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Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
Crude oil futures ended lower as the market awaits the outcome of Saturday's OPEC+ meeting, where the group is widely ...
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
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 ...
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...
Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that ...
Cuts in US funding for the United Nations may hamper efforts to reunite war-torn Libya, where deadly fighting and protests in ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
OPEC+ is reportedly considering a larger-than-planned oil production increase for July in response to Kazakhstan's refusal to ...
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