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Auto Outlook: Toyota bullish on U.S. comeback
NEW YORK, Jan. 13 (UPI) -- Crude oil prices rose Tuesday on the New York Mercantile Exchange after several OPEC members said another production cut might be in the offing.
Members of the Organization of Petroleum Exporting Countries agreed to a cut of 2.2 million barrels per day in December and have recently hinted another reduction may be required to keep prices from eroding further, The Wall Street Journal reported.
Crude oil prices gained 92 cents to $38.51 per barrel. Heating oil prices rose 0.0476 cents to $1.52 per gallon. Reformulated blendstock gasoline rose 0.0613 cents to $1.1454 per gallon. Natural gas prices fell 0.342 cents to $5.20 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was unchanged Tuesday at $1.79 gallon, AAA said.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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MELBOURNE, Fla., Feb. 14 (UPI) --
Two frequency-hopping waveforms to enhance the security of tactical communications have been introduced by the Harris Corp. in Florida.
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Compared to whites, greater shares of both black and Hispanic young adults say owning their own home is among their top priorities. While 25 percent of blacks and 26 percent of Hispanics say owning a home is of the highest importance in their lives,...
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President Barack Obama has revealed a budget that, once again, will give the Republican party a chance to show that vitriol is more fun than compromise.
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