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More to U.S. oil than North Dakota, EIA says


NEW YORK, April 19 (UPI) -- Crude oil prices held to less than $103 per barrel Thursday in New York as the government said U.S. stockpiles rose in the latest weekly report.
Inventories rose by 3.9 million barrels in the week to 369 million.
West Texas Intermediate crude oil for May delivery added 32 cents in late trading on the New York Mercantile Exchange to $102.59 per barrel.
Home heating oil prices shed 0.06 cents to $3.1243 per gallon. Reformulated blendstock gasoline gained 0.71 cents to $3.1229 per gallon.
Natural gas prices added 0.4 cents to $1.911 per million British thermal units.
At the pump, the national average price of unleaded gasoline dropped to $3.891 per gallon Thursday from Wednesday's $3.899, AAA said.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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MANILA, May 24 (UPI) --
The Philippines is determined to spend $1.8 billion on military upgrades -- mostly naval -- to protect the country against "bullies" in its territorial waters.
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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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