Sentences with phrase «strong oil economies»

While the neighbouring countries of the Gulf Cooperation Council — Saudi Arabia, Oman, Qatar, United Arab Emirates, Bahrain and Kuwait — represent a prosperous trading block with strong oil economies, Yemen is mired in poverty.

Not exact matches

But as we know, oil prices and Canada's overall economy will have a strong impact on the city's growth in the future, and the possible effects of the oil price drop were not factored into our calculations.

In the October report, there were five: stronger - than - expected U.S. growth; higher - than - expected oil prices; the possibility that weak business investment had altered the economy's potential; slower growth in less advanced economies such as China; and a tilt to saving from spending by Canada's heavily indebted households.

Spooked investors afraid of Trump's trade war, slowing economy, technicals lagging, retails lagging, inventory too high, supplies too low, dollar too weak, yen too strong, infrastructure this, cash flow that, debt too high, oil higher today but lower tomorrow, and who knows what else which will be totally unimportant Continue reading →

In other words, a stronger U.S. economy and currency may reduce oil prices and vice versa.

Our bottom line is that the underlying forces that underpin stronger growth in Canada are intact, and the adjustment of the economy to lower oil prices is well under way.

The negative effects of lower oil prices hit the economy right away, and the various positives - more exports because of a stronger U.S. economy and a lower dollar, and more consumption spending as households spend less on fuel - will arrive only gradually, and are of uncertain size.

The negative impact of lower oil prices will gradually be mitigated by a stronger U.S. economy, a weaker Canadian dollar, and the Bank's monetary policy response.

Investors started off 2015 with a slow global economy, low oil prices, a strong Dollar, and a deflationary Europe with great uncertainties on the progress of the US economy and the recent launch of Europe's quantitative easing.

While both governments remain committed to finding new markets for Canada's oil and gas, they have voiced strong support for increasing clean energy production and exports in order to reduce carbon emissions and the impact of fluctuating oil prices on Canada's economy.

Even before the events in Saudi Arabia, the positive backdrop for oil prices had been building, due to stronger growth across the global economy.

Sector fundamentals like gold / oil and gold / materials ratios are not good and macro fundamentals like gold vs. stock markets, the economy (which is relatively strong) and the yield curve are not at all supportive either... as they currently stand.

Another name that has taken a beating as a result of lower oil prices, stronger dollar and a weaker global economy is Dover Corporation (DOV).

As supply remains strong, demand growth is expected to weaken alongside a decline in the economy of China, the world's No. 2 oil consumer.

Strong demand for crude oil and the entire energy sector continues to push prices higher as I still think we will trade above the $ 70 level in the weeks ahead as global supplies have dwindled over the last year due to the fact that worldwide economies are improving which is a terrific thing to see in my opinion.

The main contributors remain the same: declining oil and commodity prices, renewed concerns over the pace of expansion in China, and the impact of rising interest rates and a strong dollar on the U.S. economy.

Political turmoil in the region threatens to stunt any equity - market rallies, but the oil - producing countries of the Gulf have strong economies and active sovereign wealth and private equity funds.

The point is that the oil industry believed the economic data and media hype about a strong economy and thus kept pumping.

When it got to the turn of the Council of Elders, the regional chair spoke, Hon Hackman spoke, I spoke and I spoke on the economy, but you don't talk about the economy by starting with the resource location;... I started by talking about how poorly this economy has been managed that we have gone from GHS9.4 bn debt to GHS110bn debt at the time, and how growth, without oil, was 1.9 bn and had dwindled to about 4 % etc.,... And I said something which I've said in this room: that Ghana is not poor and that the resource base of this country is found in five regions and I mentioned the regions specifically because I was making a strong economic argument.

Moody's noted that Ghana's key credit strengths include the economy's strong growth potential as a result of its abundant natural resources, further supported by the development of its oil and gas potential.

Buhari, who is the substantive Minister of Petroleum Resources, stated, «Oil and gas still remain a critical enabler for the successful implementation of our budget, as well as the source of funds for laying a strong foundation for a new and more diversified economy.

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The town was originally formed on a strong agricultural foundation, but today the economy is largely centered around oil and gas production.

A key driver is the improving U.S. economy, with its strengthening monetary policy, better jobs numbers and surging domestic oil production, all of which support a stronger U.S. dollar.

Supported by a stronger economy and higher oil prices, recent readings of inflation are rising.

Even with the oil industry dragging in 2016, Texas economy packs a strong punch.

As a leader in natural gas and oil production, Oklahoma boasts one of the strongest and most rapidly growing economies in the U.S..

The figures for GD Product don't contain the effects of import prices, like crude oil and other energy imports, and thus they portray a stronger economy.

This short fund is having a good year for an inverse fund, up around 12 % even in the face of a strong economy and rising oil prices.

Crude oil prices have continued to rise over the last year due to strong demand by recovering developed economies such as the United States and China, limited spare production capacity in oil producing countries (or unwillingness to add more), and political instability, such as what we are seeing in Libya.

A strong local economy driven by the oil sector combined with low inventory led to the robust increases, but eroding affordability and interest rates that are expected to rise will likely lead to more moderate price appreciation in the second half of the year.

Despite a strong economy and stock market and a rebound in oil prices, master limited partnerships (MLPs) are struggling to keep up.

So we've pursued a series of policies aimed at encouraging the rise of innovative as well as more cost - effective clean energy technologies that can help America and developing nations reduce greenhouse gases, reduce our dependence on oil, and keep our economies vibrant and strong for decades to come.

Experts agree that a shift in our energy and consumption is necessary to avert catastrophe brought on by global warming, yet there is strong resistance to a major move away from a coal - fired electricity and oil - based economy to one based on alternative sources of renewable energy.

«We have the opportunity now to create jobs all across this country, to re-power America, to redesign how we use energy, to think about how we are increasing efficiency, to make our economy stronger, make us more safe, reduce our dependence on foreign oil, and make us competitive for decades to come, even as we are saving the planet.»

Brian Straessle, a spokesman for the American Petroleum Institute, which represents much of the oil and gas industry in Washington, D.C., said the industry «is highly regulated at the state and federal level, and there are strong standards in place to govern the pipeline infrastructure that helps fuel our economy.

«I have to ask a question: why in the world would we ever consider approving a new big oil pipeline to carry dirty fuel and keep America addicted to oil, when we can save money, create jobs, and reduce our dependence on foreign oil by moving towards stronger fuel economy standards?»

The US economy grew strong on homegrown or cheap imported oil but I would say the 7bbl / day imported now is certainly not helping the US economy.

Though it is still a center for the oil and gas industry, Tulsa has insignificantly diversified its economy and now has a strong presence in the aerospace, finance and high technology sectors.

Although the U.S. economy is more stable and stronger than it was in the 1970s, when it was devastated by oil price shocks in 1973 and again in 1978 — 79, it could slip into recession in the same way it did coming off the Gulf War oil price shocks in 1990.

Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.