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NEW YORK, May 7 (UPI) -- Crude oil prices held above $95 per barrel Tuesday on the New York Mercantile Exchange as equities rallied further on Wall Street.
The Dow Jones industrial average of blue-chip stocks closed above 15,000 for the first time Tuesday, emblematic of the recent equity market optimism.
West Texas Intermediate crude oil shed 41 cents to reach $95.56 per barrel.
Gasoline prices lost 5.08 cents to $2.827 a gallon. Home heating oil gained 3.06 cents to $2.9206 a gallon. Natural gas shed 9 cents to $3.927 per million British thermal units.
At the pump, the average price of a gallon of regular unleaded gasoline was $3.521 Monday, up from Sunday's $3.52, the AAA Fuel Gauge Report said.
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WASHINGTON, May 9 (UPI) --
The U.S. government has an obligation to ensure that oil and natural gas deposits are developed responsibly, a natural resource advocate testified.
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CANBERRA, Australia, May 9 (UPI) --
Australia will hold defense spending at $100 billion over four years and remains committed to the purchase of the F-35 Joint Strike Fighter.
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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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