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 >

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 >

GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

read more >

Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

read more >

Brent crude falls as Iraq output fears ease


The Associated Press

The price of global crude oil fell Wednesday, retreating from record highs after OPEC assured that Iraq's production remained normal despite violence while U.S. crude rose after a report said export controls would be loosened.

Benchmark U.S. crude for August delivery rose 28 cents to $106.28 per barrel on the New York Mercantile Exchange. The contract dropped 14 cents to settle at $106.03 on Tuesday. Brent crude, used to price international oils, dropped 65 cents to $113.80 a barrel in London.

U.S. benchmark crude futures rose after The Wall Street Journal reported that the U.S. government was loosening a longstanding ban by letting two companies sell American oil internationally. The newspaper said the Obama administration would allow foreign buyers to purchase a type of ultralight oil known as condensate, which can be turned into gasoline, jet fuel and diesel.

International crude fell further from a nine-month high reached earlier this week after the head of OPEC , the group of major oil exporters, said that Iraq's production was normal, with 95 percent of capacity in the south unaffected by the violence, which has been concentrated in the country's north.

In other energy futures trading on the Nymex:

— Wholesale gasoline fell 2 cents to $3.08 a gallon.

— Natural gas fell 0.8 cent to $4.53 per 1,000 cubic feet.

— Heating oil fell 1.1 cent to $3.04 a gallon.

 

 

 

 

 

< back

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