Sentences with phrase «rise in crude price»

While the Euro dollar was facing the onslaught from sellers, the Canadian dollar got a boost from the rise in crude price to $ 54.30.

Not exact matches

In broader economic terms, the rise in oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidIn broader economic terms, the rise in oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidin oil and gasoline prices will help crude producers in states like Texas and North Dakota and will likely boost capital spending industrywidin states like Texas and North Dakota and will likely boost capital spending industrywide.
The price of crude is on the rise, but in Canada, new carbon taxes, regulations and pipeline hurdles may take the industry permanently out of contention
But the rise in Treasury yields above 3 percent has driven the value of the U.S. dollar to three - month highs, which may pose a threat to a more pronounced rally in the crude price.
But if it's longer than that — which does look possible — we're going to see a significant rise in the price of crude oil, and in the price of refined products, especially in Western Canada.»
SINGAPORE, April 23 (Reuters)- Oil prices dipped early on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.
The rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude oil prices, which on Tuesday crossed $ 75, boosting energy shares.
Along with the sharp rise in crude oil prices since 2003, B.C. and Ontario added 7 % to 8 % to the price of fuel with the introduction of HST in those provinces in 2010.
Oil prices came under pressure on Wednesday as weekly government data showed a larger - than - expected rise of 5 million barrels in U.S. crude stockpiles.
LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude oil market as the sharp rise in prices raises concerns about when do consumers start cutting back on their fuel consumption.
This means that this time consumers in countries such as India, Indonesia and Malaysia are fully exposed to rising crude prices, something that hasn't been in the case in previous bull cycles.
However, rising U.S. crude exports and a stronger - than - anticipated price rally in recent months have threatened to loosen Russia and Saudi Arabia's grip on key overseas markets.
Again, how much longer this can continue is uncertain, but one would imagine at some point rising crude prices will have to be reflected in higher retail prices for diesel and gasoline.
At the end of last year, the price of a litre of diesel was 59.64 rupees, meaning it has risen by 10.5 percent so far this year, not quite keeping pace with the rise in Brent crude oil.
In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiIn Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiin 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiin 2016, retail prices also haven't risen by as much as the price of crude oil.
There are any number of theories explaining the sudden drop in crude oil prices after two years of stability: America's increasing supply, the world's faltering demand, an undeclared price war being waged by Saudi Arabia, the rising U.S. dollar.
So far this month, the Brent crude price has risen by 6.3 %, making this its largest rise in January since 2013.
And in 2007, with crude prices on the rise, voracious demand for new shares of PetroChina on the Shanghai Stock Exchange caused the Chinese oil and gas company's market value to briefly top $ 1 trillion.
SINGAPORE, April 23 (Reuters)- Oil prices dipped on Monday as a rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.
Brent crude, used to price international varieties of oil, rose $ 1.33 to $ 108.02 per barrel on the ICE Futures exchange in London.
The U.S. fuel margin decreased 17 per cent to 15.66 cents per gallon driven mainly by the volatility from a rapid rise in crude oil prices in the quarter.
SINGAPORE, May 3 (Reuters)- Oil prices fell early on Thursday, pulled down by a rise in U.S. crude inventories and record weekly U.S. production, which is countering efforts by producer cartel OPEC to cut supplies and prop up prices.
BP beat analyst expectations on Tuesday, as higher crude prices and rising production levels helped to fast - track a recovery in one of Europe's largest oil and gas companies.
Fertilizer prices usually move in tandem with crude oil, as rising energy prices usually increase production costs and freight rates.
They believe that plunging crude prices could easily offset any rise in CAD caused by surge in gold imports.
As WTI enjoys the first meaningful price rise since this spring, and a day after the API injected further optimism in markets by reporting a 761,000 - barrel draw in U.S. crude oil inventories, the EIA added fuel to the celebratory mood.
A rise in crude oil prices and a rebound in base metal prices, both partly related to the announcement of new policy stimulus measures in several countries, account for much of the recent movement.
