O'Loughlin said that
relatively high oil prices, supported by healthy demand and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) to tighten markets, «are encouraging US shale producers to continue ramping up production.»
O'Loughlin said that
relatively high oil prices, supported by healthy demand and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) to tighten markets, «are encouraging U.S. shale producers to continue ramping up production.»
Not exact matches
OPEC wants to keep
oil prices relatively higher than they have been in recent years, having lost $ 76 billion in 2016 due to cheap
oil caused by rising American and Iranian
oil production, according to a report by the US Energy Information Administration (EIA).
If the flow of capital continues, then the production surplus and lower
oil prices will also continue, assuming that OPEC is able to maintain
higher production levels and that demand growth remains
relatively low.
Long - term interest rates are currently low due to low global inflation expectations and moderate growth potential in Canada due to lower
oil prices, a heavily indebted household sector and a weakened manufacturing base due to
relatively high unit labour costs.
In fact, the process is so messy that it is only worth doing when the
price of
oil is
relatively high, as it is right now.
«If
oil prices do weaken into next year, and... [the] supply - demand analysis we «ve done tells us that, these stocks should do
relatively better than most of the smaller,
higher - beta energy stocks,» he said.
Mubasher: Economic growth in the Middle East and North Africa (MENA) is expected to rebound in 2018 on the back of positive global outlook and
oil prices stabilising at
relatively higher levels, according to the World Bank's recent report entitled...
However, the inclusion of an option to review the deal in June of next year underlined the continuing dilemma for these producers — how to maintain
relatively high prices without stimulating US shale
oil production too much.
This was elicited by the
relatively high price of whale
oil as the whales got shy and scarce.
While we have no idea where
oil prices will settle in the short run, it remains our view that
oil prices can not stay down at today's depressed
prices for too long, largely due to what we believe to be the
relatively modest current level of excess capacity, our expectations of continued growth in demand over time, and the
high marginal costs for finding and developing new sources of supply.
As a result, the
oil industry will return to healthier
price levels and
oil stocks will do
relatively well (albeit with small profit margins even at
high prices).
So I think any potential contraction in fuel margins, on
higher oil prices, is
relatively limited — particularly with only a little over a third (& falling) of Applegreen's gross profit now derived from fuel.
Cases with
higher or lower world energy
prices, represented by
oil prices, have
relatively little direct impact on power - sector emissions, as petroleum provides a small fraction of U.S. electricity generation.
Two key long - term trends are threatening to keep the risks of an
oil price hike here
relatively high.