Sentence examples for barrel higher from inspiring English sources

NOW that the war in Iraq has begun, oil prices could go $10 a barrel higher -- or lower -- by this time next month.

The company said crude oil prices averaged more than $5 a barrel higher in the fourth quarter than in the comparable three months of 1999.

An oil price that, because of climate policy uncertainty, is $20 a barrel higher than it would otherwise have been implies that US consumers pay $400m per day more, of which $240m per day is paid to foreign oil producers.

If oil is only $10 a barrel higher than it would otherwise have been, and stays there a while, prices in general will rise, output and incomes will be reduced, and unemployment, at least for a while, will be raised.

Despite the clouds hanging over the economy, and recent stock market losses, several energy analysts say that oil prices will average $80 a barrel this year, $8 a barrel higher than last year's average — and nearly double the figure of 2004.

According to a 1984 internal Chevron document that was released to the I.R.S., Chevron agreed to buy oil from Caltex at prices, set by the government of Indonesia, that were on average $4.55 a barrel higher than the prevailing market price.

The boom that started in 2008 when oil prices reached nearly $150 a barrel – high enough to make new fracking technology affordable.

With oil prices hovering around $60 per barrel, high fuel prices are perhaps the most significant obstacle.

Total oil reserves are now estimated to be 13 billion barrels, several billion barrels higher than original estimates.

Wall Street barreled higher yesterday, lifting the Dow Jones industrial average more than 250 points, as investors took heart in a string of positive economic data.

Since then, however, world demand has grown rapidly: the daily world consumption of oil is 12 million barrels higher than it was a decade ago, roughly equal to the combined production of Saudi Arabia and Iran.