Sentences with phrase «since oil prices collapsed»

Alberta has actually outpaced the rest of the country in employment growth since oil prices collapsed in 2014.

Not exact matches

High - end residential property prices in Perth have weakened considerably since the iron ore construction boom ended and oil prices collapsed, although these two negative events are slowly slipping from the headlines and being replaced by positive changes.

Russian markets, in recovery mode following a deep recession after the global oil price collapse in 2015, have been ravaged since Friday over fears of U.S. sanctions.

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.

«It is likely the economy was in recession in the first half of the year,» thanks to the damage from a collapse in oil and commodity prices that has persisted since 2014, senior economist Randall Bartlett said in a note to investors Monday.

A while back, O'Leary wrote an open letter to the Premier of Alberta — a letter that included this sick burn: «Since you took over Alberta recently, the price of oil has collapsed.»

And while Canada - wide median incomes were up by an inflation - adjusted 3.5 per cent over that time, the performance was heavily influenced by oil - rich provinces such as Alberta and Saskatchewan — a trend that's since hit a wall, thanks to the collapse of global oil prices.

Inflation has fallen basically straight down since the so - called super spike of 2008, which saw the price of oil surge briefly to $ 147 in the summer before the financial system collapsed in the fall.

Little more than two years since it was brought to its knees by the oil price collapse, Santos has emerged as an unlikely sought - after prize to form the basis for a new global LNG powerhouse.

Alberta has a revenue problem and if we should have learned anything since the international price of oil collapsed in 2014, it is that we should not depend on royalty revenues from oil and gas to fund the day to day operations of our public services.

Mismanagement of previous oil revenues and chronically depressed energy prices since 2014 have brought this oil - dependent country to the brink of collapse.

«But, the collapse in oil / commodity prices and sharp fall in the pace of world trade means that these same economies will likely experience an aggregate current account deficit for the first time since 1998,» says Citi.

Iran has the fourth largest proven oil reserves in the world, according to the US Energy Information Agency and any additional oil would add to the one million barrels a day of over-supply that has led to a more than 70 % collapse in oil prices since the middle of 2014.

It's the first time the central bank has moved the overnight rate since September 2010 — a move the bank calls «insurance» against the potentially destructive effects of the global oil price collapse.

Since 50 % of sales are exposed to the oil and gas industry, let's take a look at how the company performed when the price of oil collapsed between 2014 - 2016.

Senior deputy governor Carolyn Wilkins said in recent months the economy has registered impressive, broad - based gains not seen since before the oil - price collapse nearly three years ago.

On the flip - side, since October, Ryanair Holdings (RYA: ID) & Aer Lingus Group (AERL: ID) have surged as collapsing oil prices & sentiment really started to sink in with investors.

Energy prices have dominated inflation dynamics since mid-2014 when oil prices began their collapse.