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Brent slips toward $106 as US fuel demand disappoints SINGAPORE: Brent crude slipped towards $106 a barrel on Thursday and was set to post its biggest monthly loss in more than a year as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East and Africa.Gasoline stockpiles rose in the United States even though it is the peak driving season, raising concern over the outlook for demand in the world's largest oil consumer. OPEC pumped more oil in July than in June despite concerns that unrest in Africa and the Middle East could hurt production, a Reuters survey showed.Brent crude has fallen more than 5 percent this month and is on track to post its biggest monthly loss since April 2013.On Thursday the September contract had fallen 26 cents to $106.25 a barrel by 0335 GMT. US crude futures for September delivery dropped 69 cents to $99.58 a barrel, putting the contract on ...

Oil prices extend losses in Asian trade SINGAPORE: Oil prices tumbled further in Asia Thursday as concerns eased that fresh Western sanctions on Russia over Ukraine would have an immediate impact on global oil supplies, analysts said. US benchmark West Texas Intermediate (WTI) for September delivery slipped 64 cents to $99.63 while Brent crude for September was down 23 cents at $106.28 in afternoon trade. WTI fell 70 cents in New York trade and Brent lost $1.21 in London on Wednesday despite ...
Brent slips near $108 as Mideast tension cools on Gaza lull SINGAPORE: Brent crude slipped near $108 a barrel on Monday as fighting between Israel and Hamas Islamist militants subsided in Gaza, but some analysts said falls may be limited.Geopolitical tensions in the Middle East eased for now after Hamas said it backed a 24-hour humanitarian truce. U.S. President Barack Obama had called for a ceasefire but there was no sign of any comprehensive deal to end fighting with Israel.September Brent crude was down 35 cents ...
Oil prices drift lower in Asia TOKYO: Oil prices dipped in Asian trade Monday ahead of the release of US economic growth and jobs data later in the week, while investors track events in Ukraine and the crude-rich Middle East.The US benchmark futures contract, West Texas Intermediate (WTI) for September, dipped 51 cents to $101.58 a barrel.Brent North Sea crude for September delivery was down 43 cents at $107.96 a barrel.Investors are also looking to a US Federal Reserve policy meeting ...
Brent slips below $108 as Mideast tension cools on Gaza lull SINGAPORE: Brent crude slipped below $108 a barrel on Monday as fighting between Israel and Hamas militants subsided in Gaza, but some analysts said falls may be limited. Geopolitical tensions in the Middle East eased for now after Hamas said it backed a 24-hour humanitarian truce. US President Barack Obama had called for a ceasefire but there was no sign of any comprehensive deal to end fighting with Israel. September Brent crude fell 50 cents ...
Japan offers Mexican crude from strategic reserves TOKYO: Japan's trade ministry on Monday issued a tender offering a total 1.89 million barrels (about 300,000 kilolitres) of Mexican crude from the government's Strategic Petroleum Reserves as part of a plan to replace the oil with other grades. The tender will be held on Aug. 13. The tender is for about 1 million barrels (160,000 kl) to be delivered between Sept. 10-Oct. 20 and the remaining 881,000 barrels (140,000 kl) to be delivered in ...
Oil prices mixed in Asian trade SINGAPORE: Oil prices were mixed in Asia Friday as soft gasoline demand in the United States offset upbeat manufacturing data from China, analysts said.US benchmark West Texas Intermediate (WTI) for September delivery dipped eight cents to $101.99 a barrel in afternoon trade, while Brent crude gained two cents to $107.09."WTI prices are kept pressured under by gasoline inventories, which expanded for the third straight week despite the ongoing driving season in the US," said Desmond ...

 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln