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Snapple co-founder dies at 85
NEW YORK, Jan. 23 (UPI) -- The price of crude oil slipped under $96 Wednesday, dropping on the International Monetary Fund's release of a forecast for slower global growth.
Gains in equities and a weak dollar are supporting prices, but the IMF released fresh projections for 2013, which was little changed around the globe from its October prediction -- except in the eurozone, which is now expected to contract slightly this year.
By the end of the session, oil had dropped 93 cents to reach $95.67 a barrel on the New York Mercantile Exchange.
Gasoline added 3.31 cents to $2.8521 a gallon.
Home heating oil dropped 0.21 cents to $3.06 a gallon.
Natural gas gained 0.2 cent to $3.572 per million British thermal units.
At the pump, AAA reported the national average price for regular unleaded gasoline rose to $3.316 per gallon from Tuesday's $3.31.
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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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ARLINGTON, Va., May 24 (UPI) --
BAE Systems has received a two-year contract extension from the U.S. Army Space and Missile Defense Command to support its Future Warfare Center.
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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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