... Oil has been hit by the double whammy of strong supply and
weakening demand growth.
Not exact matches
While the effects of a possible trade war are still just in the realm of possibilities and analysts are waiting for all the rhetoric dust to settle, if trade and economic
growth were to
weaken, they could affect the pace of oil
demand growth.
Because it could then
weaken demand for production coming out of Canada,» said Ferley, adding that it will also have implications for potash prices, which in turn impacts income
growth in Canada and Saskatchewan's fiscal situation.
Despite the better than expected data, Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group, said the
growth of new business moderated for the second straight month, reflecting
weakening demand across the manufacturing sector.
The phase change occurred also because of a profoundly
weakened global economy and lower
demand growth for oil.
«In our view, China's structural
growth deceleration is only half - way through and under the weight of debt and excess capacity,
weakening investment
demand will remain the main culprit.»
«We anticipate a rebound in oil prices as U.S. supply
growth slows,
demand improves, and the dollar potentially tops and begins to
weaken over the next 12 to 18 months,» Stifel analysts wrote.
The first undeniable factor is
weakening demand for oil, the engine of global economic
growth.
As supply remains strong,
demand growth is expected to
weaken alongside a decline in the economy of China, the world's No. 2 oil consumer.
The observed
weakening in export
growth reflected both the direct effect of weakness in
demand from the Asian region and the effect of lower farm production.
Yes, luxury
weakened civic virtue, but it also created economic
demand and fuelled economic
growth.
Most worrisome is the slowdown in
growth;
weakening global
demand; rising inflation; restrictions in capital flows; rising debt levels; increased exchange rate volatility and depleting external reserves.»
Lawrence Yun, NAR chief economist, said the
weakening economy will slow the
growth in
demand for space.
«However, it's evident that
demand and sales slightly
weakened over the summer as stubbornly low supply limited buyers» choices, accelerated price
growth and hindered some consumers» belief that now is a good time to buy a home.»
Then, in October, the IMF published its concerns of
weakening global
growth, adding
demand issues to supply concerns and driving prices lower.
The report says Ottawa's regional economy is still feeling the effects of government spending cuts, which
weakened demand and slowed price increases, but economic
growth expected in 2014 will help increase
demand and unit sales by about 2.5 per cent per year from 2015 to 2017.