Join The Discussion

 

Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

read more >

Dallas-Fort Worth in top five commercial real estate markets in 2015

According to the Emerging Trends in Real Estate 2015 report, just co-published by PwC US and the Urban Land Institute (ULI), Dallas-Fort Worth ranks No. 5, with two other Texas cities, Houston and Austin ranking at No. 1 and 2 respectively. San Francisco ranks No. 3 and Denver No. 4.

read more >

Hulen Pointe Shopping Center sold

Hulen Pointe Shopping Center, located in southwest Fort Worth on South Hulen Street one mile south of Hulen Mall, has been purchased by Addison-based Bo Avery with TriMarsh Properties for an undisclosed price.

read more >

Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

read more >

Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

read more >

Oil rises on industry data showing stockpile fall


The Associated Press

The price of oil rose Wednesday after industry data showed a decline in U.S. supplies.

Benchmark U.S. crude for June delivery was up 59 cents at $100.09 a barrel at 0605 GMT in electronic trading on the New York Mercantile Exchange. The contract rose 2 cents to close Tuesday at $99.50.

Brent crude, a benchmark for international varieties of oil, rose 22 cents to $107.28 on the ICE exchange in London.

American Petroleum Institute data on Tuesday showed a decline in U.S. crude stocks for last week, which might reflect increased demand.

Traders are now looking to Energy Department figures on U.S. crude stockpiles, due later Wednesday, to confirm or debunk the API data.

The data for the week ending May 2 is expected to show an increase of 1.3 million barrels in crude oil stocks and a draw of 900,000 barrels in gasoline stocks, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Tension between Russia and Western nations over the fate of Ukraine's restive eastern regions has kept upward pressure on prices in recent weeks.

In other energy futures trading on Nymex:

— Wholesale gasoline dropped 0.8 cent to $2.878 a gallon.

— Heating oil added 0.6 cent to $2.894 a gallon

— Natural gas slipped 1.4 cents to $4.785 per 1,000 cubic feet.

 

< back

Email   email
hide
Ebola
How worried are you about Ebola spreading?