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Britain weighing gasoline price-fixing probe of BP, Shell, Statoil
NEW YORK, May 1 (UPI) -- The price of crude oil topped $106 per barrel Tuesday, then settled, as stocks on Wall Street closed higher, but lost early momentum in late trading.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for June delivery peaked at $106.03 per barrel before sliding modestly to $105.85. Natural gas added 0.3 cents in late trading to $2.374 per million British thermal units.
Home heating oil was up 2.9 cents to $3.18 per gallon.
Gasoline, also up 2.9 cents, hit $3.10.
At the pump, the national average price of unleaded gasoline dropped to $3.809 per gallon from Monday's $3.816, AAA said.
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BUCHAREST, Romania, May 21 (UPI) --
Governments in central and southern Europe issued a joint declaration from Romania expressing support for the planned Nabucco natural gas pipeline.
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MUSCAT, Oman, May 21 (UPI) --
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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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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