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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Museum District: Area’s evolution creating more interaction, public spaces

Fifteen years ago if someone had shot a cannon from Fort Worth’s world-renowned museum district, nobody would have noticed, joked Lori Eklund, senior deputy director of the Amon Carter Museum of American Art. But that has changed.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Oil above $103 after China manufacturing improves
 


The Associated Press

Oil prices rose Monday on the prospect of increased demand from China after data showed an improvement in manufacturing.

Benchmark U.S. oil for July delivery was up 58 cents to $103.29 a barrel at 0630 GMT in electronic trading on the New York Mercantile Exchange. The contract fell 87 cents to close at $102.71 on Friday.

Chinese data showed Sunday that manufacturing grew for the third consecutive month in May, suggesting a slowdown in the world's second-largest economy is stabilizing.

The China Federation of Logistics and Purchasing said that its monthly manufacturing index rose to 50.8 points in May on a 100-point scale on which numbers above 50 show activity expanding. It was the index's highest level this year.

Brent crude, a benchmark for international oils, added 34 cents to $109.75 a barrel in London.

Traders are focused on U.S. jobs data set to be released later in the week that could prop up expectations for higher demand.

In other energy futures trading on Nymex:

— Wholesale gasoline inched up 1.3 cents to $2.985 a gallon.

— Natural gas rose 2.7 cents to $4.569 per 1,000 cubic feet.

— Heating oil gained 0.7 cent to $2.895 a gallon.

 

 

 

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