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 >

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 >

It's Christmas tree time in the city of Fort Worth

Sundance Square will kick off the holidays with the lighting of the Christmas on Nov. 22 featuring a visit from a resident of the North Pole, musical and theatrical entertainment, as well as photo opportunities throughout the plaza.

read more >

Oil little changed ahead of US data, holiday 


The Associated Press

Oil prices were little changed Friday ahead of U.S. home sales data and the Memorial Day holiday weekend.

Benchmark U.S. crude for July delivery was up 3 cents to $103.71 a barrel at 0800 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 33 cents to close Thursday at $103.74.

Traders are waiting for a U.S. Commerce Department report on sales of new homes in April, expected later Friday, which may show a healthy American economy. That could help lift energy prices.

Oil reached a one-month high Wednesday of $104.07 a barrel after a U.S. Energy Information Administration report showed that U.S. crude supplies dropped a bigger-than-expected 7.2 million barrels in the week ended May 16.

Tensions are continuing in the Ukraine, where on Thursday the deadliest raid yet on Ukrainian troops by pro-Russia insurgents killed 16 soldiers. The possibility of greater Western sanctions against Russia for its role in the crisis has underpinned oil prices.

Brent crude, a benchmark for international oils, added 2 cents to $110.35 on the ICE exchange in London.

In other energy futures trading in New York.

— Wholesale gasoline was little changed at $2.989 a gallon.

— Natural gas rose 1.6 cents to $4.375 per 1,000 cubic feet.

— Heating oil inched up 0.2 cent to $2.952 a gallon.

 

 

 

< back

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