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Brent slips, holds near $100 as ample supply weighs SINGAPORE: Brent crude eased for a fourth straight session on Tuesday, with prices holding near a 16-month trough below $100 a barrel, amid concerns of ample global supply and slower-than-expected growth in the world's top oil consumers. Continued output from strife-torn countries such as Iraq and Libya and the shale oil boom in the United States have lessened supply side risks, while slowing growth in western economies and China have raised demand concerns, said Tetsu Emori, a commodity fund manager at Japan's Astmax Co Ltd. Brent was trading down 21 cents at $99.99 as of 0723 GMT after ending the previous session 62 cents lower.On Monday, prices slid below $100 for the first time in almost 15 months and hit a low of $99.36 - the weakest since May 1, 2013. US crude was 43 cents higher at $93.09, snapping a three-day losing streak, after falling 63 cents on Monday. ...

Brent slips but holds above $100 on OPEC output cut hopes SINGAPORE: Brent crude eased for a fourth straight session on Tuesday but held above $100 a barrel after dropping below that level on the previous day for the first time in 16 months, with prices supported by hopes of production cuts by OPEC. Continued output from strife-torn countries such as Iraq and Libya and the shale oil boom in the United States have lessened supply side risks, while slowing growth in western economies and China ...
Japan spot LNG contracted in August falls to $11.40/mmBtu TOKYO: Spot liquefied natural gas (LNG) contracted in August for delivery to Japan averaged $11.40 per million British thermal units (mmBtu), falling 40 cents from July, the trade ministry said on Tuesday. Japan started releasing spot LNG prices for the first time in April to add transparency to the market amid concern about rising fuel costs in the wake of the shutdown of nuclear plants after the Fukushima crisis. The country has been importing record ...
Oil prices mixed in Asia SINGAPORE: Oil prices were mixed in Asia Tuesday, coming under pressure on concerns about fragile demand, flush global supplies and a surging US dollar, analysts said.US benchmark West Texas Intermediate (WTI) for October delivery rose 33 cents to $92.99 in late-morning trade, while Brent crude for October fell nine cents to $100.11.WTI had dropped 63 cents to $92.66 in New York, its lowest level since January, while Brent declined 62 cents to $100.20 in London ...
Asia Pacific crude steady; Sakhalin Energy sells Vityaz SINGAPORE: An overhang of October-loading cargoes weighed on the Asia-Pacific crude market on Monday, although improving refining margins may provide some support.Sakhalin Energy sold 730,000 barrels of Vityaz crude loading Nov 5-12 at around $2 a barrel above Dubai quotes.Premiums for the light sweet grade have dropped over the last two months in line with other Russian grades such as ESPO and Sokol due to ample supply and a strong Dubai benchmark.Vityaz fetched premiums of ...
Oil prices up in Asian trade SINGAPORE: Oil prices rose in Asia Monday but gains were capped as a disappointing US jobs report tempered sentiment about demand in the world's top crude consumer, analysts said.US benchmark West Texas Intermediate for October delivery rose 19 cents to $93.48 while Brent crude for October gained five cents to $100.87 in afternoon trade. "The unexpectedly weak US jobs number puts doubt in the US economic outlook and in turn, weakened oil demand," Singapore's United ...
Oil prices down after weak US jobs report SINGAPORE: Oil prices dipped in Asia Monday as a disappointing US jobs report tempered sentiment about demand in the world's top crude consumer, analysts said.US benchmark West Texas Intermediate for October delivery eased one cent to $93.28 while Brent crude for October fell seven cents to $100.75 in late-morning trade. "The unexpectedly weak US jobs number puts doubt in the US economic outlook and in turn, weakened oil demand," Singapore's United Overseas Bank said in ...

 



 
Index Closing Chg%
Arrow DJIA 17,778.15 2.43
Arrow Nasdaq 4,748.40 2.24
Arrow S&P 2,061.23 2.40
Arrow FTSE 6,466.00 2.04
Arrow DAX 9,811.06 2.79
Arrow CAC-40 4,249.49 3.35
Arrow Nikkei 17,210.05 2.32
Arrow H.Seng 22,832.21 1.09
Arrow Sensex 27,126.57 1.56






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln