Sentences with phrase «while oil prices»

«There were more than enough Albertan tradespeople eager to work on this project back when it started in the middle of last year while oil prices were sky high and the oil sands were going full throttle,» McGowan said.

It is especially unfortunate that the Obama administration is taking this step as we approach the 5th anniversary of the Deepwater Horizon tragedy this spring, particularly while oil prices have plummeted and the cost of natural gas is at historic rock bottom.

NEWS: Veteran US official says White House should show leadership while oil prices are low and tax carbon in fossil fuels

While oil prices are likely to recover and the labor market is improving, there are signs that expectations of future inflation are falling somewhat.

Here's what I love about this business: while oil prices can swing wildly from day to day, the actual volume of crude going through the company's network remains remarkably consistent.

«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.

By: Mahmoud Gamal Dubai — Mubasher: Sovereign ratings for the UAE have been stable lately, while oil prices have acted as catalysts, offering sovereign flexibility on the funding side, Philipp Good, CEO and head of portfolio management at Fisch...

«Of the other BRICS, commodity - driven countries like Russia and Brazil did not diversify their economies fast enough while oil prices rode high,» observes Lau.

While oil prices are currently at a six - and - a-half-year low, Kazakhstan is also feeling the pinch from the tumbling Russian ruble, which has reached its lowest point against the dollar in six months.

In 2014, the mining and crude oil production company with headquarters in Irving, Tex., did just that, with a $ 1.8 billion boost that brought their profits to $ 930 million, all while oil prices has dropped to historic lows.

TORONTO — The Toronto stock market closed higher as energy stocks advanced while oil prices hit a 16 - month high and traders took in a mixed batch of U.S. earnings.

Earlier, the presidency had placed oil benchmark price at $ 40 per barrel, while oil price has fallen to $ 30 dollars.

Not exact matches

NEW YORK, April 30 - Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.

While energy companies have been shutting down wells in response to the present oil price slump, there are still more job openings than job seekers in this field, according to Job Bank Canada.

While gold is often considered an inflation hedge, Julius Baer said in a note, the fact that price pressures were being driven by confidence about growth rather than dollar weakness and rising oil prices meant it was failing to react positively.

Demand is rising too: Goldman says China and other emerging markets are using more oil than analysts had anticipated, while low gas prices are encouraging American consumers to drive more than ever.

While E&P and service companies benefit from rising prices, the same can't always be said for «downstream» businesses (think refiners and gas station operators) or «midstream» firms that transport oil.

While low oil prices aren't fun for the company, it won't lead to its immediate demise, either.

Downstream companies make money on the difference between the price of crude and the price of the refined petroleum extracted from it (a difference known as the «crack spread»), while midstreaming is a volume business (ship more oil, earn more money).

So, while low oil prices will make this a trying quarter for the entire energy industry, companies with a more balanced portfolio of assets should fare better than the pure - plays.

Like other major European airlines, the Franco - Dutch carrier benefited from low oil prices and strong travel demand last year, while the collapse of Monarch and Air Berlin has removed some competition from the market.

«These (risks) include the possibility of a sharp tightening of global financial conditions, growing trade tensions, and geopolitical strains — while the outlook for oil prices remains subdued and highly uncertain,» the report said.

Basic resources jumped 1.22 percent as a sector, supported by an uptick in metal prices, while oil stocks fell as investors doubt that the recent rally in prices will last.

While most analysts don't think the price of oil will plummet anytime soon, any downward movement will ultimately cascade to other sectors of the Alberta economy as investment in the sector slows, McColl cautions.

While ONEC wasn't entirely immune to the negative effects of sliding oil prices, it was able to avoid massive damage through a smart strategy.

And while the deal is set to be reviewed in May, multiple OPEC energy ministers have endorsed retaining a relationship that could help prevent another destabilizing collapse in oil prices — like the one that began in mid-2014.

NEW YORK, April 13 - Oil prices extended recent gains and a gauge of global stocks eased on Friday as concern over a broader conflict in Syria left investors nervous, while U.S. bank shares led Wall Street lower.

