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More to U.S. oil than North Dakota, EIA says
NEW YORK, Aug. 14 (UPI) -- Crude oil held near $93 per barrel Tuesday on the New York Mercantile Exchange, with price support coming from supply worries.
Tension in the Middle East and predictions of lower North Sea production in September are propping up prices. Traders also expect an inventory draw in Wednesday's weekly U.S. crude oil inventory report.
West Texas Intermediate crude oil in New York added 49 cents to $93.21 per barrel. The natural gas price was 1.3 cents lower in late trading at $2.821 per million British thermal units.
Home heating oil was off 0.4 cents at $3.03 per gallon.
Reformulated blendstock gasoline shed 0.4 cents to reach $3.001 a gallon.
At the pump, the average price for a gallon of regular unleaded gasoline was $3.702 Tuesday, up from $3.696 Monday, AAA reported.
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HAIFA, Israel, May 23 (UPI) --
The reported delivery of supersonic Russian anti-ship missiles to Syria heightened Israeli concerns about protecting its offshore gas fields.
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TUCSON, May 23 (UPI) --
Raytheon has received approval from the U.S. Defense Acquisition Board for full-rate production of the Standard Missile-6.
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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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