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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Fort Worth minority business receives nationwide grant

Cuevas Distribution Inc., a minority- and woman-owned business in Fort Worth, is one of 20 small businesses nationwide to receive a $150,000 grant from Chase as part of the Mission Main Street program.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Crude oil slightly down ahead of US jobs report


The Associated Press

The price of oil fell slightly Friday as market players readied for the release of a crucial U.S. jobs report.

Benchmark U.S. crude for March delivery was down 16 cents at $97.68 a barrel at 0630 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 46 cents to close at $97.84 a barrel on Thursday, boosted by a positive report on the U.S. labor market and colder temperatures.

Brent crude, used to set prices for international varieties of crude, rose 12 cents at $107.31 a barrel.

"I think the market is waiting for the U.S. non-farm payrolls figure tonight," said Ric Spooner, chief market analyst at CMC Markets in Sydney, Australia. He said market players may be "positioning and book squaring prior to the jobs figure."

With chilly temperatures across the middle of the U.S. and into the Northeast, demand for heating oil remains strong. That should boost refinery demand for crude oil.

Spooner said he did not expect a lot of movement in the oil price if the jobs figure is not too far away from expectations or even a bit away, given the cold weather that has kept oil prices steady over recent weeks.

The Labor Department said Thursday the number of people applying for U.S. unemployment benefits declined 20,000 last week to 331,000, suggesting that Americans are facing fewer layoffs and better job prospects.

In other energy futures trading in New York:

— Wholesale gasoline rose 0.6 cents to $2.689 a gallon.

— Natural gas was down 2.4 cents at $4.955 per 1,000 cubic feet.

— Heating oil price rose 1.1 cents at $3.006 a gallon.

 

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