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Beef recall announced over E. coli fears
NEW YORK, March 13 (UPI) -- Crude oil prices held above to $92 per barrel Wednesday on the New York Mercantile Exchange as oil supplies rose in the week.
The Energy Information Administration said commercial crude oil inventories rose by 2.6 million barrels in the week to 384 million barrels.
West Texas Intermediate crude oil for April delivery dropped 21 cents to $92.52 per barrel. Gasoline lost 2.88 cents to settle at $3.129 a gallon.
Home heating oil lost 3.4 cents to reach $2.922 a gallon.
Natural gas added 3.6 cents to hit $3.673 per million British thermal units.
At the pump, the national average price for a gallon of regular unleaded gasoline rose from Tuesday's $3.703 per gallon to $3.706, 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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