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Oil prices end mixed amid firm supplies NEW YORK: Global oil prices were mixed Monday as supplies remained firm and industrial production in China showed signs of a slowdown, possibly signalling a weaker demand for energy, analysts said.In New York trade, the benchmark West Texas Intermediate crude for April delivery edged up 11 cents from Friday to finish at $92.06.In London trade, Brent North Sea crude for April dropped 63 cents to $110.22 a barrel.The US contract followed Brent lower for most of the session before making a late comeback, with the mood still for a slightly flush market."The crude oil market tipped back to the downside in Monday trade as China's industrial output fell short of expectations and Saudi Arabia was reportedly producing more in February than the month before," said Tim Evans at Citi Futures."The US market remains well supplied with petroleum. Crude stocks as of March 1 were 10.3 percent higher than a year ...

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 ...
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 ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln