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Crude prices mixed in Asia SINGAPORE: Oil prices were mixed in Asia Friday as traders took a breather after recent gains, but signs of stronger US gasoline demand and escalating tensions in Ukraine provided support.US benchmark, West Texas Intermediate (WTI) for delivery in July, was down 12 cents to $103.46 a barrel after rallying 86 cents in Yew York Thursday.Brent North Sea crude for July gained six cents to $110.03 a barrel in afternoon trade.The US Department of Energy's weekly oil report Thursday showed overall US inventories rising, but gasoline supplies falling in the week ended May 23.Desmond Chua, market analyst at CMC Markets in Singapore, told AFP the decline in gasoline supplies suggested robust petrol demand going into the US summer driving season when Americans take to the roads for their holidays.Traders are also tracking the escalating fighting between government troops and separatist rebels in Ukraine, a major pipeline conduit for Russia's natural gas ...

Crude prices mixed in Asia SINGAPORE: Oil prices were mixed in Asia Friday as traders took a breather after recent gains, but signs of stronger US gasoline demand and escalating tensions in Ukraine provided support.US benchmark, West Texas Intermediate (WTI) for delivery in July, was down 21 cents to $103.37 a barrel after rallying 86 cents in Yew York Thursday.Brent North Sea crude for July gained four cents to $110.01 a barrel in mid-morning trade.The US Department of Energy's weekly ...
Oil prices up in Asian trade SINGAPORE: Oil prices rose in Asia Thursday as dealers await the latest US supply report for clues about demand in the world's biggest crude consumer, while supply concerns also provided support.US benchmark, West Texas Intermediate (WTI) for delivery in July, climbed 17 cents to $102.89 a barrel in afternoon trade, while Brent North Sea crude for July gained four cents to $109.85.The Department of Energy will release the latest US stockpiles report later Thursday, a ...
US oil to fall more to $102.30 SINGAPORE: US oil is expected to fall to a support at $102.30 per barrel, a break below which could lead to further loss to $100.94.The support is provided by the 23.6 percent Fibonacci retracement on the rise from the May 1 low of $98.74 to the May 27 high of $104.50. The next support will be at $102.30, the 38.2 percent level, which may temporarily stop the fall or even trigger a moderate rebound.Based on ...
Japan's JX shuts CDU for maintenance as planned TOKYO: JX Nippon Oil & Energy Corp , Japan's biggest oil refiner, said it shut the 110,000-barrels-per-day (bpd) No.3 crude distillation unit (CDU) at Mizushima-B refinery on Thursday as planned for scheduled maintenance. The maintenance is set to last till Aug. 4, the company said last month. Copyright Reuters, 2014 ...
Brent holds near $110 on demand hopes as US gasoline stocks fall SINGAPORE: Brent futures held near $110 a barrel on Thursday on hopes of improved demand from the world's top oil consumer, the United States, as a sharp fall in US gasoline stocks added to recent data pointing to a stronger economy. The brighter demand outlook is supporting prices, already at elevated levels due to supply disruption concerns from Libya and a widening rift between Russia, the world's top oil producer, and the West over Ukraine. ...
Asia pacific crude weaker; Surgut sells ESPO lower SINGAPORE: The Asia-Pacific crude market weakened slightly on Wednesday as premiums for Russia's ESPO crude fell on slack demand from refiners struggling with low margins.Russia's Surgut sold two cargoes of ESPO crude loading July 13-17 and July 21-25 in a tender to Japan's JX Nippon at $5.40-$5.45 per barrel above Dubai quotes, traders said.JX Nippon last week bought two cargoes of the crude at a premium of $5.50 per barrel, according to Reuters data.Surgut also ...

 



 
Index Closing Chg%
Arrow DJIA 17,071.22 0.25
Arrow Nasdaq 4,505.85 0.14
Arrow S&P 1,977.80 0.25
Arrow FTSE 6,646.60 0.04
Arrow DAX 9,422.91 0.71
Arrow CAC-40 4,358.07 0.83
Arrow Nikkei 16,310.64 0.50
Arrow H.Seng 23,229.21 1.90
Arrow Sensex 26,597.11 0.11





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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln