Sentences with phrase «slumping price of oil»

While the slumping price of oil is bearing the brunt of the current volatility in the markets these days, there are other signs that indicate more widespread shifts in the credit cycle.

As the headquarters city of choice for the energy industry, Calgary has been hit hard by the slumping price of oil.

Not exact matches

It's hard to verify independently the claims of retail traders who say they have made good money this year, when worries about a slowing Chinese economy and the slumping oil price have wiped up to $ 8 trillion from world stock markets in January alone.

Commodity hedge funds have dwindled in recent years as oil prices slumped, leaving only a handful of larger players, including Hall, who ran the Astenbeck Capital Management fund until deciding to close it following losses this year.

Oil majors and large independent drillers need to shore up their asset portfolios after several years of underinvestment during a price slump, analysts say.

Harper and his ministers are unlikely to cease their Keystone advocacy in response to the veto — with oil prices in a slump, the government can afford to wait for a change of president.

Many of Shell and BG's big shareholders have voiced support for the deal but a slump in oil prices below $ 30 a barrel has raised concerns that Shell may be overpaying for the smaller rival.

Both Abu Dhabi and Dubai are encouraging the development of theme parks to help boost foreign tourist arrivals as oil prices slump, causing an economic slowdown in the region.

The Q&A article by Rabah Arezki discusses «Seven Questions on Rethinking the Oil Market in the Aftermath of the 2014 - 16 Price Slump.»

Despite slumping commodities prices affecting its oil, gas, and mining businesses, FLR still managed a 21 % ROIC in 2015 and finished the year with a larger backlog than it had at the end of 2014.

All of that money is being translated into a sharp rise in drilling even as oil prices slump.

Despite slumping prices, domestic crude oil output still increased by over 7 %, though that increase is off the pace of previous years.

The deal will boost Aramco's downstream business ahead of a planned initial public offering next year and also bolsters Malaysia's state - controlled Petroliam Nasional Bhd - known as Petronas - after it cut spending because of the slump in oil prices.

It's a return to normal for Canada — Western provinces have outpaced central Canada in growth for much of the past 15 years until the oil price slump.

However, the Canadian Energy Research Institute has indicated that oil production in Canada is likely to scale up by about 600,000 barrels per day in 2017 and by another 200,000 next year, as a number of projects that were being developed prior to the oil - price slump are nearing completion.

Angola is Africa's second - largest oil producer behind Nigeria, and like its West African counterpart, where the slump in oil prices forced a reconsideration of its dependence on oil, Angola now faces the challenge of having to restructure its economy to reduce its vulnerability to oil shocks.

Slumping oil prices have caused Conoco — and most if not all of its peers — a lot of pain as it costs oil drillers more to produce a barrel of oil than they can sell it for.

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.

Except for a 20 - day slump in March when North American crude was on the wrong side of US$ 50 for the first time since last year's OPEC supply cut decision, oil prices had seemingly stabilized at a new level.

Over the first six weeks of the year, the Dow Jones Industrial Average declined 10 %, as the prospect of interest rate hikes by the Federal Reserve, a slump in oil prices, and concerns about economic conditions in Europe and China caused the long - running bull market to stumble.

Kuwait plans to increase its crude production by 150,000 barrels a day by the third quarter of the year despite the current slump in oil prices, the managing director of Continue Reading

Although Russia has always been a key market for Dubai, especially for upscale communities including Emirates Hills and Palm Jumeirah, interest dipped after the record fall of Rouble earlier this year amid the oil price slump.

The oil sector is slipping into the red after years of fat profits as the steep slump in oil prices shows little sign of ending, with this quarter shaping up to be the worst since the downturn started.

Crude and gasoline prices are still well below the levels of $ 115 per barrel and $ 3.80 per gallon where they stood just before oil prices started slumping at the end of June 2014.

The slump in oil prices exposed the weakness of our economy for even the blind to see.

Ghana was forced to turn to the IMF for a three - year $ 918m loan programme in 2015, after the nation, which began exporting oil seven years ago and produces large amounts of gold and cocoa, was hit by the slump in commodities prices.

Plus, when oil prices go through a slump, he said, the government support of alternative fuel sources wanes.

Oil majors are facing hard times, too, with BP set to axe 4,000 jobs as the total of shelved oil investments breaches $ 400bn since the price slump began in late 20Oil majors are facing hard times, too, with BP set to axe 4,000 jobs as the total of shelved oil investments breaches $ 400bn since the price slump began in late 20oil investments breaches $ 400bn since the price slump began in late 2014.

In 2014, Madani and Capital Markets Ltd. accurately predicted the slowing of the Canadian housing market due to a slump in oil prices.

Stock prices have slumped since the beginning of this year, apparently on fears of slower growth in China and falling oil prices, which have dropped roughly 70 % from mid-2014.

If oil and commodity prices fall into a long slump, many of these junior producers may not survive.

Gyrating stock values, slumping oil prices, turmoil in foreign currency markets, predictions of slow growth or even deflation abroad... Suddenly, the outlook for the global economy and financial markets looks far different — and much dicier — than just a few months ago.

While Trump's stance on issues like the Keystone XL pipeline bodes well for the oil and gas industry, the risks posed by a U.S. - led slump in global trade would likely far outweigh the increased volumes of crude that would flow across the border into the Gulf of Mexico — especially at today's depressed prices.

After a few years of weathering low oil and resource prices, the province is started to crawl out of its economic slump and people are getting back to work.

The oil price interacts with the wider energy market in myriad and complex ways, and it may take some time for the full impact of the price slump to become clear.

This is certainly the case in my sector of oil and gas, where oil prices have slumped to a level not seen since the global financial crisis — visit our recently launched Oil & Gas Global Salary Guide 2016 to gain an insight into the labour market trends and hiring challenges within this industoil and gas, where oil prices have slumped to a level not seen since the global financial crisis — visit our recently launched Oil & Gas Global Salary Guide 2016 to gain an insight into the labour market trends and hiring challenges within this industoil prices have slumped to a level not seen since the global financial crisis — visit our recently launched Oil & Gas Global Salary Guide 2016 to gain an insight into the labour market trends and hiring challenges within this industOil & Gas Global Salary Guide 2016 to gain an insight into the labour market trends and hiring challenges within this industry.

Not only that, Texas was at the start of a serious slump brought on by rapidly falling oil prices.

After a dip in transactions in 2015 and 2016 as oil prices slumped, the fund regained its appetite for deals late last year, investing in Turkey's biggest poultry producer, Rosneft, and U.K. gas company National Grid Plc, all within a couple of months.

Global economic turmoil, slumping oil prices and the uncertainty of this year's presidential election are weighing on luxury - home buyers» decision - making across the U.S..

Slumping oil prices continue to impact Middle Eastern sovereign funds, and the recession in Brazil has also diminished investment capital coming out of that country.

The oil slump has dragged down housing sales and prices in the energy heartland province of Alberta, and Vancouver slowed sharply after the government introduced a 15 per cent tax on foreign buyers in August.

That far outstripped the 25 per cent growth in million - plus sales in Canada's priciest market, Vancouver, according to the report, which also looks at Montreal — recovering since the election of a Liberal majority government — and Calgary, facing uncertainty in the face of slumping oil prices.

Doyle says Canada's increased reliance on real estate fees can be blamed on years of ultra-low interest rates, worsened during the oil price slump when the Bank of Canada cut rates even further.