While summer is meant to be the season where oil prices hit their annual highs, the price of crude oil has plunged recently.

Between June 2012 and July 2013, the difference between the landed costs of Saudi Light oil into the U.S. and the price of light oil at Edmonton was $ 18.48 per barrel, while the difference in costs between Mexican Maya landed in the U.S. and Western Canada Select heavy blend at Hardisty, AB, was $ 29.02 per barrel.

Fisheries has shown very little growth, while oil and gas was booming before oil prices slumped in 2014.

The NOCs are being approached by lawyers and investment bankers not just from Calgary but from Houston and Melbourne too, seeking patient capital for long - timeline projects while equity prices for energy companies have been steadily sinking on stock markets despite the high price of oil.

While it looked like oil prices were recovering slightly in June, they slipped back down over the past few weeks, continuing a decline that started to over two years ago.

This eye - catching graph pops out of a report published by Boston Consulting Group on January 21: it illustrates how the current oil price crash, while not (yet) the deepest in recent memory, is the longest - lasting — and counting.

«While asset monetizations enhance our liquidity, sales of producing natural gas and oil properties adversely affect the amount of cash flow we generate and reduce the amount and value of collateral available to secure our obligations, both of which are exacerbated by low natural gas prices..

With the recent drop in commodity prices, especially for West Texas Intermediate crude oil, consumers are poised to win big - time while many in the financial markets are seeing a stream of losses.

While American oil production grew by some 850,000 barrels a day during that year, followed by an increase of 1 million barrels per day during 2013, it wasn't until recently that prices began to reflect the increased activity.

The global drop in oil prices, while terrible for Wall Street upon first blush, has yielded a decrease in gasoline prices that may act as a massive tax cut for those who have reaped very few benefits from the economic recovery.

Bank of America Merrill Lynch and Morgan Stanley raised forecasts for oil prices in 2018, while Goldman Sachs said there is growing risk that it will have to push up its targets.

The global drop in oil prices, while terrible for Wall Street upon first blush, has yielded a commensurate decrease in gasoline prices that may act as a massive tax cut for the very people who have, so far, reaped very few benefits from the economic recovery.

Brent crude, the international benchmark for oil prices, rose to $ 70.37 on Monday, while U.S. West Texas Intermediate crude reached $ 64.89 on Tuesday, both hitting more than three - year highs.

This trend has reversed in recent weeks, with larger discounts applied to global and Canadian heavy crude leading to bitumen prices remaining low while world oil prices have gained some of the lost ground.

Samuels said that while the state has among the largest budget reserves of any state, at a projected $ 10.4 billion by the middle of next year, continued low oil prices mean legislators will face some tough decisions when they return to Austin in January.

Oil prices eased from recent highs with Brent crude futures off 94 cents at $ 73.70 a barrel, while U.S. crude lost 67 cents to $ 67.43.

NEW YORK, April 30 - Oil prices rallied on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while global stock indexes dipped with the S&P 500 led down by losses in technology.

All the while, the industry thrived financially under a combination of high oil prices, low natural gas prices (a major input cost), recession - induced relief from cost inflation and a reduced cost of capital as majors and foreign national oil companies gobbled up wobbly juniors.

While doing little to hinder oilsands development, a rejection would prolong price distortions in oil markets.

Oil prices were trading in the red in late European deals Friday, with Brent at $ 52.77 per barrel, while U.S. crude hovered at $ 47.10.

Oklahoma has been a huge oil - producing state, and while drilling - heavy states have tended to do well in previous editions of our rankings, the collapse in oil prices and in active drilling rigs is starting to hurt.

Sovereign wealth funds have been quiet since the third question, he said, adding that if the crude oil price hangs around the $ 30 mark for a while, they might start to sell their assets too.

While we haven't yet got to the point where Canadian oil production is literally stranded — shut down for lack of a place to store, let alone ship it — our product is selling for far less than the North American and world benchmark prices that continue to make filling up your car an expensive proposition.