VTI has dropped by 2.7 % but VCE kept pretty well considering significant
uncertainty over oil price fluctuation, I think the market held pretty steady.
Not exact matches
The price of
oil has risen to its highest since late 2014 this month, driven by concern
over the potential for disruption to Iranian crude flows, but analysts say the degree of
uncertainty hanging
over the deal means the market is extremely sensitive to any developments.
As pipeline politics came to dominate the North American energy debate,
uncertainty over TransCanada's Keystone XL project gave new urgency to other efforts to expand Canada's
oil market, including Enbridge's Northern Gateway project.
Concerns
over future
oil investment come during a time of
uncertainty for the industry.
The Southeast Asian economy expanded 4.9 percent on - year
over the April - June period amid
uncertainties in global growth, persistent weakness in
oil prices and the spreading of what is being called the country's worst - ever political crisis.
Following the announcement, crude
oil immediately spiked 2.5 percent
over uncertainty of how this might affect the Middle Eastern kingdom's position on keeping
oil production at current levels.
Finance Minister Joe Oliver, who is delaying the release of the federal budget until at least April due to
uncertainty over falling
oil prices, will have to put something on the table soon.
Conventional crude
oil prices are now below $ 50 a barrel, and last week Royal Dutch Shell cited «
uncertainties»
over pipeline shipments in canceling a $ 2 billion
oil - sands project.
Oil tallied its first weekly loss in
over a month, slumping about 4 % amid
uncertainty about this weekend's producers meeting, where OPEC will discuss a proposal to cut output.
Crude
oil prices edged up on Friday boosted by stronger than expected U.S. economic data though the longer - term outlook for energy markets remains weak due to a global
oil supply glut and
uncertainty over economic growth prospects in Asia.
Weighing in on
oil price
uncertainty, market watchers have been in a state of confusion
over varying reports
over the past three days as to the status of exports from Libya's biggest producing oilfield.
BP faces tricky times with Deepwater Horizon's final bill unclear, the falling
oil price and
uncertainty over its key Russian market
The greatest economic
uncertainty is not
over climate, but
over how much
oil is left and how fast we can transition to alternatives.
The 2010 Deepwater Horizon accident and spill in the Gulf of Mexico was a major setback for the offshore hydrocarbons industry; prospects for offshore
oil and gas have also been shaken by the shale revolution and by lower prices, and must cope with longer - term
uncertainties over demand.
And when
oil producing nation's even consider divesting, they underline the considerable economic
uncertainty around carbon bubbles and an economy
over reliat on fossil fuels.
He added of 2015 - 16: «On the one hand we had an M&A boom in developed markets during calendar 2015, while on the other hand clients also had to contend with a slowdown in China, the collapse of
oil and commodity prices and rising
uncertainty over the UK's referendum on whether to leave the European Union.»
The 3 most obvious challenges currently bedevilling the petroleum industry in Nigeria are: (i) the unrest in the Nigeria Delta area which has affected
oil production significantly; (ii) the
uncertainty over the non-passage of the Petroleum Industry Bill (PIB); and (iii) the volatility of
oil prices.
The current political climate in Russia and the Commonwealth of Independent States (CIS) has led to
uncertainty over the future of
oil and gas operations and projects in the region.