Join The Discussion

 

New arena at Will Rogers takes shape


The proposed Will Rogers Memorial Center arena continues to take shape as voters head for a Nov. 4 election to decide whether to approve new taxes to help pay for the $450 million facility.

read more >

Fort Worth-based Woodmont plans $80M Hard Rock Hotel retail center

Woodmont Outlets of Fort Worth, an affiliate of The Woodmont Co., has partnered with Cherokee Nation Businesses for a proposed upscale retail development at Hard Rock Hotel & Casino Tulsa.

read more >

Barnett still packs economic punch, study finds

Despite reduced drilling and unstable gas prices, Fort Worth continues reaping the rewards of the Barnett Shale, according to a newly released study by The Perryman Group.7

read more >

Cooking Class: Fort Worth chef brings home the gold

Toques off to Timothy Prefontaine. The executive chef at the iconic Fort Worth Club is currently the best in the nation, according to the American Culinary Federation. Prefontaine earned the title of 2014 U.S.A.’s Chef of the

read more >

Time to make more Do-Nuts in DFW

Shipley Do-Nuts has signed a development agreement with Adkins Development Corp. to accelerate expansion in the Dallas-Fort Worth market.

read more >

Oil down despite China stimulus, supply drop

 

The Associated Press

The price of oil drifted lower Thursday even after China introduced measures to underpin growth and U.S. crude inventories unexpectedly declined.

Benchmark U.S. crude for May delivery was down 50 cents to $99.12 a barrel at 0900 GMT in electronic trading on the New York Mercantile Exchange. The contract shed 12 cents to close at $99.62 on Wednesday.

Brent crude, used to set prices for international varieties of oil, was down 13 cents to $104.66 a barrel on the ICE exchange in London.

China's announcement that it would give bigger tax breaks to small businesses, build social housing and accelerate railway construction is yet to dispel concerns about China's growth momentum. With signs that China's manufacturing has weakened, investors had expected Beijing to unveil stimulus measures.

The U.S. Energy Department said Wednesday the nation's crude oil supply dropped by 2.4 million barrels last week, contrary to the expectations of analysts that the supply increased. It was the first decline in 11 weeks.

In other energy futures trading in New York.

— Wholesale gasoline was flat at $2.867 a gallon.

— Natural gas dropped 1.6 cents to $4.348 per 1,000 cubic feet.

— Heating oil was down 0.5 cent to $2.861 a gallon.

 

< 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?