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Saab upgrading bid for Brazil FX-2 contest
NEW YORK, Feb. 4 (UPI) -- Crude oil headed down to near $96 a barrel in New York Monday, with the dollar mixed in Asia and stronger in Europe.
A sharp drop in equities on Wall Street may have signaled the end of a five-week rally, which would damper demand optimism.
West Texas Intermediate crude oil for March delivery gave up $1.64 to $96.13 per barrel on the New York Mercantile Exchange. Reformulated blendstock gasoline lost 3.28 cents to $3.0172 per gallon. Heating oil added 0.03 cents to $3.1603 per gallon.
Natural gas added 2.8 cents to $3.328 per million British thermal units.
At the pump, the national average price of unleaded gasoline rose to $3.523 per gallon from Sunday's $3.514 per gallon, 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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