Sentences with phrase «steep decline in oil prices»

The effects of the steep decline in oil prices have played a big part in pushing down the exchange rate.

Not exact matches

But the advances proved unsustainable, particularly given steep declines in the price of oil, Venezuela's most lucrative export.

But with all indicators in this analysis ending in 2014 or earlier, it is important to note that this ranking does not take into account the impact of the steep decline in oil and gas prices.

With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post.

What crushed green energy was the boom in shale oil and gas along with the steep decline in the price of fossil fuel that few saw coming just a few years ago.