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Drones over U.S. may pose security risks
NEW YORK, Dec. 11 (UPI) -- Crude-oil futures fell Friday for an eighth straight session, the longest losing streak in more than six years.
The better-than-expected U.S. retail sales and consumer sentiment data boosted the dollar and raised the prospect of a healthy season for the industry and consumers alike. But it had an opposite effect on commodities priced on the U.S. currency and erased oil's gains from earlier in the session.
Crude oil for January delivery ended down 67 cents, or 0.9 percent, at $69.87 a barrel on the New York Mercantile Exchange. The eight-session losing streak is the longest since October 2003.
In other energy trading Friday, January gasoline fell 2.22 cents, or 1.2 percent to $1.8351 a gallon. Heating oil added rose slightly to $1.9085 a gallon, and natural gas sank 13.5 cents, or 2.5 percent, to $5.163 per million British thermal units.
At the pump, the national average price of unleaded gasoline was $2.623 per gallon Friday, down from Thursday's $2.629, 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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