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US natgas futures lower on milder weather forecasts NEW YORK: US natural gas futures edged lower early Monday, pressured by milder weather forecasts that should curb any late-winter heating demand.As of 9:47 a.m. EDT (1347 GMT), front-month April natural gas futures on the New York Mercantile Exchange were at $3.606 per million British thermal units, down 2.3 cents, or less than 1 percent.The nearby contract rose as high as $3.645 in electronic trade, a more than six-week spot chart high and tying the highest mark so far for 2013.In the cash market, gas for Tuesday delivery at the NYMEX benchmark Henry Hub in Louisiana was heard early up 6 cents at $3.63 on light volume near 352 million cubic feet.Early deals also firmed to 4 cents over the front month, from deals done late Friday at a 1-cent discount.Gas on the Transco pipeline at the New York citygate was heard early up 12 cents at $3.87 on volume ...

Brent crude falls NEW YORK: Brent crude futures fell on Friday as supportive US jobs data strengthened the dollar, while US gasoline futures rallied to a 2013 high because high-priced ethanol credits, or RINs, are making fuel imports from Europe too expensive.The US currency hit a 3-1/2-year high versus the yen and a three-month peak against the euro after the government reported US non-farm payrolls rose more than expected in February, adding 236,000 jobs and easily beating economists' ...
US suggests Keystone pipeline won WASHINGTON: The US State Department suggested Friday that a $5.3 billion Canada-to-Texas oil pipeline would have no major impact on the environment, but stopped short of recommending it be approved.The lengthy draft environmental impact statement examines how the Keystone XL Project could affect wildlife and surrounding areas as it crosses from the tar-sands of Alberta in Canada and travels 875 miles (1,408 kilometers) south.The fate of the proposed pipeline, which many environmentalists fear could be ...
US natgas futures hold slim gains ahead of EIA stocks data NEW YORK: US natural gas futures held slim gains early Thursday, underpinned by light buying ahead of what should be a bullish weekly inventory report this morning though the milder change in extended weather forecasts helped limit the upside.Cold forecasts helped drive the front contract up nearly 10 percent over the last two weeks, with the market also garnering support from utilities switching from coal to cheaper gas to generate power and hefty nuclear plant ...
US oil prices edge higher, Brent down           NEW YORK: US oil prices rebounded slightly on Wednesday helped by some encouraging industrial data, but a rise in US stockpiles and more eurozone uncertainty kept a cap on the gains.   New York's main contract, West Texas Intermediate crude for April delivery, closed up 13 cents from Monday, at $92.76 a barrel.   But London's prices weakened, with Brent North Sea crude losing 84 cents to $111.92 a barrel.   The market saw a sign of strength in the US ...
Cold weather boosts US spot natural gas prices for 3rd day           NEW YORK: Most US spot natural gas prices rose on Wednesday for a third straight day, as cold weather was forecast for much of the United States, boosting the need for gas-fired heating demand.   Gas for Thursday delivery at Henry Hub, the benchmark supply point in Louisiana, rose 3 cents to $3.49 per million British thermal units, with early-morning Hub differentials firming to about 4 cents over NYMEX from a 6-cent premium on Tuesday.   The Global Forecast ...
Brent crude oil drops under $113 on Italian vote fears              NEW YORK: Brent crude oil fell to a one-month low under $113 a barrel on Tuesday on worries about an inconclusive Italian election that revived investor concerns about instability in the euro zone and threatened the outlook for fuel demand.   The vote result in the euro zone's third-largest economy stoked fears that the country's politicians would be unable to form a government strong enough to carry out effective reforms.   The election results "played out in the end ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln