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Snapple co-founder dies at 85
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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ALGIERS, Algeria, May 24 (UPI) --
Algeria's government is under pressure to ease its foreign energy investment laws after BP warned it may delay important projects in the North African state.
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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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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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