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Snapple co-founder dies at 85
NEW YORK, Oct. 4 (UPI) -- Crude oil prices jumped past $91 per barrel Thursday in a correction from the previous session's sharp downturn.
Crude oil dropped nearly $4 Wednesday after key business indexes showed activity slowing in China's and Europe's service sectors.
That looked to be an overreaction by Thursday morning, especially after the Energy Information Administration said U.S. inventories were down by 3.6 million barrels in the week.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for November delivery added $3.48 or 3.95 percent to $91.62 per gallon. Natural gas prices gained 0.02 cents, 0.62 percent, to $3.416 per million British thermal units. Home heating oil added 11.02 cents to $3.1766 per gallon. Reformulated blendstock gasoline gained 13.35 cents to $2.933 per gallon.
At the pump, the average price for a gallon of regular unleaded gasoline was $3.784 per gallon, up from Wednesday's $3.782, 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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GATINEAU, Quebec, May 24 (UPI) --
The Canadian government has issued two questionnaires to industry for information on the price of aircraft to replace its CF-18 fighters.
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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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