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Crude oil pushes toward $96
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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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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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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