1.
Iran shipping line masks 'arms vessels'
NEW YORK, July 2 (UPI) -- Crude oil prices fell sharply to under $67 per barrel on the New York Mercantile Exchange Thursday as increased unemployment rattled hope for a quick recovery.
The U.S. Labor Department said unemployment rose from 9.4 percent to 9.5 percent in June, triggering a sharp downturn in U.S. stock markets.
Crude oil prices fell $2.84 to $66.36 per barrel. Heating oil prices lost 0.067 cents to $1.698 per gallon. Reformulated blendstock gasoline fell 0.078 cents to $1.783 per gallon. Natural gas prices fell 0.141 cents to $3.644 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was $2.629 Thursday, down from Wednesday's $2.63 a gallon, AAA said.
| Additional Business News Stories | |
BEIJING, Feb. 9 (UPI) --
Beijing announced a series of measures aimed at reducing air pollution in the city, specifically targeting a reduction in readings of PM2.5, or fine particulate matter, in the air.
|
MELBOURNE, Fla., Feb. 9 (UPI) --
The U.S. military has awarded contracts to the Harris Corp. and Raytheon for air-to-air missiles and their components.
|
With rental vacancy rates at their lowest levels in 10 years, a review of TransUnion's proprietary rental screening database found that rental prices remained about the same between the fourth quarters of 2010 and 2011....
|
Government officials are on the verge of an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses by lenders.
|
| Stories | Photos | People | Comments |
View Caption
