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North Sea Brent oil loadings to fall in December LONDON: The North Sea Brent crude oil production stream will load about 116,000 barrels per day (bpd) in December, down from the 140,000 bpd originally planned for November, a trade source said on Thursday. The December programme lists six cargoes of 600,000 barrels each, compared with seven for November. Copyright Reuters, 2014 ...

Danish ship fuel supplier OW Bunker says hit by fraud COPENHAGEN: Danish ship fuel supplier OW Bunker on Thursday said it had been hit by fraud committed by senior employees in its Singapore-based subsidiary, with potential losses of about $125 million."OW Bunker is currently in discussions with the syndicate banks. OW Bunker will inform the market further as soon as possible," the company said in a statement.Copyright Reuters, 2014 ...
Brent oil falls below $82 on weak Chinese and European data LONDON: Brent oil touched a new four-year low on Wednesday, briefly sinking below $82 a barrel after weak Chinese and European data, but U.S. crude rose on strong employment figures and a surprise fall in inventories.Services sector growth in China weakened in October as new business cooled, a private survey showed, coming just days after data revealed sluggish factory growth in the world's second-largest economy.Euro zone business growth picked up less than expected in October ...
Oil prices tumble further before US energy report LONDON: Oil prices sank further Wednesday, with Brent striking another four-year low on the back of the rebounding dollar, as traders awaited US energy stockpiles data.Brent North Sea crude for delivery in December dropped 32 cents to $82.50 a barrel in London midday deals. It had earlier hit a four-year low at $81.63.US benchmark West Texas Intermediate for December slid one cent to $77.18 a barrel compared with Tuesday's closing level."Crude oil prices extended losses... ...
UK gas prices decline after Naftogaz pays first gas debt tranche LONDON: British wholesale gas prices fell on Wednesday after Naftogaz's first debt repayment to Gazprom eased disruption concerns, overshadowing domestic undersupply.Gas for delivery on Thursday (day-ahead) was down 0.30 pence or 0.57 percent at 52.70 pence per therm at 0932 GMT.Further along the curve, December gas was down 0.48 pence at 53.90 pence per therm, and gas for the first quarter next year declined by 0.30 pence to 55.05 pence per therm.Before Russia and Ukraine ...
Oil falls below $82 on weak Chinese and European data LONDON: Brent oil dropped to a new four-year low below $82 a barrel on Wednesday, a fifth straight day of losses, as weak economic data from China and Europe intensified worries about demand as a global supply glut grows.Services sector growth in China weakened in October as new business cooled, a private survey showed, coming just days after data revealed sluggish factory growth in the world's second-largest economy.Euro zone business growth picked up less than ...
Italy's Enel to start Endesa stake sale in coming days MILAN: Italian utility Enel is set to start a process to sell shares in its Spanish unit Endesa in the next few days, a source familiar with the matter said on Tuesday. Enel CEO Francesco Starace has previously said the company could sell up to 22 percent in Endesa to help cut debt and fund investments but added that other options included delisting or doing nothing. Enel declined to comment. Copyright Reuters, 2014 ...

 



 
Index Closing Chg%
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Arrow S&P 2,123.48 0.92
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln