Crude oil remains relatively low at around $60 per barrel, and gasoline demand is dropping heading into the winter months. In ...

Oil prices edged up nearly 1% to a two-week high on Friday on increasing expectations the U.S. Federal Reserve will cut ...

My December West Texas Intermediate oil price forecast remains unchanged from November: December WTI prices should range ...

U.S. oil production rose by 44,000 barrels per day to a record 13.84 million barrels per day in September, driven by a sharp ...

One economist said the lower gas prices are partially a reflection of an economic slowdown. He pointed to the sluggish jobs ...

The average price across the U.S. now stands at $2.95 per gallon, down 8.5 cents from a week ago, according to GasBuddy.

A Texas oil firm is fighting an uphill battle with the state of California to restart crude oil production and sales from ...

Texas drivers got a little break at the pump this week as prices drop, with the state average for regular unleaded at $2.52 ...

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

U.S. September oil production increased by 44 kb/d to 13,844 kb/d, another new record high. The largest increases came from ...

Oil prices declined 1% on Tuesday as markets weighed faltering Russia-Ukraine peace hopes against fears of oversupply.

The real estate group describes the property as an ideal for concerts, sporting events, trade shows, circuses, large-scale ...