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Existing U.S. home sales rose in April

NEW YORK, Feb. 11 (UPI) -- Crude oil prices jumped close to $97 per barrel Monday on the New York Mercantile Exchange with strong demand prompted by winter weather.
After starting out the day with a drop that took it closer to $95, West Texas Intermediate crude oil for March delivery wound up adding $1.17 from Friday's close to hit $96.94 per barrel.
Reformulated blendstock gasoline lost 2.32 cents to $3.0225 per gallon. Heating oil shed 0.15 cents to $3.231 per gallon.
Natural gas was up 2.5 cents to $3.29 per million British thermal units.
At the pump, the national average price of unleaded gasoline, up for eight consecutive weeks, rose to $3.587 per gallon from Sunday's $3.582 per gallon, AAA said.
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JUBA, South Sudan, May 23 (UPI) --
South Sudan's Foreign Ministry said the Sudanese government was creating problems for the south's oil export potential.
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WELLINGTON, New Zealand, May 23 (UPI) --
New Zealand will boost its defense spending from $318 million last year to $583 million in fiscal 2013 thanks to a payback from austerity measures.
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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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