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 recent drop in oil prices has Todd Hirsch, ATB Financial's chief economist, predicting a mild recession for Alberta this year and a sluggish recovery next year after forecasting in June that the province would avoid such an economic decline.
Although much of
the recent drop in oil prices has been due to the prospect of higher exports from Iran in the coming months (the International Energy Agency forecasts an extra 300,000 barrels a day by the end of March), the dumping of stored oil is essentially a short - term factor, and its influence on crude prices should logically pass quite quickly.
He also added, «
The recent drop in oil prices and related declines in equity markets have been unsettling to investors.»
At the same time,
the recent drop in oil prices and ultra-low yields on U.S and foreign government bonds may be signaling slower growth abroad.
In this issue, we address the economic costs of deflation, the evolution of investment after the financial crisis, the role of debt in
the recent drop in oil prices, how financial inclusion affects central bank policy, and market liquidity.
The recent drop in oil prices has taken some wind out of the inflation sails and caused rates to drop and talk of 2015 rate increases to all but disappear.
With
the recent drop in oil prices, many energy companies» shares have become less expensive.
It is not yet clear what impact, if any,
the recent drop in oil prices and the bursting of an inflationary bubble in Dubai may have on government plans for museums.
However, the impact on the index of
the recent drop in oil prices, and the subsequent weakening in activity, has not yet been realized.
Though it's good news for consumers,
the recent drop in oil prices to less than $ 50 a barrel threatens to derail the success of some of the nation's office markets...
Not exact matches
The region
in recent years has seen investor sentiment rattled by developments such as the
drop in oil prices, the war
in Syria and a sudden corruption purge from Riyadh.
With the
recent drop in commodity
prices, especially for West Texas Intermediate crude
oil, consumers are poised to win big - time while many
in the financial markets are seeing a stream of losses.
Finally, much of the
recent drop in inflation expectations is being driven by lower commodity
prices, particularly
oil.
The first concern is dispelled when comparing the timing of the
recent oil price drop to the increase
in the firm's profits.
The
recent drop in oil and other commodity
prices has lowered investment plans even further.
The impact of the
oil price drop on the exchange has been very clear, with the loonie falling below US70 cents
in recent days.
Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to
drop in the
price of
oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on
oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A
recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 %
drop from previous year and the lowest recorded total since 2011.
A
recent drop in energy - related assets appears overdone given our outlook for
oil prices, creating opportunities
in selected...
The
drop in oil prices caused the stock's
price decline from a high of over 160 to the
recent 115.
Since then, the shares of Civeo have declined substantially; 3rd quarter operating results were disappointing resulting
in a share
price drop of close to 50 %, then
recent oil price declines impacted the
price of all
oil service companies, with CVEO shares
dropping into the $ 7 - $ 9 range.
This decision is
in response to the
recent sharp
drop in oil prices, which will be negative for growth and underlying inflation
in Canada.
Capital expenditure has
dropped in recent years as a response to the lower
oil price.
What's this means is production, and thus supply for the market, will decline rapidly if the
recent drop in the
price of
oil discourages new drilling, which could well be the case if the
price remains low, or worse yet, continues to
drop.
A
recent report from real estate services firm CBRE on investment flows from the region noted an overall
drop in spending on global real estate
in 2016 and 2017, largely due to the
price of
oil remaining near $ 50 a barrel on average.