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Oil prices follow US equities lower NEW YORK CITY: Oil prices Wednesday tracked US equity markets lower, declining for the fourth straight session since Friday's disappointing US jobs report.US oil benchmark West Texas Intermediate fell 93 cents to $104.37 a barrel on the New York Mercantile Exchange.The European benchmark, Brent crude for September delivery, lost 74 cents at $107.44 a barrel.The US oil contract has fallen $3.52 per barrel, or 3.3 percent, since August 1. Leading US equity indices have also dropped the last three sessions in the wake of Friday's monthly US jobs report, which showed weaker-than-expected employment growth in July."The weakness in the Dow can be having some effect," said James Williams of WTRG Economics. Kyle Cooper, managing partner at IAF Advisors in Houston, said the recent decline made sense, calling oil "rather pricey" above $105 a barrel given the fundamental supply and demand figures.Wednesday's weekly US oil inventory report showed a decline of ...

Oil prices ease as Libyan production rebounds NEW YORK CITY: Oil prices slipped slightly on Monday as Libyan production rebounded after protests last week.But upbeat economic data from China and the United States helped keep a floor in the market, analysts said.In New York the benchmark West Texas Intermediate crude for delivery in September slid 38 cents to $106.56 a barrel. In London, Brent North Sea crude for delivery in September dropped 25 cents to $108.70 a barrel.The resumption of production from ...
Oil prices sink after mixed US jobs report NEW YORK CITY: Crude oil prices sank Friday after a weaker-than-expected jobs report in the United States cast a cloud over demand in the world's biggest oil consumer.New York's main futures contract, West Texas Intermediate for September delivery, closed at $106.94 a barrel, down 95 cents from Thursday.In London trade, Brent North Sea crude for delivery in September fell 59 cents to finish at $108.95 a barrel.The keenly awaited US monthly jobs report came in ...
US natgas futures slip to 5-month low NEW YORK: US natural gas futures slid to their lowest level in nearly five months early Monday, pressured ahead of the front month's expiration later in the day by continued mild weather expected to blanket much of the nation and curb summer cooling demand.In addition, Tropical Storm Dorian weakened over the weekend in the Atlantic, easing fears about the system heading into the Gulf of Mexico and disrupting offshore energy production. The US National Hurricane ...
US natgas futures choppy in early trading ahead of EIA data NEW YORK: US natural gas futures hovered near unchanged early on Thursday, awaiting further direction from government storage data due out later in the day.Most traders expect continued mild weather in consuming regions of the nation and below-normal nuclear plant outages to weigh on prices. But some said a stir in tropical activity this week served as a reminder that the peak of the hurricane season was still ahead.The US National Hurricane Center said Tropical ...
US natgas futures edge lower on continued mild weather NEW YORK: US natural gas futures edged lower early on Wednesday, as continued mild weather in consuming regions of the nation this week and next were seen curbing power demand."Overall the latest forecasts suggest that the call on natural gas for weather-related demand for power generation is likely to be below normal for this time of the year," said Energy Management Institute partner, Dominick Chirichella.In addition, below-average nuclear power plant outages were adding more weight ...
US natgas futures rise 2 percent despite cool forecasts NEW YORK: US natural gas futures reversed early losses to climb nearly 2 percent on Tuesday and traders said last week's heat wave in the Northeast could cause analysts to adjust their end of season inventory estimates lower, despite forecasts for milder weather that should curb power demand."Last week's heat wave along the northeast coast is likely to result in this week's inventory injection outperforming the historical data or a bullish price driver for the ...

 



 
Index Closing Chg%
Arrow DJIA 18,096.90 0.58
Arrow Nasdaq 4,967.14 0.26
Arrow S&P 2,098.53 0.44
Arrow FTSE 6,919.24 0.44
Arrow DAX 11,390.38 0.98
Arrow CAC-40 4,917.35 0.99
Arrow Nikkei 18,703.60 0.59
Arrow H.Seng 24,465.38 0.96
Arrow Sensex 29,380.73 0.72







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln