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Oil prices slide further LONDON: Global oil prices fell further on Monday on concern about an escalation of the Ukraine crisis after the downing of a Malaysian airliner last week, analysts said.Investors were also eyeing developments in the Middle East after Israel launched a ground offensive against Hamas militants in Gaza, fuelling worries about crude supplies from the oil-rich region.Brent North Sea for delivery in September fell 30 cents to $106.94 a barrel in London midday deals.New York's benchmark West Texas Intermediate for August reversed 18 cents to $102.95 per barrel from Friday's closing level."Investors ... remain engaged to the unfolding situation between Ukraine, Russia and the West, as well as the ongoing Israeli ground assault of Gaza," said Sucden analyst Kash Kamal.Desmond Chua, an analyst with CMC Markets in Singapore, added that investors are awaiting further news on whether the shooting down of the plane over Ukraine's airspace last week was carried out ...

European shares led lower by Germany's DAX, sensitive to Ukraine crisis EDINBURGH: European stocks fell on Monday, hit by a drop in German stocks as sensitivity to tension in Ukraine mounted.German blue chip stocks underperformed, with the DAX down 0.4 percent, as fighting erupted in the rebel-held city of Donetsk.Risk-sensitive shares in the travel and leisure and autos and parts sectors, both down 1 percent, have been under pressure since Thursday, after the Malaysian passenger plane was shot down over Ukraine.Some in the West are calling ...
Oil steadies around $107 after Iran talks extended LONDON: Brent crude oil steadied around $107 a barrel on Monday after world powers extended talks with Iran and eased sanctions on the Islamic republic slightly, opening the possibility of an eventual deal and further Iranian oil sales.Iran and six world powers failed to meet a July 20 deadline for a settlement over Tehran's atomic activities, but held out hope of an eventual agreement by extending the negotiations for four more months.The U.N. nuclear watchdog ...
UK gas prompt prices edge lower on robust supply LONDON: Prompt natural gas prices in Britain edged lower on Monday morning as robust supply led to a largely balanced system and as fears subsided of disruptions in Russian gas supplies to Europe.Gas prices for within-day delivery were trading at 37.45 pence ($0.64) per therm at 0903 GMT, down 0.65 pence on Friday's close. Prices for Tuesday delivery were down 0.25 pence at 37.50 pence per therm.With supply flows at about 169.5 million cubic metres ...
Croatia launches oil, gas exploration tender ZAGREB: Croatia on Friday launched an international tender for oil and gas exploration in the east of the country that would hopefully bring investments to revive its sluggish economy.The tender follows the one launched by the European Union's newest member in April, for exploration and drilling for oil and gas reserves in the Adriatic, which raised concerns of environmental groups in the tourism-oriented country.A total of six exploratory areas in the Drava and Sava rivers ...
Shell abandons Qatar gas well LONDON: Royal Dutch Shell said on Friday that exploration of its majority-owned QSD-1 natural gas well in Qatar did not reveal commercial volumes.The oil and gas major said that it remains committed to future plans in the gas-rich Gulf producer. The well "reached total depth as planned; however, it did not encounter commercial volumes of hydrocarbons," Shell said in a statement. The QSD-1 project is 75 percent owned by Shell and 25 percent owned by ...
Oil pushes above $108 on downed airliner, Gaza LONDON: Brent crude oil climbed above $108 a barrel on Friday, extending sharp gains on heightened geopolitical risk after the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza. News of the crash of the Malaysian plane came a day after the United States imposed sanctions on Russia's biggest firms after what Washington sees as Moscow's failure to curb violence in Ukraine. Oil prices on both sides of ...

 



 
Index Closing Chg%
Arrow DJIA 17,051.73 0.28
Arrow Nasdaq 4,424.70 0.17
Arrow S&P 1,973.63 0.23
Arrow FTSE 6,728.44 0.31
Arrow DAX 9,612.05 1.11
Arrow CAC-40 4,304.74 0.71
Arrow Nikkei 15,215.71 1.01
Arrow H.Seng 23,387.14 0.29
Arrow Sensex 25,715.17 0.29





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln