Sentence examples for oil sinking from inspiring English sources

Drillers have to go down deeper and deeper to discover more oil; sinking a well in Oklahoma can cost over $1m.

Financial stocks were in positive territory, but gains were muted relative to the sector's recent surge, while the energy sector proved a drag on the broader market with oil sinking.

With the price of oil sinking toward $15, the consolidation process is sure to continue, because bigger, better-balanced firms deal more effectively with volatility.

I remember clearly May 12 , 1976 when a tanker carrying about 30 million gallons of oil sank near La Coruña.

Metals and other commodities had steep losses last week, when silver tumbled 27 percent and oil sank 15 percent because of fears of weaker global demand and higher margin requirements.

In the 1930s, when oil sank to 10 cents a barrel, the state of Texas adopted a system that mimicked Rockefeller's — or at least got the same result.

Six months later, a ship carrying 60,000 metric tons of coal and 50 tons of oil sank off the Mumbai coast and washed up tar balls to this shore.

The price of a barrel of oil sank to its lowest level in almost seven years, as traders bet on a continued glut of global energy and a historic Federal Reserve interest rate hike next week.

Oil sank almost 14 per cent during the month as worries over China's stuttering economy fuelled a global sell-off, leaving the cost of crude  48 per cent lower than a year earlier, according to the Office for National Statistics.

Oil sank to less than $70 a barrel as a result.

I recommended them after they had been cut down 40% or 50%; they then proceeded to fall an additional 16% as the price of oil sank to $11. Oil is rebounding already.