOil prices must inevitably rise as unconventional production peaks over the next decade and oil - exporting countries increasingly consume more of their own ooil - exporting countries increasingly consume more of their own oiloil.

A number of factors have contributed, including concerns about dropping oil prices, slowing growth in China and geopolitical tensions (among them, concerns over the Syrian civil war and refugee crisis and ISIS attacks).

Global investors have regained some of their risk appetite and invested more of their cash in spite of the continuing oil price weakness and concerns over corporate earnings and global growth.

Over the past five years the price of west Texas crude, the primary American benchmark for oil, has yo - yoed from US$ 60 a barrel to US$ 145 in 2008, all the way back down to US$ 30 during the recession, then up again to US$ 114, before settling this year around US$ 100.

Finance Minister Joe Oliver, who is delaying the release of the federal budget until at least April due to uncertainty over falling oil prices, will have to put something on the table soon.

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.

For Tom's, listing the ingredients, such as natural spearmint oil, helps get consumers over any price barriers at the point of sale.

Over the weekend, Jeff Gundlach, the CEO of investment services firm DoubleLine told Barron's that he believed the 10 - year Treasury yield could test the 2012 low of 1.38 percent if the price of oil fell below $ 40 a barrel.

Jeff is a classic chicken little thinker, oil prices are high and OMG its the end of the world as we know it, oil prices falls and OMG the TSX market is over and done with.

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.