Ví dụ về việc sử dụng Crude prices trong Tiếng anh và bản dịch của chúng sang Tiếng việt
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As crude prices tumble, landowners across Texas are accelerating production of a different kind of oil- olive oil.
Analysts said they do not see Saudi Arabia, the world's largest oil exporter,changing its policy of boosting crude prices for now.
At around $50 a barrel, crude prices are less than half their levels in mid-2014 and OPEC is seeking a production deal that will last at least six months.
(Reuters)- U.S. energy companies this week cutoil rigs for the second time in three weeks even though crude prices traded near their highest level since 2014.
Crude prices have climbed to around $46 a barrel from the multi-years lows in January of roughly $27, but they are still 60% below where they were in mid-2014, when the extent of the excess first became evident.
The head of Royal Dutch Shell expects global oil supplies tofall behind demand growth as the recent halving of crude prices forces companies to cut production.
While crude prices soared above $110 a barrel this year due to unrest in the Middle East, U.S. natural gas prices, impervious to international influence, remained low as there was no shortage of natural gas at home.
Several producers, however, have said they expect toreduce drilling activity in 2019 after U.S. crude prices fell 25 percent last year, the first annual decline since 2015.
As crude prices recover and the global economy stabilises, the outlook for the net oil exporter has brightened and its current-account surplus widened to the most in more than two years in the last quarter of 2016.
Oil exporters from Europe, Africa and the Middle East often price their oil,compared with Brent Crude prices on the Intercontinental Exchange(ICE), if they export it to the western countries.
Rising crude prices in the 2000s helped the late president, Hugo Chavez, make good on his pledge to harness the nation's oil wealth to fund welfare programmes aimed at redressing inequality and poverty.
Around three million Indians work in Saudi Arabia,but thousands have lost jobs in recent years as falling crude prices have impacted many construction companies, which rely on state contracts.
That rig count increase occurred despite U.S. crude prices falling for a sixth week in a row for the first time since August 2015 on worries trade tensions between the United States and China could hurt oil demand.
Trump is counting on Saudi Arabia's help to fill any oil supply gap caused by the sanctions on PDVSA while trying to prevent Saudi-controlled OPEC fromformalizing a pact with Russia that would lift crude prices.
While crude prices trended lower in the 1980s and 1990s, they recovered sharply right before the turn of the century, giving the Chavez government a massive windfall to put in motion several reforms like free health care.
Its announcement comes days before a highly anticipated meeting where oil-producing nations are expected to reduce production in an effort toreverse the 20% slide we have seen in crude prices over the past 6 months.
Members of the Organization of the Petroleum Exporting Countriesare not keen on increased Brent crude prices above $60 a barrel because of shale oil,” Bijan Namdar Zanganeh said in comments on the ministry's news agency Shana.
The largest of Europe's traditional oil and gas majors since completing its $53 billion merger with BG Group in February, the Anglo-Dutch giant is starting tolook beyond the savage retrenchments caused by the collapse of crude prices.
Reuters reported that Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting andsaid crude prices could jump to $55 a barrel if an agreement is reached and non-OPEC producers cooperate.
This year's maintenance schedule and higher crude prices helped push U.S. gasoline prices to a national average of $2.83 a gallon last week, up 26 percent since the start of the year, according to data from the American Automobile Association.
Energy companies added oil rigs for a fifth straight week, Baker Hughes said,extending a nine-month recovery with producers encouraged by buoyant crude prices, which have held mostly over $50 a barrel since late November.
LONDON- With crude prices at 11-year lows, the world's biggest oil and gas producers are facing their longest period of investment cuts in decades, but are expected to borrow more to preserve the dividends demanded by investors.
Riyadh has been easing regulatory impediments for the past two years, including limits on foreign ownership which had long kept investors away,since falling crude prices highlighted the need to diversify its oil-dependent economy.
If crude prices continue to climb in the remainder of 2018/19, global oil consumption growth will need to rely on increases from the freight market and emerging economies and become increasingly vulnerable to any economic slowdown.
Meanwhile, Saudi Energy Minister Khalid al-Falih said the kingdom will pump just 9.8 million barrels per day in March, more than 500,000 bpd below what it agreed to in December with the enlargedOPEC+10 group including Russia to lift crude prices.
OPEC member state Nigeria'seconomy has been devastated by falling crude prices and attacks on oil and gas facilities in the southern Niger Delta energy hub that have cut oil production from 2.2 million bpd to 1.5 million since January.
Meanwhile, a highly anticipated meeting between Trump and his Russian counterpart, Vladimir Putin, did not appear to offer any significant news for the oil market, despite expectations that Trump would push for strongeroil production from Russia to help ease crude prices.
Energy firms this week reduced the number of oil rigs operating for a fifth week in a row to the lowest since May 2017,even as crude prices jumped more than 7% this week after an attack halved output in the world's top oil exporter Saudi Arabia.
Meanwhile, a highly anticipated meeting between Trump and his Russian counterpart, Vladimir Putin, did not appear to offer any significant news for the oil market, despite expectations that Trump would push for strongeroil production from Russia to help ease crude prices.
Some exploration and production(E&P)companies trimmed their 2017 investment plans over the past few months after crude prices in May fell below $50, which is generally considered the level where production breaks even, leading to the end of a 14-month drilling recovery.