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Saab upgrading bid for Brazil FX-2 contest
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 | |
BRUSSELS, May 22 (UPI) --
The European Union will carefully weigh the risks of shale gas development this year but also needs to stem high energy prices, the EU's energy chief says.
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SANTIAGO, Chile, May 21 (UPI) --
More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
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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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