Oil prices steady as traders await U.S. supply figures releaseOctober 21, 2013 - 10:21 AMT PanARMENIAN.Net - Oil bobbed near $101 a barrel Monday, Oct 21, as traders waited for the release of U.S. supply figures that were delayed by the government shutdown, the Associated Press reports. Benchmark crude was unchanged $100.81 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 14 cents Friday, lifted by an improvement in China's quarterly economic growth. Data on U.S. crude and fuel stockpiles is due for release later Monday and on Wednesday. The Energy Information Administration said it will release data for the week ended Oct. 11 on Monday. That supply report was postponed due to the government shutdown. The supply report for last week will be released Wednesday. Brent crude, the international benchmark, was down 3 cents to $109.91 a barrel on the ICE Futures exchange in London. Related links: Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |