Sentences with phrase «with higher oil prices»

And our experience with higher oil prices have proven once again that people and the economy are flexible.

With higher oil prices and the efficiency actions they have taken, in my opinion, RDS is going in the right direction!

Sales at gasoline stations rose 0.9 %, but that had more to do with higher oil prices than stronger demand.

With high oil prices persistently poised to derail the global economy, with large economies like Germany and Japan swearing off nuclear in the wake of the Fukushima Daiichi disaster, with coal hampered by looming emissions caps, unexpectedly abundant gas seems poised to fill the energy void.

This divergence in oil and gas prices is quite rare however, normally the two are closely correlated, with high gas prices usually occuring inline with high oil prices and vice versa.

Climate change concerns coupled with high oil prices, peak oil and increasing government support are driving increasing renewable energy legislation, incentives and commercialization.

Even with high oil prices Norway was facing a tougher future due to years of waning oil production.

Not exact matches

But higher oil prices are certainly an inconvenience for drivers, especially those with lower incomes.

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

The strategy illustrates how companies are coping with Western Canadian Select bitumen blend oil prices that have largely failed to keep up with higher prices for New York - traded West Texas Intermediate, leading to wider - than - usual differences between the two.

It comes as little surprise then that Saudi Arabia and Iran — apart from the tense regional archrivalry — are reportedly at odds over where to go next with the OPEC deal, and how high an oil price the cartel should target.

Nonetheless, Saudi Arabia's economy is still largely predicated on oil and, with oil prices rising on the back of Saudi - led OPEC and non-OPEC producers curbing oil supply, the kingdom's finance minister said he welcomed higher prices but they would not affect spending limits.

With oil selling for around $ 100 a barrel and gasoline prices high, sales of cars that plugged in rather than filled up were beginning to climb.

Royal Dutch / Shell and BP on Tuesday joined peers in reporting higher than expected earnings by making further deep cuts in spending to cope with an oil price downturn now in its third year.

The TSX got some lift from the energy sector with oil prices at a 15 - month high.

The company said in February that it planned to buy back up to $ 5 billion of stock over 2018 - 2020 to share the benefits of higher oil prices with investors.

April 30 - Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

April 30 (Reuters)- Whiting Petroleum Corp reported first - quarter profit on Monday compared with a year - ago loss as the U.S. oil producer benefited from higher oil prices and lower costs.

«The bottom line is they're committed to holding back supply from the market, which combined with the continued decline of PDVSA in Venezuela is going to make for higher oil prices,» said Kilduff.

Take that funding away and the market settles back into something more closely aligned with the underlying reality — the one of high unemployment / underemployment, high oil prices, stagnant middle - and lower - class incomes, unprecedented wealth concentration in the upper class, demolished savers, under - investment in capital, and an ongoing transition to a low - wage service economy hard - pressed to service debt.

In this case, oil prices would rise above US$ 100 / bbl again and the C$ would be above parity by the end of 2012 with the TSX energy, materials, and industrial sectors moving higher.

Oil prices slipped away from 2018 highs on Thursday, with global benchmark Brent trading at $ 71.15 in early afternoon deals, down 0.8 percent, and WTI trading at $ 66.38, around 0.6 percent lower.

Oil prices have skyrocketed around 40 percent since the middle of 2017, with Brent crude rising to multi-year highs above $ 71 a barrel, before a pullback last week wiped out its gains for 2018.

HOUSTON, Jan 26 - Oil prices settled higher on Friday after hitting three - year highs, with crude also posting a weekly gain as a weaker U.S. dollar underpinned prices.

«What we're seeing is a textbook implosion with regard to exploration and production capital spending domestically because the industry was leveraged to very high oil prices,» says Bill Herbert, a senior researcher at Houston oil and gas investment bank Simmons & Co..

The oil market remains in what's known as contango — with the future price of crude trading at a higher level than today's spot price.

The Futures Now team discusses what's taking oil prices higher, with Scott Nations, NationsShares CIO, and Brian Stutland, Equity Armor CIO.

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.

With oil prices climbing and demand high, drivers are paying more to fill their gas tanks than they have in three years.

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.

With record amounts of oil all over the place, including the fully loaded ships at sea, oil prices are artificially very high!

Emerging markets went sailing higher with stocks enjoying their biggest daily gains in nearly four weeks though another day of weaker oil prices took a toll on Russia again, where the rouble was down another half a percent.

These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance of various types of broadband services, on the adoption of new broadband technologies and on broadband industry trends; inventory management; the lack of timely availability of parts or raw materials necessary to produce our products; the impact of increases in the prices of raw materials and oil; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters.

And with oil prices marching higher, the risks are tilted to the upside.

With the dynamics currently in place, we expect to witness significant opportunities as the oil price moves higher,» said Robinson, who doesn't see oil reaching $ 100.

LONDON Higher output and soaring oil prices helped European majors Royal Dutch Shell and Total to begin 2018 on a high note with better than expected first - quarter results on Thursday.

LONDON, April 26 Higher output and soaring oil prices helped European majors Royal Dutch Shell and Total to begin 2018 on a high note with better than expected first - quarter results on Thursday.

LONDON (Reuters)- Higher output and soaring oil prices helped European majors Royal Dutch Shell RDAs.L and Total (TOTF.PA) to begin 2018 on a high note with better than expected first - quarter results on Thursday.

Early into this year, analysts and investors were way more optimistic about the oil price recovery, but as global inventories continued to stay high and OPEC lost its market charm with the cuts and compliance, prices started dropping again, and WTI has traded mostly below US$ 50 — and frequently below US$ 45 — since early March.

Jeff is a classic chicken little thinker, oil prices are high and OMG its the end of the world as we know it, oil prices falls and OMG the TSX market is over and done with.

With OPEC maintaining the status quo, North America's high cost oil producers can either choose to cut output or face even lower prices.

Oil prices rose on a drop in supply of 1.1 million barrels, with West Texas Intermediate futures jumping to $ 68.47 per barrel, a three - year high.

«With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High!

Oil was firmer most of the night (WTI to $ 68.66), until a tweet from Trump saying oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.6Oil was firmer most of the night (WTI to $ 68.66), until a tweet from Trump saying oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.6oil prices were «artificially high» along with news that Russia said it might not stay committed to the OPEC deal until the end knocked it lower ($ 67.62).

Boosted by the bullish supply - demand reports, oil prices rallied on Monday, with Brent hitting a more than two - year high on strong oil demand growth and the threat to Kurdish oil exports over the referendum on independence.

Adding to the turmoil, the OPEC oil embargo in 1973 sent crude prices higher, further hurting U.S. consumers who also battled with the devaluation of the U.S. dollar.

Oil prices inched higher with Brent crude futures up 3 cents to $ 73.38 a barrel, while U.S. crude added 10 cent to $ 68.04.

However, Sanchez Energy's plan was to use higher oil prices to boost production and cash flow so it could support the mountain of debt it took on to complete the deal, with its aim to get leverage to less than 3.0 next year.

Wittner pointed to «big product draws» due to the fallout from recent US Gulf Coast hurricanes helped push oil prices toward that high this week, along with potential geopolitical risk from Monday's Kurdish independence referendum in Iraq.