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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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| Additional Business News Stories | |
WICHITA, Kan., June 19 (UPI) --
A pipeline company said it was examining shipper interest for a proposed pipeline to carry 250,000 barrels of oil per day from North Dakota.
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SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
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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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