Sentence examples for lead oil from inspiring English sources
Denmark hopes to benefit from the shrinkage of Greenland ice with the extraction of major deposits of rare earths, uranium, iron ore, lead, oil and gems.
Thus far, ExxonMobil, the lead oil company on the project, has failed to reveal a specific plan to ensure that this will not happen.
Thursday's high was just over $50 for WTI as the supply and demand situation for oil started to improve, said Abhishek Deshpande, lead oil market analyst with Natixis.
"Opec wanted … to cut off production … and they wanted other non-Opec [countries], especially in the US and Canada, to feel the pinch they are feeling," says Abhishek Deshpande, lead oil analyst at Natixis.
Indeed, some experts, like Merv Fingas, who served as the lead oil spill expert at Environment Canada, the Canadian counterpart of the E.P.A., said Corexit was not that much more toxic than other dispersants and had a long track record of use.
"It's quite significant because meetings like these, not one of the planned two annual meetings that Opec tends to have, is clearly showing the nervousness within Opec and showing … an increased level of awareness within Opec to do something with this surplus," said Abhishek Deshpande, lead oil market analyst with Natixis.
In the 1990s, low oil prices and overflowing oil supplies led oil companies to cut back on exploration drastically.
A crash of the Chinese economy though far from certain would hurt, much as the South-East Asian financial crisis led oil prices to plunge.
New U.S. crude oil and natural gas supplies have driven down the average price per barrel and led oil giants like Saudi Arabia to reduce their own production in order to stabilize prices.
The high oil prices of recent years have led oil companies to invest heavily in exploration and in techniques to extract hydrocarbons that until recently were off limits, including the shale formations in North Dakota in the United States.
The attack in Algeria has already led oil companies there to evacuate hundreds of workers temporarily and eventually could lead some companies to pull out of especially volatile countries.
