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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, Oct. 10 (UPI) -- U.S. crude oil prices closed higher Wednesday as traders focused on data expected to show declines in U.S. gasoline and heating oil supplies.
Crude prices rose for the second consecutive session on the New York Mercantile Exchanges, adding $1.04 and closed at $81.30 a barrel.
"Forecasts for colder U.S. winter weather, along with concerns over relatively low inventory levels brought buyers into the spotlight again, and from here, focus will shift to the Thursday release of weekly ... inventory data," analysts at Action Economics told MarketWatch.
Three other energy commodities also closed higher.
Natural gas also finished up, closing at $7.0100 per million British thermal units, a change of $0.1470 cents. The per-gallon price for home heating oil finished at $2.2172, an increase of $0.0319 cents.
Gasoline ended the session up $0.0134, closing at $2.0336.
No change was reported at the gas pump Wednesday. The AAA Fuel Gauge Report indicated the price for a gallon of unleaded gas was $2.765, the same as Tuesday.
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GENEVA, Switzerland, Feb. 13 (UPI) --
People n the Palestinian territories don't have their most basic needs met because of an Israeli blockade, a U.N. human rights official said.
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MCLEAN, Va., Feb. 13 (UPI) --
The U.S. Department of Defense and the U.S. Air Force are to receive support services from SAIC under separate contracts.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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