Join The Discussion

 

RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

read more >

Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

read more >

20 from Dallas-Fort Worth on Forbes wealthiest list

There are 20 Dallas-Fort Worth residents listed among the 400 richest Americans, according to the Forbes 400 list of The Richest People in America 2014.

read more >

Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

read more >

Texas Wesleyan acquires two strip shopping centers on East Rosedale

Texas Wesleyan University has purchased two strip shopping centers on East Rosedale Street across from its Southeast Fort Worth campus, the university’s president said Friday.

read more >

Oil, natural gas extend gains on US winter storm


The Associated Press

SEOUL, South Korea (AP) — The prices of oil and natural gas extended gains Thursday in Asia as a winter storm that slammed the U.S. and slower-than-expected supply growth raised expectations for higher energy demand.

Benchmark U.S. crude for March delivery was up 23 cents to $97.61 a barrel at 0745 GMT in electronic trading on the New York Mercantile Exchange. The contract added 19 cents to close at $97.38 on Wednesday.

More than a million homes and businesses were left in darkness and cold on Wednesday in the U.S. Northeast after snow, sleet and freezing rain hit the region. Some states saw around a foot of snow.

Earlier in New York, natural gas rocketed to a new four-year high before falling back as cold temperatures were expected to increase demand for heating fuels.

A report from the Energy Department showed that supplies of crude oil rose much less than analysts expected last week, adding upward pressure to oil prices.

Brent crude, a benchmark for oil sold internationally, was up 12 cents at $106.37 on the ICE exchange in London.

In other energy futures trading on Nymex:

— Wholesale gasoline edged up 0.8 cent to $2.649 a gallon.

— Heating oil fell 0.6 cent to $2.991 a gallon.

— Natural gas rose 18.7 cents to $5.217 per 1,000 cubic feet.

 

< back

Email   email
hide
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?