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US gasoline prices continue to fall: Lundberg survey NEW YORK: The average price of a gallon of gasoline in the United States fell by 2 cents in the past two weeks as crude oil prices continued a broad decline, according to the Lundberg survey released on Sunday. Prices fell to an average of $3.46 per gallon for regular grade gasoline, according to the survey conducted Sept. 5. That extends a decline in prices to 11 weeks, survey publisher Trilby Lundberg said. "Over the past two weeks the decline in crude and gasoline have been getting smaller and smaller," said Lundberg."We might be seeing the completion of pass through from refiners to marketers to retailers of these lower crude oil prices."The average price for gasoline is about 12 cents lower than a year ago. The San Francisco Bay Area had the highest price within the survey area, at $3.88 per gallon for regular, while the lowest price was in ...

Petrobras Pasadena TX refinery shuts gasoline unit: filing HOUSTON: Petrobras SA's 100,000 barrel per day (bpd) Pasadena, Texas, refinery shut its gasoline-producing fluidic catalytic cracking unit on Sunday due to a compressor malfunction, according to a notice the refinery filed with Texas pollution regulators. A governor in a compressor control system on the 56,000 bpd FCCU malfunctioned, requiring operators to remove feed from the unit and shut it down, according to the notice filed with the Texas Commission on Environmental Quality.An estimated 14,000 ...
Oil prices sag after disappointing US jobs data NEW YORK: Oil prices dropped Friday, pulled lower by a disappointing US employment report that suggested weaker economic growth.US benchmark West Texas Intermediate (WTI) for October delivery slid $1.16 to $93.29 a barrel.In London, Brent North Sea crude for October dropped $1.01 to $100.82 per barrel.Hopes that the US would turn in a seventh straight month of strong jobs generation were dashed when August's number came in at just 142,000 net new positions, 80,000 less ...
US July crude oil exports as much as 400,903 bpd in July NEW YORK: US crude oil exports reached as much as 400,903 barrels per day in July, according to data from the U.S. Census Bureau released on Thursday.The higher numbers in July come on the heels of exports of crude oil from U.S. shores in June reaching 396,000 bpd, the highest on record since 1957.Exports to Canada were as much as 372,701 bpd, Census data showed. Exports to Singapore were 2,840 bpd with exports to Switzerland ...
Oil gains more than $2, Brent rebounds from 16-month low NEW YORK: Crude oil prices jumped by more than $2 a barrel on Wednesday off multimonth lows as the prospect of peace talks between Ukraine and Russia combined with strong US economic data to raise demand expectations. New orders for US factory goods jumped in July and automobile sales in August were unexpectedly robust, offering further signs of strength in the manufacturing sector. President Vladimir Putin outlined plans for a ceasefire in eastern Ukraine on ...
Oil rallies as Ukraine hopes lift sentiment NEW YORK: World oil prices rebounded Wednesday following the prior day's heavy losses in a rally spurred in part by hopes for a resolution to the Ukraine conflict.US benchmark West Texas Intermediate for October delivery gained $2.66 to close at $95.54 on the New York Mercantile Exchange, largely recovering from a more than $3 drop the prior day.European benchmark Brent oil for delivery in October jumped $2.43 to $102.77 a barrel in London, coming back ...
Oil rises over $1, Brent rebounds from 16-month low NEW YORK: Crude oil prices climbed by more than $1 a barrel on both sides of the Atlantic on Wednesday as oil markets bounced off multimonth lows hit in the previous session, as the prospect of peace talks between Ukraine and Russia as well as strong U.S. economic data raised demand expectations.New orders for U.S. factory goods jumped in July and automobile sales in August were unexpectedly robust, offering further signs of strength in the ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln