The majority of oil executives and industry analysts still believe that $ 50 - $ 60 oil will continue as the new normal, with U.S. shale supply growing stronger
every time oil prices rise above $ 50.
Not exact matches
Additionally, it comes at a
time when
oil prices are on the
rise, but stuck in a range that makes multibillion - dollar projects in new offshore areas unattractive for many drillers.
That's left a lot of junk bond fund managers with plenty of exposure to the energy sector at a
time when
oil prices have crashed and defaults, particularly among fracking companies, are
rising.
In fact, today's
oil prices make
timing an important concern for sellers across all industries since profitability may decrease as
oil prices rise.
If the
oil majors were to attempt to be more disciplined this
time around, the resulting
rise in
prices would simply accelerate the development of alternative sources of supply, as well as curbing demand growth.
The S&P 500 gained 0.7 percent to finish at 2,767.56 and reached an all -
time high, with energy surging on the back of
rising oil prices.
And in the face of record valuations and record debt, we're seeing
rising interest rates (the yield on the 10 - year Treasury hit 3 % last week for the first
time since 2014) and other signs of inflation like
rising oil and copper
prices.
That image describes beautifully what happens with
oil prices —
rising and falling from
time to
time, but really on an unstoppable upward trend.»
Oil prices have
risen as high as $ 75 a barrel for the first
time in four years.
Oil prices pushed lower for most of last week on the news that U.S. commercial crude inventories
rose to the highest level for this
time of the year in at least 80 years, though
prices reversed sharply on Friday.
Now the Saudis seem to believe that with
oil inventories approaching average and a solid alliance with Moscow, they can let
oil prices rise and micromanage the markets at any
time.
Crude
oil prices are pulling back after a
rise in the rig count even though it's making up for lost
time after the big freeze down south.
«We do not think it is
time to panic,» he told clients, noting that while
oil prices have weakened on the prospect of
rising interest rates, underlying fundamentals are improving, and it is unlikely that
oil falls below US$ 50 per barrel.
The last
time the U.S. bought
oil for the SPR in 2000 through 2005,
oil prices were
rising (Figure 1).
Indeed, at 24 per cent in 2012, it is considerably lower even than the ETR observed for the fifth North Sea hydrocarbons producer, the German Federal Land of Schleswig - Holstein, whose government has been increasing the statutory royalty rate in line with
rising oil prices in recent years — from 12.5 per cent in 2003 to 21 per cent as of the
time of writing — with the result that the ETR in the German sector of the North Sea in 2012 came to 33 per cent.
At the same
time, farmers face unprecedented challenges of climate change, high
oil prices driving demand for biofuels, and
rising costs of land and water.
Zamorano also likes Russia, which has a number of stocks trading at below 10
times earnings and is now benefiting from
rising oil prices, and Turkey, which saw valuations fall after an attempted coup.
As far as the
price of
oil goes, it cracks me up to see people pointing to this or that data point as to why
oil won't
rise above
price $ X by
time period Y. I don't remember hearing a peep about
oil falling drastically last summer.
As I've predicted several
times over the last couple years,
oil prices are widely expected to
rise throughout 2017.
It seems like
oil has been pretty steady now around the $ 100 mark for a long
time, and yet gas
prices continue to
rise.
With
oil prices as low as they are, now would be a perfect
time for other countries to follow Morocco's lead — either slashing
oil, coal and gas subsidies or raising their gas taxes before
prices start to
rise again.
We think it's fairly safe to assume that in the next few months hybrids will keep selling well because of
rising oil prices, so this car makes its entry at the right
time.
Oil and gas pipelines are a typical analogy for the scale and nature of infrastructure required, but have significant differences: the science of fossil fuel reserves was limited when much of the industry was created, and under business - as - usual the price of oil can be expected to rise as reserves go down, thus stretching out the time in which the investment is worthwhi
Oil and gas pipelines are a typical analogy for the scale and nature of infrastructure required, but have significant differences: the science of fossil fuel reserves was limited when much of the industry was created, and under business - as - usual the
price of
oil can be expected to rise as reserves go down, thus stretching out the time in which the investment is worthwhi
oil can be expected to
rise as reserves go down, thus stretching out the
time in which the investment is worthwhile.
If Europe is paying $ 12, and gas is five
times cheaper than
oil based on historic ratios, surely we will see
prices rise from the pit they are in at this
time.
The New York
Times writes about the factors causing the
rise in the
price of
oil, which hit $ 116 per barrel this week.