Oil prices have rebounded, driven by increased demand, despite ongoing concerns about OPEC+ policies, US tariffs, and ...

The prices of the Brent crude and West Texas Intermediate were down each by USD 1.06 and USD 1.16 to settle both at USD 60.23 ...

West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $56.13 per barrel, down ...

West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...

Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...

WTI crude oil struggles due to tariff-related demand concerns, causing a sharp downturn in prices. OPEC+ adding more supply ...

OPEC+ agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision follows a surprise move in April by agreeing to a bigger-than-expected output hike for May despite ...

Brent crude is expected to average $68.23 a barrel this year, while West Texas Intermediate is projected at $64.60 a barrel, ...

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

The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...

Crude oil futures fell sharply in Sunday evening trading and while prices were more than $1 above those lows at midday Monday, contracts have struggled to attract much buying. OPEC+ members on ...

Economics, not politics, has enabled President Ferdinand R. Marcos Jr. to finally fulfill his campaign promise of P20 per kilo of rice at retail, for the masses.