Sentences with phrase «with oil slumping»

On Monday, to no one's surprise, Iran ordered an increase in production by 500,000 barrels, and the market responded with oil slumping below $ 28.

Not exact matches

Harper and his ministers are unlikely to cease their Keystone advocacy in response to the veto — with oil prices in a slump, the government can afford to wait for a change of president.

Oil prices fell sharply with WTI slumping more than 1 percent to $ 44.35 a barrel and Brent dropped 1.2 percent to $ 46.84.

Despite slumping commodities prices affecting its oil, gas, and mining businesses, FLR still managed a 21 % ROIC in 2015 and finished the year with a larger backlog than it had at the end of 2014.

One small group thinks that lower for longer could end soon because U.S. shale can't keep a lid on prices forever and can't catch up with expected robust demand — all the more so that investments in conventional supply around the world have slumped since the oil prices started crashing.

Recent data from North Dakota's Department of Mineral Resources, however, did show the state's largest ever monthly drop in crude oil production, with production slumping 6.3 % in April to 1.04 million barrels per day.

In addition, a widely used measure of future inflation based on US Treasury Inflation - Protected Securities, which had mirrored the slump in the price of oil and had fallen to its lowest level since the global financial crisis by early February, rebounded in line with the pickup in oil prices.

HOUSTON — After several years of sluggish rent growth, heavy concessions and tepid absorption brought on by the oil slump, investors are returning to Houston's multifamily market with quite a bang.

Petroliam Nasional Bhd., Malaysia's state oil company, announced management changes and plans to cut workers as it seeks to trim operating costs to cope with the worst price slump in a generation.

Petroliam Nasional Bhd., Malaysia's state oil company, announced management changes and plans to cut workers as it seeks to trim operating costs to cope with the worst price slump in Continue Reading

The oil sector is slipping into the red after years of fat profits as the steep slump in oil prices shows little sign of ending, with this quarter shaping up to be the worst since the downturn started.

Add leeks, stir well to coat with oil, and cook over medium heat until soft, slumped and melted, 5 - 7 minutes.

Oil majors are facing hard times, too, with BP set to axe 4,000 jobs as the total of shelved oil investments breaches $ 400bn since the price slump began in late 20Oil majors are facing hard times, too, with BP set to axe 4,000 jobs as the total of shelved oil investments breaches $ 400bn since the price slump began in late 20oil investments breaches $ 400bn since the price slump began in late 2014.

This is particularly the case with the Nigerian economy, which has suffered greatly from a slump in oil prices.

In March, oil prices tend to slump before the summer, so even with the volatility, there could be a drop in the near future.

The oil price interacts with the wider energy market in myriad and complex ways, and it may take some time for the full impact of the price slump to become clear.

Markets that were expected to fully recover from the downturn have experienced issues with their class - A stock, such as the drop in oil prices in Houston and the slump in demand in the Washington, D.C. region.