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Brent crude slips on weak Chinese industrial data NEW YORK: Brent crude oil prices fell on Monday, pressured by disappointing economic data from world No. 2 oil consumer China, while technical support and a dollar pullback limited losses and helped US crude settle slightly higher.China's National Bureau of Statistics said on Saturday that the consumer price index rose 3.2 percent in February from a year earlier, versus expectations of a 3.0 percent rise, while annual industrial production growth in January and February, combined at 9.9 percent, was the lowest since October 2012.Saudi Arabia produced more crude oil in February than it did the previous month, even while lowering the amount supplied to customers, an industry source said on Saturday, with the news of more production helping pressure crude futures on Monday.Before it turned weaker during the session a stronger dollar put pressure on dollar-denominated oil and copper after Friday's better-than-expected US jobs report and ratings agency Fitch's downgrade ...

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 ...
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 ...

 



 
Index Closing Chg%
Arrow DJIA 17,652.60 0.79
Arrow Nasdaq 4,757.88 0.16
Arrow S&P 2,051.82 0.55
Arrow FTSE 6,832.83 0.53
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 22, 2015
Reserves $10.331 bln