Sentences with phrase «since low oil prices»

That was roughly 19.8 percent of total available office space in Houston, CBRE found, a level not touched since low oil prices during the mid-1990s.

I think there's still more pain ahead since the low oil prices haven't worked their way through TTM EPS, but I also don't think someone would be unhappy snagging XOM here at this price when looking back on it in a decade or two.

Not exact matches

Additionally, prices for its major commodity exports - crude oil and palm oil - have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis of the late 1990s.

In light of the tug - of - war in the crude oil space, where prices have traded between the low $ 40s and low $ 50s since March, Cramer used the charts to try to foresee the commodity's future.

Oil briefly went below $ 40 a barrel on Friday, its lowest price since the financial crisis six years ago.

And all of this is on a background of oil prices that have basically crashed since the summer, with both Brent and WTI crude prices falling more than 30 % since June to multi-year lows.

Prices for major commodity exports crude oil and palm oil have dropped sharply and its currency, the ringgit, is trading close to its lowest levels since the Asian financial crisis in the late 1990s.

Oil prices collapsed on Thursday to their lowest since late November as investor worries about the world's stubbornly persistent glut of crude erased most of the gains that followed last year's OPEC's output cut.

That's a valid concern, but it's worth pointing out that since its recent low of $ 26 a barrel in February 2016, the oil price has surged nearly 150 percent — all while the number of active wells in North America has risen.

Oil prices are at US$ 26.76, their lowest point since 2003.

Prolonged low oil prices may restore growth to the global economy, accomplishing what the central banks have failed to do since 2008.

This rebalancing has also bolstered crude oil prices, up 73 percent since its 2016 low in February.

Benchmark crude futures contracts have in the past week wiped out the gains made since the end of September when the Organization of the Petroleum Exporting Countries said it would agree to cut oil production to shore up persistently low prices.

LONDON (Reuters)-- Banks» metals - related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.

Oil prices have fallen more than 15 percent since March 4 to a six - year low of $ 42.3, wiping out $ 7 billion of market value of high - yield debt issued by energy companies.

Oil - related revenue has dwindled since 2015 as a period of low prices reduced interest from producers and consumers in financial instruments that offer protection against price volatility, said Amrit Shahani, research director at Coalition.

Last week the Governor of the Bank of Canada, Stephen Poloz, warned Canadians that they should get used to a low dollar, since this was a normal and, indeed, the necessary response to a global reduction in oil and commodity prices.

However, lower prices for oil and other commodities since the summer have further lowered Canada's terms of trade and are dampening business investment and exports in the resource sector.

Alberta is one of the prairie oil - rich provinces which have been drastically impacted by low oil prices as sentiment fell to 58.6, the lowest since June 2013.

At this year's Asia - Pacific Petroleum Conference (APPEC) in Singapore last week, the mood was the most bullish since the 2015 APPEC annual gathering, with most executives polled by Bloomberg predicting oil prices at $ 50 - $ 60 next year, compared to last - year predictions that we'd be at the low end of the $ 40 - $ 60 band.

One small group thinks that lower for longer could end soon because U.S. shale can't keep a lid on prices forever and can't catch up with expected robust demand — all the more so that investments in conventional supply around the world have slumped since the oil prices started crashing.

But the only thing that seems to cause shale drillers to reduce spending — and therefore production — is lower oil prices, since the cash flow from crude is their lifeblood.

This provides balance, since the downstream tends to benefit when low oil prices are crimping results in the upstream segment.

Angola's crude exports fall to lowest since at least 2008 OPEC disruptions could send prices above $ 80 a barrel: BofAML While plunging output in Venezuela captures the oil world's attention, Continue Reading

It remains to be seen if oil prices will remain low for a long period of time, but the Federal Reserve's actions, which have kept lending rates near record lows since 2009, have allowed airlines like Alaska access to capital at a reasonably cheap cost.

In real terms oil prices remain quite low, around the average level recorded since the mid 1980s.

In addition, a widely used measure of future inflation based on US Treasury Inflation - Protected Securities, which had mirrored the slump in the price of oil and had fallen to its lowest level since the global financial crisis by early February, rebounded in line with the pickup in oil prices.

Global shares tumbled for a sixth day on Thursday and oil prices slid to levels not seen since the early 2000s, after China guided the yuan lower and Shanghai shares tumbled 7 % in less than half an hour.

That could rise quickly, with the current on - fire stock market, rising oil prices, and unemployment at its lowest level since 2007.

This week has seen gold prices tumble to five - year lows and U.S. oil prices dip below $ 50 a barrel for the first time since...

This unpleasant picture is presented after a third quarter in which Brent crude, the international benchmark for oil prices, traded at about $ 50 a barrel on average, the lowest sustained levels since the financial crisis.

Capital Markets Fixed Income Saudi Arabia has issued its first sovereign bonds since 2007 to help fund a widening budget deficit caused by continued spending amid low oil prices.

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.

Inflation has been unusually low because of falling oil prices and other economic trends, leading to the lowest tax cap since its imposition in 2012.

Nigerian troops are deployed to the Niger delta where militants have been attacking oil facilities since the start of the year, cutting output and hammering government revenue at a time of low crude prices.

Public revenues are the lowest since 2009 when oil prices dived as a result of the global financial crisis.

«What's more, biorefineries have trouble competing with low oil prices» — since biofuels are two to three times more expensive than fossil fuels.

Kerns noted that the jade roller doesn't necessarily contribute to the brand's overall sales volume as it is lower - priced than a typical Herbivore item — a facial oil can cost up to $ 88 — but it adds to unit volume, and the roller has consistently been one of the brand's top - five performing items since it launched last year.

At a confidence rating of 79, it's the country's lowest score since 2005 --» a combination of the global oil prices, the local economy, political scandals... the devaluation of the currency.»

The current quote of NYMEX crude is lower by $ 2 today as the price action of crude oil has been on a downhill slide since the end of June 2014.

The Canadian market recovered since the lows caused partly by the oil prices but it is still experiencing downward pressures.

Crude oil prices have risen +18.9 % in 2018 and +174 % since the February 11th, 2016 swing low.

With just about every economic figure working to its advantage — from lower unemployment rates to less expensive oil prices that are freeing up disposable income for consumers — one would think that retail would be experiencing its best times since the boom days of the mid to late 1990s.

taust — «The trouble with Peak Oil predications is that they will be true one day but have been regularly made since mineral oil saved the whales by driving Whale oil from the market by selling at a lower price then Whale oOil predications is that they will be true one day but have been regularly made since mineral oil saved the whales by driving Whale oil from the market by selling at a lower price then Whale ooil saved the whales by driving Whale oil from the market by selling at a lower price then Whale ooil from the market by selling at a lower price then Whale oiloil.

The trouble with Peak Oil predications is that they will be true one day but have been regularly made since mineral oil saved the whales by driving Whale oil from the market by selling at a lower price then Whale oOil predications is that they will be true one day but have been regularly made since mineral oil saved the whales by driving Whale oil from the market by selling at a lower price then Whale ooil saved the whales by driving Whale oil from the market by selling at a lower price then Whale ooil from the market by selling at a lower price then Whale oiloil.

[Before proceeding, I should note that since May of this year, crude oil prices have increased by about 30 % from their March low, but as of May ($ 60 / barrel) are still far below their August 2014 level.]

Unless you believe the energy transition is not for real, there would be minimal impact on greenhouse gasses since new pipelines are not likely to change oil sands economics enough in a low price world to spur significant new investment.

Even fundamentals such as the range of commodity prices are important, with many companies not considering a range of oil prices which covered the sustained lower levels seen since 2014 in the years preceding.

While it does not necesarily follow from this, it is not illogical to assume that recent increases in oil and gas prices have had a greater effect on US than European demand, particularly since, with historically lower energy prices, the US has not made many of the lower - hanging efficiency investments that have already been made in Europe.

The gift that is American energy is seen in some key numbers: domestic crude oil production reaching more than 9 million barrels per day last month, the highest level in more than two decades, according to the U.S. Energy Information Administration (EIA); total U.S. net imports of energy as a share of energy consumption falling to their lowest level in nearly 30 years during the first six months of this year; gasoline prices dropping to an average of $ 2.47 per gallon last week, their lowest point since May 2009, according to the Lundberg Survey Inc..