News

The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that ...
VIENNA, 30th January, 2020 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$61.04 a barrel on Wednesday, compared with US$60.67 the previous day, according to OPEC Secretariat ...
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.
Today’s edition of Daily on Energy kicks off looking at who will be leading the federal permitting council under the second ...
Libya’s Minister of Oil and Gas, Khalifa Abdul Sadiq, has participated in the 191st ministerial meeting of the Organization ...