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Super PAC Men: How political consultants took a Fort Worth oilman on a wild ride

The head of a Texas oil dynasty joined the parade of wealthy political donors, aiming to flip the Senate to Republicans. By the time consultants were done with him, the war chest was drained and fraud allegations were flying

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Bon Appétit: New French restaurant dishes out the finest in Fort Worth

Barely open six months, Le Cep, a contemporary French restaurant proffering fine dining, is stirring up Fort Worth’s culinary scene.

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Bombay Co.'s former HQ building purchased

The Bombay Co.’s former Fort Worth headquarters building has been sold, with private equity fund Diversified International Partners snapping up the seven-story, 122,828-square-foot structure at 550 Bailey St.

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Latin-inspired restaurant set to open in downtown Fort Worth

Downtown Fort Worth’s dining scene is about to get spicier with the opening of a new restaurant featuring Latin-inspired coastal cuisine.

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Amazon begins Prime Now program in Dallas area

If you just have to have it now, as in one hour, you can, at least in the Dallas area, as Amazon.com Inc. announced Thursday it will offer Prime Now.

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Oil rises above $94 ahead of OPEC meeting

KUALA LUMPUR, Malaysia (AP) — The price of oil extended gains to rise above $94 a barrel Tuesday, ahead of an OPEC meeting and bolstered by encouraging manufacturing data from the world's top two economies.

Benchmark U.S. crude for January delivery was up 29 cents to $94.11 a barrel at midafternoon Kuala Lumpur time on the New York Mercantile Exchange. The contract added $1.10 to close at $93.82 on Monday.

Investors are looking to a meeting of the Organization of Petroleum Exporting Countries in Vienna on Wednesday for an update on production levels.

Analysts at JBC Energy in Vienna estimate that OPEC's crude output fell to 29.44 million barrels a day in November, the lowest since May 2011 and the third straight month with output below 30 million. Most of the difference was attributed to production and export snags in Libya, where political volatility and the effects of the 2011 civil war continue to affect the oil industry.

Oil prices were also buoyed by fresh data pointing to steady manufacturing growth in the U.S. and China.

U.S. manufacturing grew in November at the fastest pace in 2 1/2 years as factories ramped up production, stepped up hiring and received orders at a healthy clip. Manufacturing activity has now expanded for six straight months after hitting a rough patch in the spring, suggesting that growth was solid in the October-December quarter.

Chinese manufacturing also continued to grow slightly last month, two surveys showed, in evidence that a recovery in the world's No. 2 economy was continuing, albeit at a modest pace.

Brent crude, a benchmark for international oils, was flat at $111.45 a barrel on the ICE Futures exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was little changed at $2.678 a gallon.

— Heating oil was steady at $3.05 a gallon.

— Natural gas fell 0.7 cent to $3.981 per 1,000 cubic feet.

 

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