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Drones over U.S. may pose security risks
NEW YORK, March 17 (UPI) -- Crude oil prices closed in on $83 per barrel Wednesday after a sharp run-up boosted by the U.S. Federal Reserve's interest rate decision.
The Fed on Tuesday said it would maintain "exceptionally low" interest rates of zero to 0.25 percent "for an extended period." The announcement pumped quick action in commodity markets with crude oil gaining more than $2.25 in late-afternoon trading.
Prices wavered overnight, then regained momentum Wednesday. April delivery of light, sweet crude added $1.20 to a recent settlement to reach $82.90 per barrel. Heating oil prices picked up 0.0252 cents to reach $2.1395 per gallon on the New York Mercantile Exchange. Reformulated gasoline blendstock prices rose 0.03 cents to $2.305 per gallon. Henry Hub natural gas prices shed 0.052 cents to $4.295 per million British thermal units.
At the pump, the national average price of unleaded gasoline rose to $2.789 per gallon Wednesday, up from Tuesday's $2.787, AAA said.
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ANKARA, Turkey, Feb. 10 (UPI) --
A technical glitch that halted natural gas flows from Azerbaijan and Iran into Turkey this week has been fixed, Turkish Energy Minister Taner Yildiz says.
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ISLAMABAD, Pakistan, Feb. 10 (UPI) --
The last three of 18 new and upgraded F-16 fighter jets from the United States arrived in Pakistan, a report by the Indo-Asian News Service said.
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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....
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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.
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