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U.S. natgas futures close lower on warmer forecast NEW YORK: U.S. natural gas futures prices closed down by more than 1 percent on Friday on long-term forecasts for warmer weather as the market continued to pull back from Wednesday's 10 percent rally.The relatively small decline may signal an end to a volatile trading period. The front-month futures on the New York Mercantile Exchange have gained or lost at least 5 percent every day since Jan. 23, and jumped more than 10 percent higher on two of those days. On Thursday, the front-month fell more than 8 percent.MDA Weather Services revised its 11- to 15-day forecast on Friday for warmer weather than previously expected. The private forecaster expects weather to turn relatively warm over the next five days in the South and East, but intense cold returns to the Central and Great Lakes regions over the next six to 10 days.The February 2014 contract expired on Wednesday, moving March, ...

Ethanol RINs rally in Friday trading NEW YORK: Renewable identification numbers (RINs) rallied on Friday morning as traders bought up the biofuel blending credits, sending ethanol RINs as high as 48 cents each. The 48-cent trade, for 2013 compliance-year ethanol RINs, represents a 10-cent rise over Thursday's prices, when the credits traded for 38 cents each. Ethanol RINs for the 2014 compliance year traded in a similar range, traders said. The credits had traded under 40 cents ...
ExxonMobil profits fall as oil, gas output dips NEW YORK: US oil giant ExxonMobil Thursday said fourth-quarter earnings sagged under a drop in oil and gas production and major declines in its international refining and chemical businesses.Driving the 1.8 percent decline in oil and gas output was a slower-than-expected ramp-up of the Kearl Canadian oilsands project and a months-long outage at the massive Kashagan field in Kazakstan due to pipeline problems, said Exxon vice president David Rosenthal.Fourth-quarter earnings came in at $8.4 billion, ...
US oil prices edge lower on higher supplies NEW YORK: US oil prices slipped Wednesday after an unexpectedly large rise in US crude inventories.US benchmark West Texas Intermediate for delivery in March fell five cents to close at $97.36 a barrel on the New York Mercantile Exchange.European benchmark Brent oil for March delivery rose 44 cents to $107.85 a barrel in London.The US Department of Energy said US crude inventories rose by 6.4 million barrels in the week ending January 24. Analysts' consensus ...
Oil market dips as traders wait on Fed NEW YORK, Jan 27, 2014 (AFP) - More turbulence in global financial markets Monday helped press oil prices lower amid rising concerns for global economic growth.In New York the main contract, West Texas Intermediate crude for March delivery, dropped 92 cents to finish at $95.72 a barrel.London's benchmark, Brent North Sea crude for March, shed $1.19 to stand at $106.69 per barrel.Stocks continued to sink on Monday in Asia and Europe, and remained frail in ...
US natural gas slides as weather warms; oil, gold drop NEW YORK: US natural gas futures slumped 6.5 percent on Monday, as a thaw after last week's deep freeze reduced heating demand across much of the country, while oil slid as investors shed risky assets and gold fell 1 percent on profit taking after the precious metal hit a one-month high during the session.Copper futures hit their lowest in seven weeks on worries about an economic slowdown in top consumer China, while US government export ...
Midwest spot propane prices ease below $4 per gallon NEW YORK: Spot propane prices at the key storage and trading hub in Conway, Kansas, eased below $4.00 a gallon on Monday, traders and brokers said, after jumping to near $5.00 last week as the extreme cold in the United States caused a surge in demand for the heating fuel.Propane prices for January delivery traded at $3.80 a gallon in Kansas, after opening at $4.00, steady to where prices were seen late on Friday.Even after ...

 



 
Index Closing Chg%
Arrow DJIA 17,440.59 0.73
Arrow Nasdaq 5,039.78 0.96
Arrow S&P 2,067.64 0.58
Arrow FTSE 6,505.13 1.13
Arrow DAX 11,056.40 2.56
Arrow CAC-40 4,927.60 2.57
Arrow Nikkei 20,350.10 0.95
Arrow H.Seng 24,351.96 3.09
Arrow Sensex 27,561.38 1.96





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln