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Britain weighing gasoline price-fixing probe of BP, Shell, Statoil
NEW YORK, May 25 (UPI) -- Oil prices moved slightly higher Friday but held just below $91 a barrel of crude on positive U.S. consumer sentiment.
The price of West Texas Intermediate for July delivery rose 20 cents to $90.86 per barrel.
Natural gas for June delivery lost 7.9 cents to $2.568 per million British thermal units.
Home heating oil added 0.47 cents to $2.8266 per gallon.
RBOB gasoline futures for June delivery were up .0164 cents to $2.8970 per gallon.
At the pump, the national average price of unleaded gasoline dropped 1 cent to $3.666 per gallon from Thursday's $3.676, AAA said.
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| Additional Business News Stories | |
BUENOS AIRES, May 21 (UPI) --
To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
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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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