From a technical perspective, WTI Prices are showing an improving bullish momentum on Thursday. The 4-hour RSI stays at ...

India has voiced concerns to U.S. lawmakers over a proposed 500% tariff on goods from countries purchasing Russian oil, ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers are ...

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

Saudi Arabia's oil exports jumped to the highest level in more than a year in June as the kingdom shipped more crude to ...

Oil futures were little changed on Wednesday as investors are wary ahead of a meeting of major producers this week to ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...

The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 million barrels per day oil supply shortfall by 2023 without upstream investments of up to $17.4 trillion. It said the ...

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...