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New rules for olive oil in Europe
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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LONDON, May 20 (UPI) --
British investigators say they are "urgently reviewing" whether to join a European Union probe of three oil companies for alleged gasoline price-fixing.
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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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