Weak economic data from the United State pulls oil prices back from spike that greeted pan-Arab military operations in Yemen. Photo by Pavel L Photo and Video/Shutterstock NEW YORK, March 27 (UPI) — Crude oil prices pulled back Friday from sharp gains triggered by conflict in Yemen as U.S. data show a decline in economic growth in the fourth quarter. The Commerce Department said Friday gross domestic product increased at an annual rate of 2.2 percent in the fourth quarter of 2014. That’s down from the 5 percent increase in GDP during the third quarter. Deceleration in GDP growth in the fourth quarter reflected in part an uptick in imports and a downturn in federal government spending. Corporate profits and related indices decreased $30.4 billion in the fourth quarter, compared with an increase of $64.5 billion in third quarter 2014, the Commerce Department said. The slowdown pressured an economy […]