WTI futures rose by 1.26% to $83.55/bbl, as of 9 a.m. ET. West Texas Intermediate prices have drifted lower in 2024, but ...

The recent oil rally has stalled out with West Texas Intermediate largely flat this week, ahead 0.38%, after booking ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Crude prices’ four-week winning streak has come to an end as concerns about weaker U.S. consumer sentiment outweighed rising ...

Oil and gas activity in the U.S. Midwest and Rockies declined during the second quarter, but is expected to rebound over the ...

Oil edged lower after touching a two-month high last week, with a recent rally cooling even as traders tracked twin threats ...

Nigeria’s new Dangote mega-refinery is lapping up ever more US crude, bringing the barrels thousands of miles across the ...

Oil futures prices settled slightly lower on Friday as investors weighed weaker U.S. consumer sentiment against mounting ...

Early trading on Tuesday saw little change in oil prices, despite the impact of Hurricane Beryl on a significant oil production hub in Texas. The hur ...

Brent futures fell 49 cents to $85.26 a barrel by 0852 GMT, while U.S. West Texas Intermediate crude slipped 54 cents to ...

The SPR now holds about 373.1 million bbl, including 229.3 million bbl of sour crude and 143.8 million bbl of sweet crude, according to the DOE data.

Oil prices rose in early Asian trading hours on Friday as signs of strong summer demand and easing inflationary pressures in ...