Just in:  

You are here: Home»Markets»Energy

Markets - Energy


Asia Pacific crude mixed; Alaskan crude headed for South Korea SINGAPORE: The Asia-Pacific crude market was mixed on Tuesday as Alaskan crude was on its was to South Korea, adding to a glut of crude in the region.South Korean refiner GS Caltex is set to receive 800,000 barrels of Alaskan crude on Oct. 10 after purchasing the oil on the spot market, a source at the company said. The deal marks the first U.S. export of Alaskan crude to South Korea in more than a decade.The Suezmax Polar Discovery loaded at the Valdez terminal in Alaska late last week and was due to arrive next week in Yeosu, South Korea, according to shipping data available on Thomson Reuters Eikon.Premiums for Russia's ESPO grade edged higher after Surgut sold four cargoes loading Nov. 11-14, Nov. 17-20, Nov. 22-25 and Nov. 25-28 in a tender at $1.70-$2.20 a barrel above Dubai quotes, traders said.Rosneft also offered 700,000 barrels of Sokol crude loading ...

Thailand to raise domestic gas prices from Oct 1 BANGKOK: Thailand's military-backed government will raise prices of liquefied petroleum gas (LPG) for transportation by 0.62 baht/kg and those of natural gas for vehicles (NGV) by 1.00 baht ($0.03) from October 1, a senior energy ministry official said on Tuesday. The increases are part of closely-watched energy reforms aimed at restructuring domestic fuel prices from a highly-regulated system to a market-based one, the ministry's permanent secretary Areepong Bhoocha-oom told a news conference. Copyright Reuters, 2014 ...

Turkey hikes natural gas prices 9pc from October ISTANBUL: Turkey will hike electricity and natural gas prices by 9 percent from October, Energy Minister Taner Yildiz said on Tuesday, blaming a weaker lira currency for the price hikes in the heavily import-dependent country. The hikes are expected to put further pressure on already stubborn inflation. Much of Turkey's electricity is generated using natural gas, meaning the price rise is likely to have a significant impact on household energy bills.Copyright Reuters, 2014

Oil prices turn higher in Asian trade SINGAPORE: Oil prices turned higher in Asian trade Tuesday on expectations of upbeat economic data from the United States, the world's biggest economy, analysts said.US benchmark West Texas Intermediate (WTI) for November delivery was up nine cents to $94.66 a barrel in afternoon trade and Brent crude added seven cents to $97.27.WTI climbed $1.03 in US trade Monday, while Brent was up 20 cents ahead of a fresh round of results analysts hope will confirm ...

Japan oil sales fall 9.7pc in August TOKYO: Japan's oil product sales in August fell 9.7 percent from a year earlier, the Ministry of Economy, Trade and Industry (METI) said on Tuesday. Oil product sales in the fourth-biggest importer of crude decreased to 2.91 million barrels per day (14.32 million kilolitres) for the month, the ministry said. Copyright Reuters, 2014

Taiwan stocks drop on Hong Kong protests TAIPEI: Taiwan stocks fell 0.88 percent on Tuesday as pro-democracy protests in Hong Kong continued to roil global markets.As of 0228 GMT, the main TAIEX index was lower 78.42 points at 8,882.34, after closing down 0.32 percent on Monday.Most major subindexes fell with electronics down 0.8 percent and construction lower 1.12 percent.Transportation was the lone standout, rising 0.5 percent.The Taiwan dollar was up T$0.048 at T$30.454 to the US dollar. Copyright Reuters, 2014

Brent crude slips back towards $97, set for third monthly drop TOKYO: Brent crude futures edged back down towards $97 a barrel on Tuesday because of ample supplies, a lacklustre global economy and the strengthening of the dollar to a four-year peak against a basket of major currencies. London Brent for November delivery was trading 9 cents lower at $97.11 a barrel by 0248 GMT, after rising 20 cents on Monday. US crude for November delivery was down 25 cents at $94.32 a barrel. Oil prices ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,337.64 0.96
Arrow DAX 11,169.54 2.15
Arrow CAC-40 4,892.99 1.51
Arrow Nikkei 19,847.58 0.39
Arrow H.Seng 22,498.00 0.40
Arrow Sensex 25,775.74 0.17

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln