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Beef recall announced over E. coli fears
NEW YORK, Feb. 22 (UPI) -- The price of a barrel of crude oil held close to $93 per barrel Friday after the European Commission downgraded its eurozone economic forecast.
The commission had predicted the eurozone's economy would grow slightly. The change calls for a slight contraction for 2013.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for April delivery added 34 cents to $93.36 per barrel. Gasoline prices on the exchange added 3.87 cents to $3.2748 per gallon.
Heating oil gained 0.75 cents to $3.1074 per gallon. Natural gas gained 3.5 cents to $3.277 per million British thermal units.
At the pump, the national average price for a gallon of regular unleaded gasoline rose to $3.781 per gallon from Thursday's $3.778, the AAA Daily Fuel Gauge Report 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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