Join The Discussion

 

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

read more >

Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

read more >

Oil above $92 as US cold snap continues


The Associated Press

The price of oil rose slightly Thursday as expectations of greater use of heating oil during extreme cold weather in North America offset signs of weak demand for gasoline.

Benchmark U.S. oil for February delivery was up 30 cents to $92.63 a barrel at 0830 GMT in electronic trading on the New York Mercantile Exchange.

The contract fell $1.34 to $92.33 on Wednesday after the U.S. Energy Department said supplies of gasoline rose by 6.2 million barrels last week, a jump of nearly 3 percent. Platts, the energy information arm of McGraw-Hill, said the data indicated that demand for gasoline was the lowest in a year.

Prices recovered a bit Thursday as the record-breaking cold affecting the northern U.S. boosted demand for heating oil.

Brent crude, used to set prices for international varieties of crude, was up 36 cents to $107.54 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline was up 1.2 cents at $2.668 a gallon.

— Natural gas fell 5.4 cents to $4.162 per 1,000 cubic feet.

— Heating oil was up 1.2 cents to $2.961 a gallon.

 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?