The BOS indicator illustrates the slowdown in business activity in late 2014
triggered by the oil price shock.
Not exact matches
Chief Executive Bob Dudley is in line for a $ 19.6 million compensation package for 2015, a year in which shrinking profit margins
triggered by sharp falls in the
price of
oil led to more than 5,000 job losses at the
oil and gas company.
Won't falling
oil prices always
trigger a rebound in
oil demand (and,
by extension, an equally large bounce in carbon emissions)?
EM currencies overall have lost a third of their value since 2013 on a trade - weighted basis,
triggered by serial downgrades to EM growth projections, a tightening of global dollar liquidity and falling
oil prices.
Venezuela is mired in a deep economic crisis
triggered mainly
by a fall in crude
oil prices and a drop in
oil production.
While the world's billionaires have been suffering losses,
oil prices rose to $ 48 a barrel yesterday as investors took advantage of a two - day slide in crude
triggered by Brexit vote.
«It was well - identified
by our models as having a high likelihood of reversing its downward trend from earlier in the year, and the recent catalyst of
oil prices stabilizing and improving has
triggered the appreciation,» he said.
Now Jad Mouawad charts the latest
oil price spike,
triggered in part
by a rumor related to Iran.
The announcement, which comes as Shell is fighting to maintain its commitments on dividends (which it will increase
by 5 per cent this year) and its core
oil and gas business in the face of a more than $ 100 slide in the
price of crude since last summer,
triggered a furious response from green groups.
This can occur through (1) relocation of energy - intensive production in non-constrained regions; (2) increased consumption of fossil fuels in these regions through decline in the international
price of
oil and gas
triggered by lower demand for these energies; and (3) changes in incomes (thus in energy demand) because of better terms of trade.
That rebuttal nicely sums up a lot of the accepted facts of unwavering peakoilers, e.g. that it's been conclusively shown that
oil price hikes are linked to recession (not really; e.g. wrong macro policy responses to
oil - led inflation often tried to tackle it
by raising interest rates, which just compounded the problem and possibly
triggered recession
by itself; uncertainty in
price is often more important to investment decisions that which direction it's going in, given that fuel costs are actually not a large % of overall costs.)