Sentences with phrase «tightening oil market»

Oil markets took a bullish turn this week amid growing geopolitical tensions and a tightening oil market.

Not exact matches

U.S. President Donald Trump slammed OPEC for inflating oil prices after the cartel showed a willingness to further tighten crude markets.

Economic growth is translating into oil demand growth and comes at a time that OPEC and Russia lead production cuts aimed at tightening the market.

The banks say global oil demand and OPEC - led production cuts have tightened an oversupplied market more quickly than they anticipated.

The banks says the long - oversupplied oil market is tightening up more quickly than expected as global economic growth fuels demand and output cuts by OPEC, Russia and several other producers eat into the world's crude stockpiles.

O'Loughlin said that relatively high oil prices, supported by healthy demand and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) to tighten markets, «are encouraging U.S. shale producers to continue ramping up production.»

«The current bull market is not going to end simply because «stocks have gone up too much»... The buyside is fairly cautious, seeing downside stemming from: (i) deflationary pressures of the 40 % year - over-year oil decline, deceleration in China, Eurozone weakness, and the fall in 5 - year inflation breakevens; and (ii) Fed monetary tightening... Capital stock is again showing signs of pent - up demand, and as a consequence, companies and households will have to invest.

In other words, oil prices have shot up sharply on the news already — WTI and Brent were up more than 8 percent by midday Wednesday — but more gains could be coming as OPEC is set to severely tighten the market.

A ban on Venezuelan oil would strain the market for heavy crude in the U.S., which is already tightening because of declining imports of medium sour oil from Saudi Arabia.

The moves higher in global stock markets have been accompanied by a recovery in oil prices to over $ 48 a barrel, receding worries about the Chinese economy, and the U.S. Federal Reserve indicating it is in no hurry to tighten policy.

* Market expects U.S. to re-impose sanctions against Iran * Plunging Venezuelan output further tightens markets * But soaring U.S. crude production holds back marketBy Henning GloysteinSINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.UOil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.Uoil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.U.S.

O'Loughlin said that relatively high oil prices, supported by healthy demand and production cuts by the Organization of the Petroleum Exporting Countries (OPEC) to tighten markets, «are encouraging US shale producers to continue ramping up production.»

Phase 4: Stagflation phase: GDP growth slows but inflation remains high (side note: most bear markets are preceded by a 100 % + increase in the price of oil which drives inflation up and causes central banks to tighten).

Beyond interest rates, the biggest concern is the tightening labor market, which could pose a deeper threat to price stability than oil.

«Rising oil prices, additional correction in the equity markets and a further tightening of credit could trigger some economic weakness,» Dr. David Leareah told delegates attending NAR's annual conference in San Francisco in November.

However, the stage is set for inflation to accelerate due to tightening labor market conditions, higher oil and energy prices, and rising home prices and apartment rents.

Edmonton — With credit conditions tightening, low oil prices and several heavy oil - related projects cancelled, the growth experienced in the Edmonton office market is expected to slow down over the coming year.