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Oil prices mixed after weak Chinese trade data SINGAPORE: Oil prices were mixed in Asia Tuesday after the latest Chinese trade data showed lacklustre demand in the world's top energy consumer, analysts said.US benchmark West Texas Intermediate for October delivery fell $1.34 to $44.71 while Brent crude for October gained 44 cents to $48.07 in late-morning trade.The Chinese customs administration said Tuesday overseas shipments in August fell 6.1 percent in yuan terms from a year earlier. This compared with a fall of 8.9 percent in July.Imports dropped 14.3 percent, from an 8.6 percent decrease in July."This data just reinforces the view we are still seeing weakness in the Chinese economy and this data point suggests we have not seen a bottom yet," Bernard Aw, market strategist at IG Markets, told AFP."China's economy remains a worry for the wider world economy and global asset markets," he added.The data was the first in a string of economic figures this week ...

Oil prices down in Asian trade SINGAPORE: Oil prices eased in Asian trade Monday as dealers await the US Federal Reserve's decision on whether to raise interest rate following a mixed August jobs report, analysts said. US benchmark West Texas Intermediate for October delivery fell 35 cents to $45.70 while Brent crude for October eased 38 cents to $49.23 in mid-morning trade. The US Labor Department said Friday the economy added 173,000 jobs in August, fewer than estimated.However, the previous two ...
Oil dips in Asia after mixed US report SINGAPORE: Oil prices fell in Asia Thursday followed a mixed US petroleum report that showed an increase in reserves but a dip in production.US benchmark West Texas Intermediate for October delivery fell 45 cents to $45.80 while Brent crude for October slipped 38 cents to $50.12 in late-morning trade.Prices turned sharply lower Tuesday and have been edging down since after weak manufacturing data from China and the United States clouded the outlook for demand growth ...
Oil prices extend losses in Asian trade SINGAPORE: Oil prices extended losses in Asia Wednesday as dealers digested weak US and Chinese manufacturing data, while expectations of a bearish US stockpiles report also weighed, analysts said. US benchmark West Texas Intermediate (WTI) for October delivery fell $1.14 to $44.27 while Brent crude for October sank 91 cents to $48.65 in late-morning trade. WTI sank $3.79 and Brent lost $4.59 on Tuesday after China and the United States, the world's top two crude ...
Oil prices tumble in Asia on Chinese data SINGAPORE: Oil prices tumbled in Asia Tuesday, surrendering some of their big gains after fresh data showed manufacturing activity in top energy consumer China contracted in August, analysts said.The contraction in the Purchasing Managers' Index (PMI) for China's factory sector added to concerns about the health of the world's second biggest economy.US benchmark West Texas Intermediate (WTI) for October fell $1.50 to $47.70 and Brent crude for October dropped $1.46 to $52.69 a barrel in ...
Middle East Crude: Dubai hits record volume; DME Oman slumps SINGAPORE: The number of cargoes traded during a pricing process for Middle East crude exports to Asia hit an all-time high in August, traders said on Monday.Chinaoil, the trading arm of PetroChina Co, snapped up a record 36 million barrels over the month,Chinaoil bought 72 cargoes this month during the Platts Dubai Market on Close (MoC) process, of which nearly 70 percent were sold by Unipec, traders said on Monday, surpassing a prior record purchase ...
Middle East Crude: Chinaoil, Mercuria bag 6 more Oman cargoes SINGAPORE: Cash trade in the Middle East crude market accelerated on Friday as sellers sold more cargoes to Chinaoil and Mercuria before the month ends.Six cargoes were sold during the Platts Market on Close (MoC) process, bringing the total for the month to a record 75 cargoes.Chinaoil took five Oman cargoes - three from Unipec and one each from Shell and Vitol, traders said. Shell also sold an Oman cargo to Mercuria, they said.Separately, the ...


Index Closing Chg%
Arrow DJIA 17,812.19 0.11
Arrow Nasdaq 5,102.81 0.01
Arrow S&P 2,089.14 0.12
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Arrow DAX 10,933.99 1.43
Arrow CAC-40 4,820.28 1.41
Arrow Nikkei 19,879.81 0.23
Arrow H.Seng 22,587.63 0.35
Arrow Sensex 25,775.74 0.17

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln