Join The Discussion

 

Bridge collapse on I-35 north of Austin

SALADO, Texas (AP) — Emergency crews are responding to a reported bridge collapse along an interstate in Central Texas.

read more >

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.

read more >

Monty Bennett: Businessman, water district activist

Monty Bennett’s name will not appear on the ballot for the Tarrant Regional Water District board of directors yet he remains a powerful backstage player whose influence could shape the direction of the district’s business for years to come.

read more >

Westchester Plaza manager says "business as usual" for now

The future of a redevelopment plan for the 50-year-old Westchester Plaza on Fort Worth's Near Southside is unclear.

read more >

Texas jobless rate falls as employers add workers

Texas unemployment fell to 4.3 percent during February for the sixth straight month of declines, the Texas Workforce Commission reported Friday.

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
Catch
How 'bout them Cowboys?