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Oil prices mixed, eyes on Ukraine crisis SINGAPORE: Oil prices were mixed in Asian trade Tuesday as investors cautiously watch events in Ukraine, with western powers threatening sanctions against Russia for its military intervention in the region.The United States said it had suspended defence cooperation with Russia and the UN Security Council began a meeting on the crisis.US benchmark West Texas Intermediate (WTI) for April delivery, eased 23 cents to $104.69 in afternoon trade on profit-taking as after hitting its highest levels this year in New York on Monday.Brent North Sea crude for April gained two cents to $111.22 in volatile trade that saw the contract's price see-sawing throughout the day.Producing more than 10 million barrels a day in January, Russia vies with Saudi Arabia as the world's largest crude oil producer, and is the second-largest producer of natural gas.More than 70 percent of its gas and oil exports to Europe pass through Ukraine."The Ukraine event is ...

Brent holds above $111 as tensions over Ukraine crisis rise SINGAPORE: Brent crude held above $111 on Tuesday, at its highest levels since the end of last year, as tensions over Russia's military intervention in Ukraine rattled global markets and stoked fears of energy supply disruption to Europe. US oil hit a 5-1/2-month high on Monday after Russia invaded Ukraine's autonomous Crimea region at the weekend, and the United States and the European Union have threatened sanctions if Moscow does not withdraw its troops. April ...
Oil prices surge as Ukraine mobilises army SINGAPORE: Oil prices surged in Asian trade Monday as Ukraine's Western-backed government mobilised the army with Russia poised to invade.New York's main contract, West Texas Intermediate (WTI) for April delivery, gained $1.14 to $103.73 in afternoon trade, and Brent North Sea crude for April jumped $1.62 to $110.69.Lawmakers in Moscow voted Saturday to allow President Vladimir Putin to send troops into Crimea, a predominantly Russian-speaking peninsula in the southeast of Ukraine following the ouster of ...
Russia Feb oil output down to 10.58mn bpd MOSCOW: Russian oil production fell to 10.58 million barrels per day in February from 10.62 million barrels per day a month earlier, Energy Ministry data showed on Sunday. In tonnes, Russian oil output reached 40.407 million in February, versus 44.903 million in January. Russian gas production in February was at 57.780 billion cubic metres, or 2.06 billion cubic metres per day, versus 2.12 billion cubic metres in January. Saudi Arabia, the world's second-largest oil producer ...
TonenGeneral Kawasaki cracker on fire, refining normal elsewhere TOKYO: Japanese oil refiner TonenGeneral Sekiyu KK said several workers were injured when a fire broke out on Saturday in the residue hydrocracking unit of its Kawasaki plant near Tokyo, but that other refining units were operating normally. The fire originated from the reactor of the 31,000 barrel per day hydrocracking unit during cleaning work at around 0440 GMT, the company said in a statement. The unit, which processes low-priced heavy oil into lighter products ...
Oil prices down in Asian trade SINGAPORE: Oil prices fell further in Asian trade Friday owing to concerns over soft US economic data and the unfolding crisis in Ukraine.New York's main contract, West Texas Intermediate (WTI) for April delivery, eased 42 cents to $101.98 in afternoon trade, while Brent North Sea crude for April slid 19 cents to $108.77.WTI fell 19 cents while Brent slid 56 cents in closing deals Thursday.US data Thursday showed first-time claims for unemployment insurance benefits, a ...
Oil prices down in Asian trade SINGAPORE: Oil prices fell further in Asian trade Friday owing to concerns over soft US economic data and the unfolding crisis in Ukraine.New York's main contract, West Texas Intermediate (WTI) for April delivery, eased 36 cents to $102.04 in mid-morning trade, while Brent North Sea crude for April slid nine cents to $108.87.WTI fell 19 cents while Brent slid 56 cents in closing deals Thursday.US data Thursday showed first-time claims for unemployment insurance benefits, a ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
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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