Sentences with phrase «think low oil prices»

I think low oil prices are causing some significant issues worldwide.

Not exact matches

And most experts think the loonie will stay low for the foreseeable future, due to depressed oil prices and the country's deteriorating terms of trade.

My energy team thinks the market has been valuing E&P companies as if oil prices will remain low perpetually, and also as if these companies will not achieve any production growth going forward.

I think there is a substantial commercial and economic opportunity both in the construction of the pipeline and in the advantages of lower priced oil that would result from the pipeline for the United States and for Canada.

«I think no deal is probably better for the longer - term because it continues this process of rebalancing and there is no rebalancing without pressure and pressure comes through lower oil prices, through tighter credit and we're seeing all of that playing out nicely,» he said.

More than three years after Bob Dudley said that oil prices would be lower for longer, BP's chief executive still thinks «a price of $ 50 a barrel looks like the right number to plan on for the rest of the decade.»

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.

Kashagan has huge amounts of oil in store, and according to Financial Times, «Opec, the 14 - member cartel that controls more than a third of all crude production, on Monday said Kashagan's ramp up is one reason it now thinks supplies outside the group will actually grow next year, despite two years of low prices.»

The venerable oil and gas giant lost its AAA rating from Standard and Poor in April 2016, which thought a symbolic loss (it shared the rating with Microsoft and Johnson & Johnson) indicated the damage wrought by years of low prices and some pretty terrible luck, notably Tillerson's lost $ 500 billion deal in Russia as the result of Western sanctions.

Conventional Wisdom # 1: Buffett's purchase of Phillips 66 is «proof» that he thinks the price per barrel of oil is going to stay low for awhile, and this prediction indicates that investors should be in no rush to scoop up the deals among the other oil majors.

Bounds, you're an idiot to think those things did much to lower the price of gas, the real driver has been Saudi Arabia who opened up the oil taps 18 months ago.

Many bidders thought the asking price was too high, the leases too short and the fields weren't that lucrative given the low oil prices in the Americas.

«Assuming that technology will allow ever more shale gas production at low prices — and betting energy policy and the future energy security of the country on it — is risky business,» says geologist David Hughes, who retired from the Canadian Geological Survey and is now doing assessments of shale gas and oil for the nonprofit Post Carbon Institute, a California - based environmental think tank.

If you're not a diesel lover — and more and more buyers are thinking twice about oil burners — then JLR has now given UK buyers the option of the 3.0 litre V6 Supercharged petrol engine as a lower power, lower price alternative to the previous Hobson's choice of the 5.0 litre V8 S / C.

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.

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.

I noted that oil exploration is a «long game» gauged around the likelihood for rising demand in decades to come, but asked if they thought low prices (and projections for more of the same) played a role?

I don't want to sound too idealistic and say it's Wal - Mart that's offering all the products for too cheap, but I think oil and corn are good examples of when subsidies create an artificially low price.

Petroleum markets are so glutted and prices are so low that most industry commenters think any worry about future oil supplies is pointless...

«With the low price of oil and the very low natural gas price you would think there would be some companies that would start to be pushed to the wall and a number of deals done.

«I think the major oil and gas companies have to be prepared for lower prices for longer, there's just still an awful lot of uncertainty,» Rutherford said.