Comments on financial results of the Unipetrol Group
... Consolidated net profit of Unipetrol a.s. for the whole period of 9 months 2005 reached the level of 2 312.56 m CZK and was higher by 18.4% than 9 months 2004 figure. Main reasons for improvement of the results were: good market situation in Czech Republic, favorable refinery prices and margins, tem ...
... Consolidated net profit of Unipetrol a.s. for the whole period of 9 months 2005 reached the level of 2 312.56 m CZK and was higher by 18.4% than 9 months 2004 figure. Main reasons for improvement of the results were: good market situation in Czech Republic, favorable refinery prices and margins, tem ...
NBAD morning news summary (09-August-2016)
... Energy Forum, which groups producers and consumers, in Algeria from Sept. 26-28. Some OPEC officials had said a revival of talks on a global oil production freeze could be discussed at the meeting if oil prices weaken. The upward momentum was offset by news that the Louisiana Offshore Oil Port in th ...
... Energy Forum, which groups producers and consumers, in Algeria from Sept. 26-28. Some OPEC officials had said a revival of talks on a global oil production freeze could be discussed at the meeting if oil prices weaken. The upward momentum was offset by news that the Louisiana Offshore Oil Port in th ...
The US Economy in 1980: Shockwaves from 1979
... dollar, but more fundamentally, they indicated that the government had accepted the blame for its own contributions to inflation and had committed itself to antiinflation policies in the future. The new policies included measures to defend the dollar directly, measures to slow down the growth of mon ...
... dollar, but more fundamentally, they indicated that the government had accepted the blame for its own contributions to inflation and had committed itself to antiinflation policies in the future. The new policies included measures to defend the dollar directly, measures to slow down the growth of mon ...
11:00 am, January 20, 2015 In Washington, DC (EST
... Given the considerable uncertainty about the impact of lower prices on future oil supply, Arezki and Blanchard (2014) consider two scenarios with different assumptions concerning the supply-related change in the oil price going forward. In the first scenario, 60 percent of the decline in the WEO oil ...
... Given the considerable uncertainty about the impact of lower prices on future oil supply, Arezki and Blanchard (2014) consider two scenarios with different assumptions concerning the supply-related change in the oil price going forward. In the first scenario, 60 percent of the decline in the WEO oil ...
Presentation to the 2009 U.S. Monetary Policy Forum conducted by... Booth School of Business and Brandeis International Business School
... the professionals who are paid to make these forecasts. Moreover, households probably update their forecasts of inflation less frequently than professionals. It’s also worth pointing out that the lack of responsiveness of professional forecasts to relative price shocks appears to be a recent phenom ...
... the professionals who are paid to make these forecasts. Moreover, households probably update their forecasts of inflation less frequently than professionals. It’s also worth pointing out that the lack of responsiveness of professional forecasts to relative price shocks appears to be a recent phenom ...
N Saidi The Arab Spring Beyond - Perspectives on MENA Region World
... • Three of the past five global recessions have been triggered by a Middle East geopolitical shock that propelled oil prices skyward! ...
... • Three of the past five global recessions have been triggered by a Middle East geopolitical shock that propelled oil prices skyward! ...
Commodities Outlook - CIBC World Markets
... And while renting a condo and multiples construction will remain a larger part of the market than in past years, new single-family sales—the primary driver of American lumber demand—have been on a clear uptrend. With interest rate hikes likely coming at a slower pace than in past cycles, the US hous ...
... And while renting a condo and multiples construction will remain a larger part of the market than in past years, new single-family sales—the primary driver of American lumber demand—have been on a clear uptrend. With interest rate hikes likely coming at a slower pace than in past cycles, the US hous ...
Industrial Expansion after the Civil War
... • Increase in size of firms, both vertically and horizontally and change in structure of firms cause concern about monopoly power • Trusts (Organizations of firms to control price and output) and mergers also caused concern • Firms with monopoly power can restrict output and charge higher prices tha ...
... • Increase in size of firms, both vertically and horizontally and change in structure of firms cause concern about monopoly power • Trusts (Organizations of firms to control price and output) and mergers also caused concern • Firms with monopoly power can restrict output and charge higher prices tha ...
Slide 1
... detailed empirical research has shown that considerable reallocation of labour occurs after oil price shocks, amounting to as much as 11 percent of the labour force in manufacturing, and similar extents outside manufacturing. Much of this movement is within industry classifications that are sufficie ...
