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More to U.S. oil than North Dakota, EIA says
NEW YORK, Nov. 13 (UPI) -- Crude oil prices gave up 19 cents Tuesday, slipping to $85.38 a barrel on the New York Mercantile Exchange, down 0.22 percent.
Traders were digesting news EU officials were still debating how to allow Greece the next disbursement of an international loan. The Greek Parliament, meanwhile, passed a new round of austerity measures during the weekend.
To balance that out, equities were down broadly in Asia and Europe.
In commodity trading in New York, gasoline prices shed 2.25 cents to $2.6538 a gallon.
Home heating oil gave up 2.84 cents to $2.9608.
Natural gas prices rose to $3.74 per million British thermal units, the price pulling away from Monday's drop, which was prompted by an Energy Information Administration report that pegged natural gas supplies at an 11-month high.
At the pump, the national average price of unleaded gasoline rose to $3.44 per gallon from Monday's $3.437, AAA said.
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| Additional Business News Stories | |
WASHINGTON, May 23 (UPI) --
U.S. President Barack Obama was the last obstacle to getting the Keystone XL oil pipeline built through the country, the chairman of a House committee said.
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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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