Strategic oil stocks rise by another 200,000 barrels as commercial inventories drop. EIA reports commercial stockpiles dipped ...

Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the ...

While Gov. Newsom touted the state’s environmental efforts at the UN climate summit, toxic spills and a new law speeding ...

In the US, 548 rigs were working, down 1 unit from the prior week. With 192 rigs running in Canada, 1 additional rig was ...

Oil prices closed lower on Friday, marking a 4% weekly decline as a supply glut and a potential Russia-Ukraine peace deal ...

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

Oil prices were little changed on Friday, and were on track for a weekly decline as investors focused on a supply glut and a ...

Oil prices inched lower on Friday and were on track for a weekly decline as investors focussed on a supply glut and potential ...

Russian oil exports plummet in November amid sanctions, dropping 420 kb/d and reducing revenue to $11 billion, says IEA.

Oil prices fell on Thursday as investors focused on Russia-Ukraine peace talks and eyed large surpluses in U.S. gasoline and ...

MBI Global is pleased to announce the signing of an exclusive distribution agreement with AustEx, a recognized leader in drilling equipment and exploration services. Through this strategic alliance, ...

Oil prices eased on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout ...