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Consumer Corner: Foreclosure settlement no magic bullet for economy
NEW YORK, July 13 (UPI) -- Crude oil nudged above $60 per barrel on the New York Mercantile Exchange Monday as stocks rallied on Wall Street.
Crude oil prices gained 19 cents from Friday to $60.07 per barrel. Heating oil prices lost 0.0203 cents to $1.5093 per gallon. Reformulated blendstock gasoline lost 0.009 cents to $1.646 per gallon. Natural gas prices dropped 0.017 cents to $3.339 per million British thermal units.
At the pump, the average price for a gallon of regular unleaded gasoline was $2.529 Monday, down from Sunday's $2.537 a 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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WASGHINGTON, D.C., Feb. 13 (UPI) --
Defense industries are weighing the potential impact of proposed defense cuts running into tens of billions of dollars over the next 10 years.
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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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