Oil Price in a sentence
Synonym: cost, market price.
Meaning: The cost of crude oil per barrel or unit.
(1) The oil price reached a record high last year.
(2) The oil price is typically denominated in US dollars.
(3) The oil price per bbls fluctuated throughout the year.
(4) The diesel oil price hike affected transportation costs.
(5) The oil price can impact the profitability of oil companies.
(6) The oil price can impact the profitability of oil refineries.
(7) Economic recessions often lead to a decrease in the oil price.
(8) The oil price has been steadily increasing over the past month.
(9) The oil price can be affected by changes in global oil reserves.
(10) The oil price can have a ripple effect on other commodity prices.
Oil Price sentence
(11) The oil price can impact the cost of transportation and logistics.
(12) Speculators often try to predict future movements in the oil price.
(13) Fluctuations in the oil price can greatly impact the global economy.
(14) The oil price can be affected by changes in oil production capacity.
(15) The oil price has been steadily increasing over the past few months.
(16) The oil price hike has led to an increase in gas prices at the pump.
(17) The oil price surge has led to a boost in profits for oil companies.
(18) A sudden drop in the oil price can benefit consumers at the gas pump.
(19) The oil price is a key indicator of the health of the global economy.
(20) The price effect of the oil price hike is being felt at the gas pumps.
Oil Price make sentence
(21) The fluctuating oil price is causing uncertainty in the energy market.
(22) The oil price can be influenced by government policies and regulations.
(23) The oil price per bbls fluctuated between $50 and $70 in the last year.
(24) The oil price is influenced by supply and demand dynamics in the market.
(25) The oil price is a key indicator of inflationary pressures in the economy.
(26) The oil price can impact the stock market performance of energy companies.
(27) The oil price drop has resulted in job losses in the oil and gas industry.
(28) The oil price can be affected by natural disasters that disrupt production.
(29) The oil price can have a direct impact on the cost of living for consumers.
(30) The oil price crash in 2020 had a significant impact on the global economy.
Sentence of oil price
(31) Political tensions in oil-producing regions can cause the oil price to rise.
(32) Investors closely monitor the oil price to make informed financial decisions.
(33) The oil price hike resulted in cost-push inflation across various industries.
(34) The oil price can affect the profitability of airlines and shipping companies.
(35) The oil man's company faced financial challenges during an oil price downturn.
(36) The oil price can be influenced by geopolitical events such as wars or conflicts.
(37) The oil price volatility makes it difficult for businesses to plan for the future.
(38) Oil-producing countries heavily rely on the oil price for their economic stability.
(39) The oil-rich countries have faced economic fluctuations due to oil price volatility.
(40) The oil price is expected to rise due to increased demand from developing countries.
Oil Price meaningful sentence
(41) OPEC plays a significant role in determining the oil price through production quotas.
(42) The oil price can be influenced by economic growth or contraction in major economies.
(43) The oil price can impact the cost of manufacturing goods that rely on petroleum products.
(44) The oil price can be affected by technological advancements in alternative energy sources.
(45) The oilproducing nations are experiencing economic fluctuations due to oil price volatility.
(46) The oil price can be affected by weather conditions that impact oil extraction and transportation.
(47) I recommend you buy energy stocks for the short term to benefit from potential oil price increases.
(48) The oil price is influenced by a variety of factors, including geopolitical tensions and supply and demand.
(49) OPEC's role in managing oil price volatility has been crucial for the stability of global financial markets.
Oil Price meaning
Oil price refers to the cost of a barrel of oil in the global market. It is a crucial factor that affects various aspects of the economy, including transportation costs, inflation rates, and overall economic growth. Understanding how to use the term "oil price" in a sentence effectively can help individuals communicate their ideas accurately and concisely. Here are some tips on how to incorporate this phrase into your writing or conversation:
1. Define the term: When introducing the phrase "oil price" in a sentence, it is essential to provide a brief explanation or definition.
For example, "The oil price, which represents the cost of a barrel of oil, has a significant impact on the global economy."
2. Use it in a descriptive context: To provide more context and detail, you can use the term "oil price" to describe specific situations or events. For instance, "The recent surge in oil prices has led to an increase in transportation costs, affecting the prices of goods and services worldwide."
3. Discuss its impact on the economy: The phrase "oil price" is often associated with economic factors. When using it in a sentence, consider discussing its effects on inflation, economic growth, or industry-specific sectors.
For example, "The fluctuating oil prices have caused inflation rates to rise, putting pressure on consumers' purchasing power."
4. Compare and contrast: To highlight the significance of oil prices, you can compare them to other economic indicators or commodities. For instance, "While the stock market experienced a downturn, the oil price remained relatively stable, providing some relief to the energy sector."
5. Analyze trends and forecasts: When discussing the oil price, it can be helpful to incorporate trends or forecasts to provide a more comprehensive understanding.
For example, "Experts predict that the oil price will continue to rise due to increasing global demand and geopolitical tensions."
6. Consider geopolitical factors: Geopolitical events and conflicts often impact oil prices. When using the term "oil price" in a sentence, you can mention these factors to provide a broader perspective. For instance, "The oil price soared following the political unrest in the Middle East, as investors feared potential disruptions in oil supply."
7. Discuss the implications for consumers: The phrase "oil price" directly affects consumers' daily lives, particularly in terms of fuel costs. When using it in a sentence, consider discussing its impact on household budgets or travel expenses.
For example, "The rising oil prices have forced many families to cut back on their travel plans due to increased fuel costs."
8. Highlight the relationship with renewable energy: The phrase "oil price" is often associated with discussions about renewable energy sources. When incorporating it into a sentence, you can emphasize the need for alternative energy solutions. For instance, "The volatility of oil prices has prompted governments to invest more in renewable energy to reduce dependence on fossil fuels."
9. Use it in a global context: The oil price is a global phenomenon, affecting countries and economies worldwide. When using the term in a sentence, consider discussing its impact on different regions or countries.
For example, "Developing nations heavily rely on oil exports, making them vulnerable to fluctuations in the oil price."
10. Conclude with a future outlook: To wrap up your sentence, you can provide a summary or future outlook related to the oil price. For instance, "As the world transitions towards cleaner energy sources, the oil price is expected to face increasing pressure, leading to a fundamental shift in the global energy landscape." By following these tips, you can effectively incorporate the term "oil price" into your writing or conversation, ensuring clear and concise communication.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Oil Price. They do not represent the opinions of TranslateEN.com.