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GM to recall 231,000 vehicles with fire hazard
NEW YORK, Sept. 17 (UPI) -- Crude oil prices dropped to $97 a barrel Monday, giving up more than $2 after Washington formally accused China of subsidizing its auto industry.
The case filed with the World Trade Organization rattled commodity markets as traders feared that an escalating trade war was on the way.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for October delivery, which had finished at $98.97 Friday and started Monday morning at $99.31, closed the day at $96.95 per barrel.
Natural gas traded up and down, adding 1 penny in after-hours trading to $2.878 per million British thermal unit.
Home heating oil shed 0.28 cents to $3.1606 per gallon. Reformulated blendstock gasoline added 1.13 cents to $2.9546 per gallon.
At the pump, the average price for a gallon of regular unleaded gasoline was $3.862 per gallon, down from Sunday's $3.864, AAA reported.
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LONDON, June 19 (UPI) --
An oil company working in northern Iraq said Wednesday it was looking to confirm the region may be one of the best in the world in terms of resource potential.
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PARIS, June 18 (UPI) --
Engine-maker Pratt & Whitney has announced delivery of its 100th F135 propulsion system to the U.S. government for the F-35 Lightning II fighter.
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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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