Join The Discussion

 

UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

read more >

Great Women of Texas honored

The Fort Worth Business Press held the Great Women of Texas event Wednesday night at the Omni Fort Worth Hotel. Stacie McDavid of McDavid Investments was honored as the

read more >

Clip art: Cutting edge barbershop creates a buzz in Fort Worth

Jonathan Morris is on a mission to create a better grooming experience for men.

read more >

Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

read more >

Great Woman of Texas; Stacie McDavid

“I’ve always been a maverick in a number of ways,” says businesswoman and philanthropist Stacie McDavid.

read more >

Oil price eases following Russia sanctions 


The Associated Press

BEIJING (AP) — The price of oil fell back below $101 on Wednesday as investors shrugged off the impact of new sanctions on Russia for its role in the Ukraine crisis.

Benchmark U.S. crude for June delivery shed 82 cents to $100.46 per barrel on the New York Mercantile Exchange after climbing to $101.28 in the previous session.

Brent crude, an international benchmark used to price oil used by many U.S. refineries, shed 28 cents to $108.70 in London.

New sanctions by Washington and the European Union on a group of Russian officials, executives and companies turned out not to be as severe as feared, with no public companies or major sectors of the economies affected.

Investors were looking ahead to U.S. job data due out Wednesday from payroll processing company ADP and the government's unemployment report on Friday.

In other energy futures trading on Nymex:

— Wholesale gasoline declined 6 cents to $3 per gallon.

— Heating oil added one cent to $2.96 a gallon.

— Natural gas shed one cent to $4.82 per 1,000 cubic feet.

 

 

 

 

< back

Email   email
hide
Midterms
What was the message of the midterm elections?