All
 

 

Just in:  

You are here: Home»Markets»Energy

Markets - Energy

Archive

Brent climbs above $62 as Asian markets open strong SINGAPORE: Oil prices rose on Monday as Asian markets opened strongly into a holiday-shortened week and consensus spread that Brent crude futures would likely remain above $60 for the rest of the year.MSCI's broadest index of Asia-Pacific shares outside Japan extended gains and was up 1.1 percent. Japan's Nikkei stock average erased early gains and was flat ahead of a Japanese public holiday, though Australian shares surged 1.6 percent. Brent climbed more than a dollar to over $62.46 per barrel but gave up some gains to trade up 78 cents at $62.16 by 0447 GMT. US crude was up 70 cents at $57.83 a barrel.Although analysts said prices would likely remain over $60 barrel for the rest of the year, they also said that further large price jumps were unlikely. "Any oil relief rally is likely to be limited and short-lived, barring a major outage. We see too many headwinds ...


CNPC, South Sudan in MoU to boost oil production BEIJING: China National Petroleum Co, or CNPC, has entered into an agreement with South Sudan to boost production of existing oilfields in the young African state, according to a report in China Petroleum New, a CNPC-run paper. Oil is the main source of cash for South Sudan, but output has dropped due to conflict and ageing fields. Fighting between rebels and the government has damaged some fields. CNPC's engineering and services team will work with ...

Australia shares extend rally in thin trade, energy & mining firms lead SYDNEY/WELLINGTON: Australian shares built on last week's rally, climbing 1.2 percent on Monday in a holiday-shortened week, led by gains in energy and mining companies after oil surged on Friday. Activity was likely to be thin this week, with many investors away for Christmas and the run-up to New Year's holiday. By 0149 GMT, the S&P/ASX 200 index was up 62.95 points to 5,401.6 in light trade. The benchmark advanced 2.5 percent on Friday, the ...

Asian shares take cue from Wall Street's rally TOKYO: Asian shares took their cues from Wall Street and kicked off a holiday-shortened week on a strong footing on Monday, while the euro touched a fresh two-year low against the greenback on divergent monetary policy expectations. MSCI's broadest index of Asia-Pacific shares outside Japan extended gains and was up 1.1 percent. Japan's Nikkei stock average erased early gains and was flat ahead of a Japanese public holiday on Tuesday, though Australian shares surged 1.6 ...

Brent crude oil prices rise over $62 as Asian markets open strong SINGAPORE: Oil prices rose in early trading on Monday as Asian markets opened strongly into a holiday-shortened week and as consensus spread that Brent crude prices would likely remain above $60 for the rest of the year.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent in early trade, while Japan's Nikkei stock average was up 0.4 percent ahead of a Japanese holiday on Tuesday. Front-month Brent crude prices climbed more than a ...

US oil targets $36.74 in three months SINGAPORE: US oil may test support at $50.30 per barrel over the next three months, with a good chance of breaking below this level and falling further towards $36.74.Oil is riding on a powerful wave C which started at the June 20 high of $107.73. It has a fierce character, which has been proved by the sharp fall over the past few months.This wave extends a three-wave cycle that developed from the July 2008 high ...

Sinopec says to raise winter gas supply 11pc y/y BEIJING: China's Sinopec Corp said on Monday that it will raise total commercial gas supply from November through March 2015 by 11 percent from year-ago levels to 8.4 billion cubic metres (bcm). The second-largest Chinese energy giant expects its full-year gas output to climb 8 pct versus 2013 to 20 bcm, according to a company statement. Copyright Reuters, 2014


 



 
Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln