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Middle East crude DME Oman slips back in discount SINGAPORE: DME Oman slipped back into a discount against Dubai swaps in the Middle East crude market on Tuesday, down from the previous session's two-month high, in the last trading day of the month.A flurry of trades dominated the Platts window as traders square their positions. Seventeen Dubai partials were traded and Vitol will deliver a December-loading Oman cargo to Shell.For Oman, SK Energy sold four partials to Shell.Elsewhere, North Asian refiners have stepped up spot purchases as they diversify their crude supply beyond the Middle East.The first US export of Alaskan crude to South Korea in more than a decade set sail at the weekend, according to a company source and shipping data, marking another milestone as booming shale oil output forces domestic drillers to seek new customers.The Suezmax Polar Discovery loaded at the Valdez terminal in Alaska late last week and was due to arrive next week in ...

Asia Pacific crude mixed; Alaskan crude headed for South Korea SINGAPORE: The Asia-Pacific crude market was mixed on Tuesday as Alaskan crude was on its was to South Korea, adding to a glut of crude in the region.South Korean refiner GS Caltex is set to receive 800,000 barrels of Alaskan crude on Oct. 10 after purchasing the oil on the spot market, a source at the company said. The deal marks the first U.S. export of Alaskan crude to South Korea in more than a ...
Thailand to raise domestic gas prices from Oct 1 BANGKOK: Thailand's military-backed government will raise prices of liquefied petroleum gas (LPG) for transportation by 0.62 baht/kg and those of natural gas for vehicles (NGV) by 1.00 baht ($0.03) from October 1, a senior energy ministry official said on Tuesday. The increases are part of closely-watched energy reforms aimed at restructuring domestic fuel prices from a highly-regulated system to a market-based one, the ministry's permanent secretary Areepong Bhoocha-oom told a news conference. Copyright Reuters, 2014 ...
Oil prices turn higher in Asian trade SINGAPORE: Oil prices turned higher in Asian trade Tuesday on expectations of upbeat economic data from the United States, the world's biggest economy, analysts said.US benchmark West Texas Intermediate (WTI) for November delivery was up nine cents to $94.66 a barrel in afternoon trade and Brent crude added seven cents to $97.27.WTI climbed $1.03 in US trade Monday, while Brent was up 20 cents ahead of a fresh round of results analysts hope will confirm ...
Japan oil sales fall 9.7pc in August TOKYO: Japan's oil product sales in August fell 9.7 percent from a year earlier, the Ministry of Economy, Trade and Industry (METI) said on Tuesday. Oil product sales in the fourth-biggest importer of crude decreased to 2.91 million barrels per day (14.32 million kilolitres) for the month, the ministry said. Copyright Reuters, 2014 ...
Taiwan stocks drop on Hong Kong protests TAIPEI: Taiwan stocks fell 0.88 percent on Tuesday as pro-democracy protests in Hong Kong continued to roil global markets.As of 0228 GMT, the main TAIEX index was lower 78.42 points at 8,882.34, after closing down 0.32 percent on Monday.Most major subindexes fell with electronics down 0.8 percent and construction lower 1.12 percent.Transportation was the lone standout, rising 0.5 percent.The Taiwan dollar was up T$0.048 at T$30.454 to the US dollar. Copyright Reuters, 2014 ...
Brent crude slips back towards $97, set for third monthly drop TOKYO: Brent crude futures edged back down towards $97 a barrel on Tuesday because of ample supplies, a lacklustre global economy and the strengthening of the dollar to a four-year peak against a basket of major currencies. London Brent for November delivery was trading 9 cents lower at $97.11 a barrel by 0248 GMT, after rising 20 cents on Monday. US crude for November delivery was down 25 cents at $94.32 a barrel. Oil prices ...


Index Closing Chg%
Arrow DJIA 17,071.22 0.25
Arrow Nasdaq 4,505.85 0.14
Arrow S&P 1,977.80 0.25
Arrow FTSE 6,646.60 0.04
Arrow DAX 9,422.91 0.71
Arrow CAC-40 4,358.07 0.83
Arrow Nikkei 16,310.64 0.50
Arrow H.Seng 23,229.21 1.90
Arrow Sensex 26,597.11 0.11

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln