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Oilmen ready for risky push into Somalia
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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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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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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