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Crude oil pushes toward $96
NEW YORK, April 7 (UPI) -- Crude oil for May delivery settled in New York with prices falling under $86 per barrel.
The price of May delivery lost $1.13 from a prior settlement to $85.75 per barrel on the New York Mercantile Exchange with the dollar index down 0.3 percent. Front-month contract heating oil futures for May delivery lost 0.0296 cents to $2.2387 per gallon. Reformulated gasoline blendstock dropped 0.0383 cents to $2.31 per gallon. Henry Hub natural gas prices shed 0.084 cents to $4.012 per million British thermal units.
At the pump, the national average price for a gallon of unleaded gasoline rose to $2.844 per gallon Wednesday from Tuesday's $2.83, AAA said.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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