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US oil prices jump more than $2 on Ukraine tensions NEW YORK: Global oil prices jumped Tuesday on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Donetsk.New York's West Texas Intermediate (WTI) for delivery in May surged $2.12 to $102.56 per barrel, its highest level in one month.Brent North Sea crude for May gained $1.85 to $107.67 a barrel in London trade."Oil is firming in reaction to heightened tensions in Ukraine, where Russia has warned of civil war if Kiev asserts military control in the eastern part of the country," said Addison Armstrong, senior director of market research for Tradition Energy.NATO's chief on Tuesday warned Russia against further intervention in Ukraine, urging Moscow to "step back" after pro-Kremlin militants seized government buildings in several cities in the east.Pro-Russia activists have seized state buildings in the eastern cities of Kharkiv, Lugansk and Donetsk, where they have vowed to vote on joining Russia in an eerie ...


Oil market rises on resurgent Ukraine tensions LONDON: Global oil prices advanced on Tuesday on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Donetsk.New York's West Texas Intermediate (WTI) for delivery in May won 77 cents to $101.21 per barrel. Brent North Sea crude for May gained 50 cents to $106.32 a barrel in late morning trade in London.NATO's chief on Tuesday warned Russia against further intervention in Ukraine, urging Moscow to "step back" after pro-Kremlin ...

Brent oil rises above $106 on renewed Ukraine tension LONDON: Brent crude rose above $106 a barrel on Tuesday as fresh unrest in eastern Ukraine heightened tension between Russia and the West, but hopes Libya would soon resume oil exports kept prices capped. The gains came amid a broad retreat in global equity markets recently and a weakening of the dollar, with investors turning to oil for exposure to global economic growth. Brent crude for May delivery was up 63 cents at $106.45 a ...

Russia's Gazprom says Ukraine fails to pay for gas on time MOSCOW: Russia's top natural gas producer Gazprom said on Tuesday Ukraine had failed to pay on time for March gas supplies and its debt stood at $2.2 billion. "They haven't paid for March," a spokesman said, confirming that Ukraine's total debt of $2.2 billion had not been reduced. He declined to say what, if any, action Gazprom would take. Ukraine's energy company Naftogaz declined immediate comment. Copyright Reuters, 2014

Oil prices rise on Ukraine fears SINGAPORE: Oil prices rose in Asian trade Tuesday on renewed fears about Ukraine after pro-Russian protesters seized government buildings in the eastern city of Donetsk.New York's main contract West Texas Intermediate (WTI) for May delivery rose 51 cents to $100.95 a barrel in afternoon trade and Brent North Sea crude for May gained 26 cents to $106.08.The pro-Kremlin militants on Monday declared independence and vowed to hold a vote on joining Russia, fuelling concerns that ...

Brent climbs above $106 on Ukraine tension; Libya supply caps gains SINGAPORE: Brent crude climbed above $106 a barrel on Tuesday supported by increased tensions between Russia and the West over Ukraine, while gains were capped by news that Libya prepared to load crude onto tankers from newly reopened ports. Oil prices were supported by renewed tensions in Ukraine, which raised concerns about the possibility of a deeper diplomatic rift between Russia, the world's biggest oil producer, and the West. Brent crude for May delivery was ...

Oil prices rise on Ukraine fears SINGAPORE: Oil prices rose in Asian trade Tuesday on renewed fears about Ukraine after pro-Russian protesters seized government buildings in the eastern city of Donetsk.New York's main contract West Texas Intermediate (WTI) for May delivery rose 46 cents to $100.90 a barrel in mid-morning trade and Brent North Sea crude for May gained 31 cents to $106.13.The pro-Kremlin militants on declared independence and vowed to hold a vote on joining Russia, fuelling concerns that Ukraine ...


 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln