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More to U.S. oil than North Dakota, EIA says
NEW YORK, Jan. 28 (UPI) -- The price of crude oil pushed slightly higher Monday, adding 44 cents to $96.50 per barrel in New York.
On the New York Mercantile Exchange, West Texas Intermediate crude oil found support from a strong gain in durable goods orders in December and a solid gain in capital goods investment. The price failed to spike, however, an indication pricing has already accommodated the upbeat data.
Gasoline added 4.62 cents to $2.9313 a gallon. Home heating oil shed 0.9 cents to $3.0499 a gallon.
Natural gas lost 13.7 cent to $3.308 per million British thermal units.
At the pump, AAA reported the national average retail price for regular unleaded gasoline rose to $3.349 per gallon from Sunday's $3.347.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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MANILA, May 24 (UPI) --
The Philippines is determined to spend $1.8 billion on military upgrades -- mostly naval -- to protect the country against "bullies" in its territorial waters.
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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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