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Brent holds above $107; focus on Ukraine, US stockpiles SINGAPORE: Brent crude held steady above $107 a barrel on Tuesday, supported by escalating geopolitical tension over Ukraine and expectations of large draws in U.S. oil stockpiles.Speculators mostly kept to the sidelines, with light volumes across most risk assets including oil, but the risks in oil prices seemed to point towards gains, with the possibility of new Western sanctions on Russia, the world's top crude producer."There is a lot of tough talk going on at the moment and the potential is there for further sanctions on Russia, which would have an impact across energy markets," said Ben Le Brun, a market analyst at Sydney-based trader OptionsXpress.Brent crude for September delivery was down 6 cents at $107.62 a barrel at 0645 GMT, while U.S. oil for August delivery traded 27 cents higher at $104.86 a barrel. The U.S. front-month contract expires on Tuesday.The European benchmark has kept in a tight range ...

Oil prices up in Asian trade SINGAPORE: Oil prices rose in Asia Tuesday against the backdrop of geopolitical tensions fuelled by a warning of tougher sanctions against Russia over the downing of a Malaysian airliner and fierce fighting in Gaza.US benchmark West Texas Intermediate (WTI) for August delivery was up 54 cents at $105.13 at midday, and Brent crude for September climbed 26 cents to $107.95.Five days after Malaysia Airlines flight MH17 crashed in Ukraine, pro-Russian separatists conceded to a furious ...
Brent holds above $107 as investors focus on Ukraine tension SINGAPORE: Brent crude dipped on Monday but held above $107 a barrel as investors kept an eye on the intensifying geopolitical crisis between Moscow and the West over the downing of a civilian jet in Ukraine last week.Investors seemed reluctant to build a higher risk premium into oil prices, with the risk of supply disruptions from Russia looking limited for the time being.U.S. Secretary of State John Kerry laid out on Sunday what he called ...
China's June crude imports from Iran up 38pc y/y BEIJING: China's crude oil imports from Iran expanded 38 percent in June from a year ago, although the shipments were also at their lowest level in four months, customs data showed on Monday.Imports in the first half of 2014 were up 48 percent over the same six months of the previous year.China, Tehran's largest oil client, began stepping up purchases from the OPEC member after a preliminary nuclear deal in November of last year eased ...
Brent steady above $107 as investors focus on Ukraine tension SINGAPORE: Brent crude held steady above $107 a barrel on Monday, with investors watching an intensifying geopolitical crisis between Moscow and the West over the downing of a civilian jet in Ukraine last week. Still, investors seemed reluctant to build a higher risk premium into oil prices, with the risk of supply disruptions from Russia looking limited for the time being. US Secretary of State John Kerry laid out on Sunday what he called overwhelming ...
Brent oil to slide to $106 SINGAPORE: Brent oil may continue to slide further to $106 per barrel, to fill a gap on the hourly chart that formed on July 17.This could be a common gap, as the rise from the July 15 low of $104.39 is classified as a rebound. It is not very clear if the rebound extends, but at least the first leg of this rebound could be completed, should it extend later on.Resistance is at $107.61, the ...
South Korea shares, won edge up as geopolitical tensions ease SEOUL: South Korean shares and the won edged up on Monday as geopolitical tensions eased somewhat, with riskier assets getting a boost on expectations of policy changes to shore up the local economy.The Korea Composite Stock Price Index (KOSPI) was up 0.38 percent at 2,027.14 points as of 0153 GMT versus an onshore close of 2,019.42 on Friday - its best week since May. The index touched the 2,030 mark earlier in the day for ...

 



 
Index Closing Chg%
Arrow DJIA 17,083.80 0.02
Arrow Nasdaq 4,472.11 0.04
Arrow S&P 1,987.98 0.05
Arrow FTSE 6,821.46 0.34
Arrow DAX 9,794.06 0.42
Arrow CAC-40 4,410.65 0.78
Arrow Nikkei 15,284.42 0.29
Arrow H.Seng 24,141.50 0.71
Arrow Sensex 26,271.85 0.48





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln