Sentence examples for weaker oil from inspiring English sources

Four years later, Algeria is facing revenue shortages due to weaker oil prices and its foreign exchange reserves have fallen.

While the strategy is working as US oil output is slowing, it's come at great pain for economically weaker oil states like Venezuela and Nigeria.

Like other big oil companies Total has been under pressure from shareholders to cut costs and raise dividends as rising costs in the industry and weaker oil prices squeeze profitability.

Among the mid-caps, Weir is down 76p at £16.24 as the pumps maker said 2016 profits would be slightly lower than expected due to weaker oil markets and tougher trading conditions in the middle east.

As a result, even though the IMF warns that risks to the global outlook remain tilted to the downside, I don't believe that weaker oil prices are pointing to a coming recession.

ECB-watchers were therefore well prepared when rates duly rose, by a quarter of a percentage point, to 3.25%.A slide in consumer-price inflation to 1.8% last month, greased by weaker oil prices, raised no doubts, even though this is at last "below, but close to, 2%", the ECB's stated aim.

Airlines also climbed higher, with the weak oil price leading to cheaper fuel costs.

Persistently weak oil prices drove turbulence throughout the quarter, he said.

Stock markets in Europe were generally weaker today, brought down by telecommunications losses and weak oil stocks.

The contraction in January resulted chiefly from weak vehicle sales, weak oil and gas output and a softening housing market.

When demand is weak, oil prices can collapse because many oil producers need revenue and will pump all they can.