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Drones over U.S. may pose security risks
NEW YORK, Nov. 18 (UPI) -- Crude oil prices climbed briefly over $80 per barrel overnight, then settled down Wednesday.
After peaking at $80.23 per barrel, December delivery of light, sweet crude hit $79.63 Wednesday. The spike occurred after the American Petroleum Institute said U.S. inventories fell by 4.3 million barrels in the week ending Nov. 13, MarketWatch reported.
"API figures for oil and product inventories were more bullish than initially forecast," wrote market analysts at JBC Energy GmbH.
Heating oil prices lost 0.009 cents Wednesday to $2.0495 per gallon. Reformulated gasoline prices rose 0.0106 cents to $2.0155 per gallon. Natural gas prices shed 0.27 cents to $4.26 per million British thermal units.
At the pump, the national average price of unleaded gasoline was $2.632 per gallon Wednesday, up from Tuesday's $2.627, AAA said.
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BAGHDAD, Feb. 10 (UPI) --
Iran has been plundering oil from southern Iraq, a theft on a grand scale that's helping Tehran withstand sanctions aimed at throttling its oil exports.
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ARLINGTON, Va., Feb. 10 (UPI) --
The United States and Israel have flight tested the Arrow Weapon System to evaluate and verify the missile system's Block 4configuration.
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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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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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