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Oil prices rise on Ukraine fears SINGAPORE: Oil prices rose in Asian trade Tuesday on renewed fears about Ukraine after pro-Russian protesters seized government buildings in the eastern city of Donetsk.New York's main contract West Texas Intermediate (WTI) for May delivery rose 51 cents to $100.95 a barrel in afternoon trade and Brent North Sea crude for May gained 26 cents to $106.08.The pro-Kremlin militants on Monday declared independence and vowed to hold a vote on joining Russia, fuelling concerns that Ukraine will fragment after Crimea was absorbed into its giant neighbour last month following a controversial referendum.Since Russia took control of Crimea, several mainly Russian-speaking eastern regions in the ex-Soviet state have seen calls for similar votes by pro-Kremlin groups."The returning tensions in Ukraine are definitely providing some support to oil prices," Desmond Chua, market analyst at CMC Markets in Singapore, told AFP. "Investors are watching closely for clues about Russia's intentions regarding Ukraine," he ...

Brent climbs above $106 on Ukraine tension; Libya supply caps gains SINGAPORE: Brent crude climbed above $106 a barrel on Tuesday supported by increased tensions between Russia and the West over Ukraine, while gains were capped by news that Libya prepared to load crude onto tankers from newly reopened ports. Oil prices were supported by renewed tensions in Ukraine, which raised concerns about the possibility of a deeper diplomatic rift between Russia, the world's biggest oil producer, and the West. Brent crude for May delivery was ...
Oil prices rise on Ukraine fears SINGAPORE: Oil prices rose in Asian trade Tuesday on renewed fears about Ukraine after pro-Russian protesters seized government buildings in the eastern city of Donetsk.New York's main contract West Texas Intermediate (WTI) for May delivery rose 46 cents to $100.90 a barrel in mid-morning trade and Brent North Sea crude for May gained 31 cents to $106.13.The pro-Kremlin militants on declared independence and vowed to hold a vote on joining Russia, fuelling concerns that Ukraine ...
Brent slips below $106 as Libya deal eases supply worries SINGAPORE: Brent crude prices fell below $106 a barrel on Monday, snapping a two-day winning streak, as worries about supply disruption eased after Libyan rebels occupying four eastern oil ports agreed to gradually end their eight-month old blockade. A major advance for the north African exporter, the end to the oil port standoff is taking some supply worries off the market that helped push prices to a high of $112 for the year. Investors are ...
Oil prices ease in Asian trade SINGAPORE: Crude prices dropped in Asian trade Monday after rebels agreed to reopen two of the four blockaded oil terminals in eastern Libya, analysts said.New York's main contract West Texas Intermediate (WTI) for May delivery dropped 30 cents to $100.84 a barrel in afternoon trade and Brent North Sea crude for May slid 80 cents to $105.92.The announcement of a deal to reopen the Zueitina and Al-Hariga terminals was made in Zueitina in the presence ...
Brent holds above $106, but set for worst week in 3 months SINGAPORE: Brent crude edged up on Friday to hold above $106 a barrel, but stayed on track for its biggest weekly fall in three months as Libya's major oil ports could open in days and boost supplies. Libya has seen evidence of "good intentions" at indirect talks with eastern rebels which could lead to the lifting of their eight-month blockage, although divisions in the rebel camp may complicate matters. May Brent crude rose 17 cents ...
Oil prices mixed in Asian trade SINGAPORE: Oil prices were mixed in Asian trade Thursday as investors weighed a surprisingly robust US stockpiles report with an expected return of Libyan supplies after a months-long disruption in exports, analysts said. New York's West Texas Intermediate for May delivery eased 20 cents to $99.42 a barrel in afternoon trade and Brent North Sea crude for May was up 11 cents at $104.90."There is some downward pressure from the Libyan side," Tan Chee Tat, ...

 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln