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More to U.S. oil than North Dakota, EIA says
NEW YORK, Feb. 26 (UPI) -- The price of a barrel of crude oil held at more than $92 per barrel Tuesday after the week in equity markets started with a thud on Wall Street.
Major stock indexes dropped at least 1.5 percent Monday on Wall Street. The dollar gained strength, which also pressured oil prices.
On the New York Mercantile Exchange, West Texas Intermediate crude oil for April delivery added 70 cents to $92.79 per barrel. Gasoline prices on the exchange dropped 1.47 cents to $3.2188 per gallon.
Heating oil shed 3.31 cents to $3.0355 per gallon. Natural gas lost 1.5 cents to hit $3.451 per million British thermal units.
At the pump, the national average price for a gallon of regular unleaded gasoline rose from Monday's $3.777 to $3.782 per gallon, the AAA Daily Fuel Gauge Report said.
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MOSCOW, May 24 (UPI) --
Russia's decision to suspend its use of an Azerbaijani oil pipeline isn't the result of political tensions, Foreign Minister Sergei Lavrov says.
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MANILA, May 24 (UPI) --
The Philippines is determined to spend $1.8 billion on military upgrades -- mostly naval -- to protect the country against "bullies" in its territorial waters.
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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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