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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 on hopes of more US jobs, Ukraine crisis


The Associated Press

Oil prices rose Friday as the Ukraine crisis took a new twist and expectations rose for a solid increase in U.S. employment.

Benchmark U.S. crude for April delivery was up 31 cents to $101.87 per barrel at 0720 GMT in electronic trading on the New York Mercantile Exchange. On Thursday, the contract rose 11 cents to close at $101.56. Brent crude, used to set prices for international varieties of crude, was up 21 cents to $108.31 per barrel on the ICE exchange in London.

The U.S. government will release February employment figures later Friday. Hopes for a strong report were boosted after the Labor Department said Thursday that the number of people who filed for jobless benefits fell last week to the lowest level in three months.

The unemployment claims report was one of the first bits of good news investors have had on the economy after weeks of data that showed the U.S. recovery slowing because of the severe winter.

Tension over Russia's military incursion into Ukraine's Crimean peninsula also underpinned oil prices.

Ukraine lurched toward breakup as lawmakers in Crimea unanimously declared they wanted to join Russia and would put the decision to voters in 10 days.

The U.S. moved to impose financial sanctions and travel restrictions on opponents of Ukraine's new government and the European Union also announced limited punitive measures against Russia including the suspension of trade and visa talks. Both Washington and the EU said they were discussing further sanctions.

In other energy futures trading on Nymex:

— Wholesale gasoline was up 0.2 cent at $2.947 per gallon.

— Heating oil added 0.6 cent to $2.989 per gallon.

— Natural gas dipped 2.3 cents to $4.639 per 1,000 cubic feet.

 

 

 

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