Sentences with phrase «resulted in crude prices»

Not exact matches

The incident might result in restrictions on using rail to transport oil, which could increase the price discount for Canadian crude.

The decreases are largely the result of the oil glut and all - time lows for crude prices — last year, mining, oil producers, and metal companies lost a combined $ 70 billion on $ 1.3 trillion in revenue.

Because so much North American crude is now stockpiled in Cushing, and the resulting glut has driven down prices.

They argue that possible sanctions on the Venezuelan energy sector would harm the U.S. industry, and cause it to scramble for heavy crude supplies from elsewhere, which would result in higher fuel prices for consumers.

Statistics Canada reported in The Daily in November that, «gasoline prices have increased at a slightly faster pace in the central and eastern provinces than in the west, resulting in a spread between some provincial gasoline indices... associated with the dual crude oil market in Canada and the recent price differential between crude oil benchmarks.»

The crudest version of this story says that Ottawa should increase spending as a direct response to the fall in oil prices and the resulting depreciation of the Canadian dollar.

Gasoline retailers decided to make some money, spring vacationers drove up demand, crude oil prices went up, and gas refineries continued to undergo seasonal maintenance, resulting in tighter supplies.

Ben Luckock is in fact so bullish that he forecast demand could exceed supply of crude oil by 2 - 4 million bpd by the end of 2019 because of the US$ 1 - trillion in spending plans that never saw the light of day as a result of the 2014 price crash.

Although the benchmark West Texas Intermediate (WTI) oil price has been increasing, Alberta's producers are being hurt by transportation bottlenecks that have resulted in heavy discounts for non-conventional crude oil.

While the surge in oil prices was largely the result of heightened geopolitical risk in Venezuela, Saudi Arabia, Iran, and Iraq, the pullback can be attributed to ongoing concerns that more crude could be produced than the market can absorb.

(i) Unable to restore the power in a few states for more than 10 + days, since a tornado passed by it (ii) Unable to restore power for 7 + days in a snowy North Eastern state, since a hurricane passed by it (iii) Having no quality in science, math and technology; depending on «imports» to uplift them (or depending on Jesus to save them)(iv) Horrible crime in downtown, ghettos of any major city (v) Unemployment of 23 % (vi) Having a president who believes that the earth is 6000 years old (vii) Having a presidential candidate which believes in subjugating women (viii) Having more than 50 % of its 2012 graduates un / under - employed (ix) No public transport, resulting in hell on earth even for a small rise in crude - oil prices (x) A crappy health care system (xi) A debt of 14Trillion, which corresponds to 50K per US resident.

In the light of the crash in global crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on oil and gas infrastructure in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmenIn the light of the crash in global crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on oil and gas infrastructure in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmenin global crude oil price, which is Nigeria's main foreign exchange earner, the devastating actions of aggrieved militants on oil and gas infrastructure in the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmenin the oil - rich Niger Delta which has resulted in lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmenin lock - in or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmenin or leakages of crude oil, sometimes in excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmenin excess of one million barrels that could have been exported daily, and the consequential rapid decline in the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the governmenin the well - being of the masses, the urgency to fix the Nigerian economy by changing tactics from sole reliance on oil, becomes more poignant and urgent, hence the need for international experts to aid diversification efforts of the government.

Ostensibly, the fuel tax hike will be offset by the recent pullback in crude oil prices, resulting in minimal increases in pump prices in the near term.

During the debate over the Keystone project, the oil industry rolled out a series of studies claiming that pipeline construction would create 20,000 temporary jobs in the United States and that lower oil prices (they didn't say exactly how much lower) resulting from the new crude supplies would create as many as 250,000 more jobs across the country over the long term.

Nigeria has experienced growth in its agricultural and sold minerals sectors, but the country's economy remains turbulent in light of the drop in crude oil prices and the resulting depreciation in the value of the naira -LRB--RRB-.