... detailed empirical research has shown that considerable reallocation of labour occurs after oil price shocks, amounting to as much as 11 percent of the labour force in manufacturing, and similar extents outside manufacturing. Much of this movement is within industry classifications that are sufficie ...
Bob Patel - The Annual GPCA Forum
... • US Shale revolution changed the shape of the global ethylene cost curve and US position on it in the early 2010s. Recent drop in oil price changed the global ethylene cost curve, although US petrochemicals still remain advantaged vs. most of the world. • Positive long-term outlook for US natural g ...
... • US Shale revolution changed the shape of the global ethylene cost curve and US position on it in the early 2010s. Recent drop in oil price changed the global ethylene cost curve, although US petrochemicals still remain advantaged vs. most of the world. • Positive long-term outlook for US natural g ...
Global oil industry and Indian economy
... scarcity or oversupply. From 1948 to 1970, oil prices remained stable at around $3 per barrel. A major development was the formation of OPEC in 1960; consisting of Iraq, Iran, Saudi Arabia, Kuwait and Venezuela. If we look at various periods as explained below it becomes quite clear as to how variou ...
... scarcity or oversupply. From 1948 to 1970, oil prices remained stable at around $3 per barrel. A major development was the formation of OPEC in 1960; consisting of Iraq, Iran, Saudi Arabia, Kuwait and Venezuela. If we look at various periods as explained below it becomes quite clear as to how variou ...
Continuous asset integrity monitoring supports cost
... integrity of the plant is not compromised – thereby maximising production and minimising costs – enhancing profitability. In situations where extreme short-term changes in erosion rates could be expected, the measurement acquisition rate can be increased to every few minutes to provide an early warn ...
... integrity of the plant is not compromised – thereby maximising production and minimising costs – enhancing profitability. In situations where extreme short-term changes in erosion rates could be expected, the measurement acquisition rate can be increased to every few minutes to provide an early warn ...
Why Zones are Important to the Oil Refining Business in the
... “expedite and encourage foreign commerce” while promoting manufacturing in the U.S. Refinery FTZs import a common feedstock, crude oil. The crude oil is generally dutiable at $0.105 or $0.0525 per barrel depending on API gravity. Today’s FTZ regulations permit the zone operator to use an inventory co ...
... “expedite and encourage foreign commerce” while promoting manufacturing in the U.S. Refinery FTZs import a common feedstock, crude oil. The crude oil is generally dutiable at $0.105 or $0.0525 per barrel depending on API gravity. Today’s FTZ regulations permit the zone operator to use an inventory co ...
Drilling Down - Understanding Oil Prices and Their Economic Impact
... Second, the Organization of the Petroleum Exporting Countries (OPEC) has had an important influence on the dynamics of world oil markets, and this influence may be changing over time. The drop in oil prices was accelerated in early December by OPEC’s decision to leave its production target unchanged ...
... Second, the Organization of the Petroleum Exporting Countries (OPEC) has had an important influence on the dynamics of world oil markets, and this influence may be changing over time. The drop in oil prices was accelerated in early December by OPEC’s decision to leave its production target unchanged ...
What derivatives tell us
... The majority of analysts expect that 2010 will be a bad year for US Treasuries BUT with a 10% unemployment , we are still almost twice the level consistent with non – inflationary growth. ...
... The majority of analysts expect that 2010 will be a bad year for US Treasuries BUT with a 10% unemployment , we are still almost twice the level consistent with non – inflationary growth. ...
The Role Of Oil Speculation On The Economy
... services less effective in reducing inflationary pressure. In fact, when we do have the pressure, it goes away within three or four months according to the import paper. Based on this finding, we recommended that oil speculation should be discouraged with a limit placed on how high or low STP should ...
... services less effective in reducing inflationary pressure. In fact, when we do have the pressure, it goes away within three or four months according to the import paper. Based on this finding, we recommended that oil speculation should be discouraged with a limit placed on how high or low STP should ...
This PDF is a selection from a published volume from... Research Volume Title: International Dimensions of Monetary Policy
... counterfactual both regarding the behavior of the ex-ante real rate and of the “real rate” one obtains by subtracting the current inflation rate from the current interest rate. Because 1, the model predicts that this latter “real rate” should have been very high after an inflationary episode in ...
... counterfactual both regarding the behavior of the ex-ante real rate and of the “real rate” one obtains by subtracting the current inflation rate from the current interest rate. Because 1, the model predicts that this latter “real rate” should have been very high after an inflationary episode in ...
