Sentence examples for oil disruption from inspiring English sources

This would be used quickly if a larger oil disruption threatened the world economy.

The possibility of further corporate scandals or an oil disruption in the Middle East heightens the uncertainty.

"Now we're on the road to averting a home heating oil disruption on the East Coast," Energy Secretary Bill Richardson said.

Analysts say right now, the global economy can cope with current levels of oil disruption: "As long as it does not spread to the UAE, Kuwait, Qatar or Saudi Arabia or worsen in Bahrain, Yemen or Iran, oil supplies from Saudi Arabia and Kuwait should be able to make up shortfalls in Libya," analytics firm Cameron Hanover said in a report.

The worst oil disruptions in history deprived global markets of five million to six million barrels per day.

American policy, he concludes, should therefore be designed principally to prevent “catastrophic oil disruptions”.

It calls for an expansion of global strategic petroleum reserves, which would ease the impact of oil disruptions.

It could also dampen the impact of oil disruptions, especially if the drilling revolution goes global down the road.

But other factors, like investor concerns about a weak dollar, oil disruptions in the Middle East and changing perceptions of the global economy, have also fed rapidly changing prices.

(2) According to the fluctuation characteristics of the international oil market and Brent oil prices previously reviewed, compared with the previous two crises before 1990, the ability of OPEC to resist oil disruptions and soaring oil prices has improved substantially.

As the economists Jacques Cremer and Djavad Salehi-Isfahani pointed out 20 years ago, this means that an oil market disruption can, for a time, be self-reinforcing: higher prices lead to lower overall supply and hence to still higher prices.