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Oil prices ease in Asian trade SINGAPORE: Oil prices dipped in Asian trade Tuesday, but the losses were limited by lingering concerns about the crisis in Ukraine, analysts said.New York's main contract, West Texas Intermediate for May delivery, was down 10 cents at $104.27 a barrel in mid-morning trade while Brent North Sea crude for June declined 11 cents to $109.84.Tan Chee Tat, investment analyst at Phillip Futures in Singapore, said continued tensions in Ukraine are keeping prices "at high levels"."There are some agreements being made among the countries to try and resolve the conflict through diplomatic means but the markets are not too convinced," Tan told AFP.The situation in Ukraine has become a proxy battle for influence between US-led Western powers supporting the government in Kiev and Russia, which last month took over Crimea and is suspected of backing separatists in eastern Ukraine.Moscow and Washington each called on Monday for more action from the other ...

India's 2013/14 fuel demand growth slowest in over a decade NEW DELHI: India's local fuel sales increased at their slowest pace in more than a decade in the year to March, reflecting the sluggish growth of its economy and manufacturing activity.India's economic growth has almost halved to below 5 percent in the past two years on weak investments and consumer demand, the worst slowdown for the south Asian nation since the 1980s.Local oil product sales, a proxy for oil demand in the world's fourth-largest oil ...
China's March crude imports from Iran up 36.1pc y/y BEIJING: China's March crude oil imports from Iran rose more than a third from a year ago, keeping imports in the first three months of 2014 close to the levels seen before Western sanctions were applied more than two years ago.China's intake from Iran in March rose 36.1 percent to 555,182 barrels per day (bpd), customs data showed on Monday, in keeping with the rise in exports from the OPEC member after the November nuclear ...
China's March crude imports from Iran up 36pc BEIJING: China's March crude oil imports from Iran were 2.36 million tonnes, or 555,182 barrels per day, up 36.1 percent from the same month last year, customs data showed on Monday.On a daily basis, the March imports climbed 0.5 percent from February's 552,613 bpd.Copyright Reuters, 2014 ...
Oil prices down in quiet Asian trade SINGAPORE: Oil prices eased in subdued post-holiday Asian trade Monday, but retained support from the escalating Ukraine crisis following a deadly gunfight over the weekend, analysts said. New York's main contract, West Texas Intermediate for May delivery, dipped 13 cents to $104.17 in afternoon trade and Brent North Sea crude for June eased 42 cents to $109.11 a barrel.Desmond Chua, market analyst at CMC Markets in Singapore, said trading volumes are thin owing to the ...
Brent dips towards $109 after steep gains, Ukraine supports SINGAPORE: Brent futures dropped towards $109 a barrel on Monday as investors took profits after steep gains, but uncertainty surrounding the crisis in Ukraine kept limited the decline. Russia and world powers reached an agreement designed to avert a wider conflict over Ukraine, but the viability of the deal was bought into question with at least three people killed in a gunfight.Oil and broader financial markets are watching the unfolding crisis that has already made ...
Oil prices down in quiet Asian trade SINGAPORE: Oil prices were down in subdued post-holiday Asian trade Monday, but retained support from the escalating Ukraine crisis following a deadly gunfight over the weekend, analysts said. New York's main contract, West Texas Intermediate for May delivery, dipped 22 cents to $104.08 in mid-morning trade and Brent North Sea crude for June eased 44 cents to $109.09 a barrel.Desmond Chua, market analyst at CMC Markets in Singapore, said trading volumes are thin in Asian ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,819.75 0.20
Arrow DAX 9,470.17 0.08
Arrow CAC-40 4,381.04 0.34
Arrow Nikkei 15,424.59 0.23
Arrow H.Seng 24,742.06 0.01
Arrow Sensex 26,638.11 0.29





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln