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Beef recall announced over E. coli fears
NEW YORK, Feb. 15 (UPI) -- Crude oil prices slipped to about $96 a barrel Friday in New York with traders concerned about slack demand reflected in economic data from Europe.
The data gave a boost to the U.S. dollar, which is a bearish factor for commodities priced in dollars.
On Friday, the dollar index, a pro-rated measure of the dollar compared with six major currencies, added 0.19 percent to 80.53.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for March delivery gave up $1.35 to $95.97 per barrel.
Reformulated blendstock gasoline gained 1.79 cents to $3.1345 per gallon. Heating oil was down a penny to $3.21 per gallon.
Natural gas was steady at $3.16 per million British thermal units.
At the pump, the national average price of unleaded gasoline rose to $3.643 per gallon from Thursday's $3.628 per gallon, AAA said.
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ERBIL, Iraq, June 19 (UPI) --
Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region that increasingly operates as a de facto independent state and France's Total buying a majority stake in another.
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RIYADH, Saudi Arabia, June 19 (UPI) --
Britain's BAE Systems, Europe's biggest defense company, reportedly expects to wrap up a price deal with Saudi Arabia for 72 Eurofighter Typhoon combat jets after two years of tortuous negotiations.
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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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