Russia's ESPO crude blend has fallen to its lowest price since June 2024, flipping to a discount against international ...

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

Prices for oil are on the rise after U.S. President Donald Trump said that America will impose secondary tariffs of 25% on ...

Oil prices were mostly flat after rising earlier in the session on Thursday due to a fall in US inventories. According to the ...

Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...

U.S. oil and gas activity increased slightly in the first quarter, but energy company executives were pessimistic about the ...

Brent crude futures rose by 8 cents (0.1%) to $74.11 per barrel as of 0949 GMT, extending an eight-day winning ...

Crude stockpiles rise, while fuel inventories drop. Commercial crude inventories rose by 1.7 million barrels to 437 million, ...

It is a benchmark for the Oil market and WTI price is frequently quoted in the media. What factors drive the price of WTI Oil? Like all assets, supply and demand are the key drivers of WTI Oil price.

Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...

President Donald Trump is seeking lower energy costs for U.S. consumers. His policies may affect oil and gas companies’ ...