The price of domestic crude climbing to a three - year high as tensions rise in the Middle East, feeding concerns over potential supply disruptions in the region.
SUE HERERA, NIGHTLY BUSINESS REPORT ANCHOR: Crude climbs, oil prices rise to their highest level in years as tensions escalate in the Middle East.
Crude - oil prices traded slightly lower early Thursday, in up - and - down trade, with investors wrestling with a rise in weekly rise in U.S. cruCrude - oil prices traded slightly lower early Thursday, in up - and - down trade, with investors wrestling with a rise in weekly rise in U.S. crudecrude...
For example, an increase in the price of crude oil can cause prices for gasoline to rise, in turn making the cost of transporting goods more expensive.
With crude - oil exports rising year - over-year, the value of the exports did not rise proportionally, with Canada's crude - oil export bill declining about 11 percent to $ 50 billion in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a weaker dollar cramped the export value of crude.
The rise in petrol prices reflects the worldwide increase in crude oil prices since March, which reverses the decline in oil prices that had acted to reduce the CPI in earlier quarters (see Box D).
Although there has also been a very slight fall in US crude oil production since the start of the year -LRB--1.6 %), with more Iranian and Iraq crude coming online and the demand fundamentals not improving, a significant price rise by the end of the year is unlikely.
* Market expects U.S. to re-impose sanctions against Iran * Plunging Venezuelan output further tightens markets * But soaring U.S. crude production holds back marketBy Henning GloysteinSINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.U.S.
This figure is a good deal higher than the 1.7 per cent for the latest year - ended rise in the CPI, but the pick - up includes the effect of dropping out the impact of the health insurance rebate, which reduced the CPI in the March quarter 1999, some further effects from past movements in crude oil prices, and an increase in tobacco taxes in the December quarter.
Since the March agreement between major oil producers to cut production, oil prices have risen sharply; in October the crude oil price averaged US$ 22.63 per barrel, up from an average of US$ 12.00 in February.
The lower relative pricing for Canadian crude is partly caused by pipeline capacity constraints as oil production rises in Canada
Singapore: Oil prices fell early on Thursday, pulled down by a rise in US crude inventories and record weekly US production, which is countering efforts by producer cartel OPEC to cut supplies and prop up prices.
The latest rise in oil prices took gains in the Brent crude oil benchmark to 40 % since June.
Oil prices pushed lower for most of last week on the news that U.S. commercial crude inventories rose to the highest level for this time of the year in at least 80 years, though prices reversed sharply on Friday.
The first price chart below shows that the levels for the Cboe Crude Oil Volatility Index (OVX) were higher than those for the VXST and VIX indexes in January, but today the the VXST and VIX rose much higher than the OVX Index — in general, implied volatility now is higher for the S&P 500 than it is for the USO Oil ETF.
Crude oil prices are pulling back after a rise in the rig count even though it's making up for lost time after the big freeze down south.
Last week, Sechin was quoted as saying that the recent rise in oil prices was due to a weak dollar, instead of efforts by OPEC to combat the global crude supply glut.
Don't look now, but commodities continue to lead the asset class scoreboard in 2018, as rising crude prices and a bounce in the US Dollar Index lead the ch...
The pick - up in oil prices has been especially noteworthy, with the price of West Texas Intermediate crude oil rising to a new daily record of over US$ 57 per barrel in April, before falling back to around US$ 50 per barrel in early May (Graph 1).
Traditionally, when oil futures decline, prices in the physical markets tend to rise because crude is becoming cheaper and hence more attractive to refiners.
When the oil embargo was lifted, the Arabs justified the rise in prices of crude oil by pointing out that inflation increased the cost of goods they had to buy from the industrial nations.
(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.
Guided by the fundamental indicators such as rise in price of Gasoline, Gasoil and Brent crude on the international oil market, the country's fuel stock as well as the fair - stability of the country's local currency against the U.S. Dollar; the Institute for Energy Security (IES) sees fuel prices primed to rise again on the local market by up to 2.5 %.
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