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Beef recall announced over E. coli fears
NEW YORK, Dec. 27 (UPI) -- Crude oil prices slid to less than $91 per barrel Thursday in New York but were in the upper half of the recent trading range with support from a winter storm.
The first winter storm in the U.S. Northeast blanketed the region with snow and ensured demand for heating oil for the near term. Weather forecasts indicate the cold spell will remain for a while.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for February delivery gave up 25 cents to $90.73 per barrel. Home heating oil for February added 0.48 cents to $3.0405 a gallon. Reformulated blendstock gasoline shed 1.17 cents to $2.7768 a gallon.
Natural gas prices lost 0.58 cents to $3.367 per million British thermal units.
At the pump, AAA reported the national average price for regular unleaded gasoline hit $3.261 per gallon, up from Wednesday's $3.247.
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ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
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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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