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Gallup: Family of four needs an average $58,000 a year
NEW YORK, June 14 (UPI) -- Crude oil prices climbed above $84 Thursday on news the OPEC oil cartel would keep production quotas unchanged.
Members of the Organization of Petroleum Exporting Countries met in Vienna Thursday and cited predictions of weak increases in demand and current stock levels for keeping their collective quota at 30 million barrels per day.
In New York, West Texas Intermediate crude oil for July delivery added $1.75 to reach $84.33 per barrel. Natural gas added 1.7 cents to hit $2.512 per million British thermal units.
Home heating oil gained 0.22 cents to $2.63 per gallon.
Gasoline moved higher, adding 0.66 cents to reach $2.683 a gallon.
At the pump, the national average price of unleaded gasoline fell to $3.532 per gallon from Wednesday's $3.539, AAA said.
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TEHRAN, May 21 (UPI) --
Iran will invest $16 billion in development of the offshore South Pars gas complex over the next 10 months, a natural gas company director said.
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RIO DE JANEIRO, May 20 (UPI) --
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
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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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