Apil, fueled by optimism over upcoming U.S.-China trade talks. West Texas Intermediate closed above $60 for the first time in over a week. Prices rose three of five trading days on the New York ...

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

Falling crude prices will eventually translate into lower prices at the gas pump for consumers, but that doesn’t mean it’s all good news ― especially for Texas-based oil producers. On Monday, global ...

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

Goldman Sachs views the OPEC+ decision as a long-term equilibrium strategy aimed at maintaining internal cohesion and ...

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

The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include ...

Oil-linked ETFs not only provide insight into sentiment across energy sector but also face volatility. USO tracks commodity, ...

The West Texas Intermediate for June delivery increased 1.11 U.S. dollars, or 1.85 percent, to settle at 61.02 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery went ...

CALGARY - Oil and gas giant Canadian Natural Resources Ltd. says it can weather a crude price much lower than where it's been ...