Third Oil Shock - Peterson Institute for International Economics
... stocks to the market . . . can make the third oil shock a non-event. The price increase marked the beginning of the second crisis. The principal cause of the predicament, though, was the fall of the Shah of Iran and the subsequent outbreak of war between Iraq and Iran. After the coup, Iran’s product ...
... stocks to the market . . . can make the third oil shock a non-event. The price increase marked the beginning of the second crisis. The principal cause of the predicament, though, was the fall of the Shah of Iran and the subsequent outbreak of war between Iraq and Iran. After the coup, Iran’s product ...
CHANGES IN FUEL OIL PRICES IN TURKEY: AN ESTIMATION OF
... The Turkish economy has witnessed constant fluctuations in fuel oil prices during the last decade as a result of the fluctuations in crude oil prices in international markets. Therefore, continuously changing crude oil prices also caused fluctuations in fuel oil prices in Turkey. Especially in the a ...
... The Turkish economy has witnessed constant fluctuations in fuel oil prices during the last decade as a result of the fluctuations in crude oil prices in international markets. Therefore, continuously changing crude oil prices also caused fluctuations in fuel oil prices in Turkey. Especially in the a ...
Too Much of a Good Thing? High Oil Prices and Russian
... Sterilization Through the Ministry of Finance Some of the new rubles will wind up with the Ministry of Finance (Arrow 2), because of increased tax receipts. The Ministry can also borrow funds in rubles. By returning some of these rubles to the Central Bank, sterilization would be achieved. This retu ...
... Sterilization Through the Ministry of Finance Some of the new rubles will wind up with the Ministry of Finance (Arrow 2), because of increased tax receipts. The Ministry can also borrow funds in rubles. By returning some of these rubles to the Central Bank, sterilization would be achieved. This retu ...
Economic Security: A National Security Folly?
... their governments’ prime concern focused on “cooling” the Arab-Israeli conflict and avoiding a superpower confrontation. So the October price increases were followed by another set of price hikes in December. In a very short time, world oil prices had jumped enormously. The price refiners paid for c ...
... their governments’ prime concern focused on “cooling” the Arab-Israeli conflict and avoiding a superpower confrontation. So the October price increases were followed by another set of price hikes in December. In a very short time, world oil prices had jumped enormously. The price refiners paid for c ...
Too much of a good thing? High oil prices and Russian monetary
... Sterilization Through the Ministry of Finance Some of the new rubles will wind up with the Ministry of Finance (Arrow 2), because of increased tax receipts. The Ministry can also borrow funds in rubles. By returning some of these rubles to the Central Bank, sterilization would be achieved. This retu ...
... Sterilization Through the Ministry of Finance Some of the new rubles will wind up with the Ministry of Finance (Arrow 2), because of increased tax receipts. The Ministry can also borrow funds in rubles. By returning some of these rubles to the Central Bank, sterilization would be achieved. This retu ...
Lukoil - NYU Stern
... Producing higher volumes of jet and diesel fuel, and are expanding in the petrochemical section ...
... Producing higher volumes of jet and diesel fuel, and are expanding in the petrochemical section ...
Lower for Longer Crude Prices Threaten Oil Sands
... February, the Canadian Energy Research Institute published its annual estimate of break-even costs for oil sands producers. The analysis showed a WTI equivalent break-even cost including processing and transportation of $60.52/barrel for SAGD crude. The equivalent for mined crude was $75.73/barrel. ...
... February, the Canadian Energy Research Institute published its annual estimate of break-even costs for oil sands producers. The analysis showed a WTI equivalent break-even cost including processing and transportation of $60.52/barrel for SAGD crude. The equivalent for mined crude was $75.73/barrel. ...
Application of statistical analysis and prdiction to the petroleum
... global oil prices fall can be diagnosed as a “common feeling” of lacking foresight for those petroleum statisticians who have been infected. The financial budgets of many oil companies before the breaking out of crisis are based on a rising oil price of world market. However, the falling of oil pric ...
... global oil prices fall can be diagnosed as a “common feeling” of lacking foresight for those petroleum statisticians who have been infected. The financial budgets of many oil companies before the breaking out of crisis are based on a rising oil price of world market. However, the falling of oil pric ...
1973 oil crisis
The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC, consisting of the Arab members of the OPEC plus Egypt and Syria) proclaimed an oil embargo. By the end of the embargo in March 1974, the price of oil had risen from $3 per barrel to nearly $12. The oil crisis, or ""shock"", had many short-term and long-term effects on global politics and the global economy. It was later called the ""first oil shock"", followed by the 1979 oil crisis, termed the ""second oil shock.""