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China Aug power output falls 2.2pc on year SHANGHAI: China's power generation fell 2.2 percent in August from a year earlier, data from the country's National Bureau of Statistics showed on Saturday.Power output in the world's top consumer was 495.9 billion kilowatt hours (kWh) in August, down 1.8 percent from 504.8 kWh from the preceeding month, data showed.Copyright Reuters, 2014 ...

China Aug crude oil throughput climbs 4.4pc SHANGHAI: China's refinery throughput rose 4.4 percent in August from a year earlier to 41.39 million tonnes, or 9.75 million barrels per day (bpd), data from the National Bureau of Statistics showed on Saturday.The daily run rate is up 0.8 percent compared with the 9.67 million bpd recorded in July.Copyright Reuters, 2014 ...
China Aug implied oil demand up 3.4pc SHANGHAI: China's implied oil demand in August rose 3.4 percent from a year earlier to 9.70 million barrels per day (bpd), according to Reuters' calculations based on government data.Reuters calculates implied oil demand by combining official figures for refinery throughput and net imports of refined products, excluding any inventory changes, which are rarely disclosed by the government.Copyright Reuters, 2014 ...
Indonesia needs to raise fuel prices before March JAKARTA: Indonesia's government needs to raise fuel prices before March and preferably in the fourth quarter of this year, deputy central bank governor Mirza Adityaswara said on Friday.President-elect Joko Widodo, who takes office on Oct. 20, is expected to raise domestic fuel prices to cut subsidies and make budget funds available for economic and social development.Raising fuel prices would cut a huge oil import bill and help to reduce the country's trade deficit. But cutting ...
Oil prices mixed in Asia after IEA demand downgrade SINGAPORE: Oil prices were mixed in Asia Friday after the International Energy Agency slashed its forecast for world crude demand this year and as dealers awaited key US economic data, analysts said.US benchmark West Texas Intermediate (WTI) for October delivery was up 27 cents to $93.10, while Brent crude for October eased 13 cents to $97.95 in afternoon trade.Both WTI and Brent traded at multi-month lows Thursday before bouncing back to close higher. WTI closed ...
Oil prices down in Asia after IEA demand downgrade SINGAPORE: Oil prices fell in Asia Friday after the International Energy Agency slashed its forecast for world crude demand this year and as dealers await key US economic data, analysts said.US benchmark West Texas Intermediate (WTI) for October delivery was down one cent to $92.82 while Brent crude for October eased 29 cents to $97.79 in late-morning trade.Both WTI and Brent traded at multi-month lows Thursday before bouncing back to close higher. WTI closed $1.16 ...
Asia Pacific crude demand lackluster; PV Oil seeks arbitrage SINGAPORE: Inflows of arbitrage cargoes weighed on the Asia-Pacific crude market, while demand outlook from refineries in the region remained bleak, traders said on Thursday.Shipments to Asia from the Atlantic Basin have increased since Brent's premium to Dubai swaps began narrowing in July, adding to a glut of crude in the region.Brent-Dubai Exchange of Futures for Swaps (EFS) narrowed 10 cents to $1.10 a barrel, as Brent crude hit a 17-month low below $98 a ...

 



 
Index Closing Chg%
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln