Sentences with phrase «recent oil price declines»

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.

Even with a weaker currency and a partial reversal in recent oil price declines, these issues will moderate any increase in long - term interest rates in Canada.

Not exact matches

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.

A recent survey by the National Association for Business Economics showed that 18 percent of businesses expect a negative impact from declining oil prices — reflecting the percentage of industries that directly benefit from oil and natural gas sales.

HOUSTON, Feb 5 - Oil prices settled lower on Monday as rising U.S. output, a weaker physical market and recent dollar strength added to the pressure from a widespread decline across equities and commodities markets.

He also added, «The recent drop in oil prices and related declines in equity markets have been unsettling to investors.»

Given how important oil has been to the Canadian economy in recent years it shouldn't come as a huge shock that the loonie is heavily correlated with the decline in the price of oil.

And despite recent declines in oil prices, the federal deficit will be eliminated in 2015 - 16 and possibly even one year earlier.

Mr. Oliver had told him not to worry about the recent decline in oil prices.

With the recent decline in oil prices it has left Canada's economy slightly shaken leaving many investors very anxious.

As mentioned earlier, energy equities decoupled from physical oil prices and sold off, including a steep decline of nearly 9 % for oilfield services industry equities, a recent trend that is somewhat difficult to fully explain.1

2014.12.12 Canada's economy to benefit from broader export demand in 2015: RBC Economics Canada's economy is expected to see higher export growth in 2015, despite the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...

Canada's economy is expected to see higher export growth in 2015, despite the recent decline in oil prices, according to the latest Economic and Financial Market Outlook issued today by RBC Economics...

Like the Tories that ruled Alberta for nearly 44 years, Mr. Wall's party never saved anything from the resource boom in his province, and the recent decline in oil prices has left both provinces in a royalty bind.

When listening to the conference call, Carroll said management's tone seemed «ok,» despite the recent decline in oil prices.

Year - ended inflation slowed further to 1.5 per cent in the June quarter, partly due to the appreciation of the New Zealand dollar and the recent decline in oil prices.

The reason for the recent decline in yields seems to be concerns that the US economy may be slowing, due in part to the renewed run up in oil prices.

The fall in oil prices that culminated in big declines for stocks, emerging market assets and high yield bonds at the beginning of this year is the most recent manifestation of this linkage.

Conoco dug in even deeper on its commitment to oil, and I suspect the harsh experience during the recent price decline will modify their strategy in the future.

The fall in oil prices that culminated in big declines for stocks, emerging market assets and high yield bonds at the beginning of this year is the most recent manifestation of this linkage.

However, despite the recent decline in oil prices, the airlines not only continue to charge checked baggage fees, they continue to increase them.

With the loonie's recent slide, oil prices at their lowest in 12 years and China's stock market volatility sending reverberations to our own, the news of Canada's economic decline is hard to ignore.

Perhaps of greater concern is how Emerson performed during the most recent decline in the price of a barrel of oil.

A volatile sector that includes some stellar dividend payers, energy has sold off sharply in recent months as the oil price declined.

Global Economic Pessimism Unwarranted Excessive pessimism characterizes the current view on the global growth outlook, with some of this sentiment due to a mistaken interpretation of the reasons behind the recent sharp decline in oil prices.

The drop in oil prices caused the stock's price decline from a high of over 160 to the recent 115.

While no one can predict the future of oil prices with certainty, there are explanations for the recent price decline consistent with an ongoing bull market.

With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post.

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.

His remarks covered the need for investment in upstream oil to meet rising demand and offset decline in mature fields, how competitive prices are vital for growth in gas markets, the rapid growth in solar and wind, and prospects for reaching universal access to electricity, including India's significant achievements over recent years in this respect.

There's no question falling oil prices have played a big role in recent value declines, but as climate policy gathers momentum and new technologies, such as solar and energy storage, continue their trend of becoming more affordable and ubiquitous the medium - and long - term outlook, especially for coal and oil, looks grim.