Explore the latest on oil prices as they hold near six-month highs amidst U.S. and Iran tensions affecting the market.

Chevron said it sees a 50% increase in its current Venezuelan output over the next two years, while Exxon left Venezuela out of its official 2030 plans completely.

Oil prices are likely to hold near the $60 a barrel mark this year, as the prospect of oversupply in the market offsets the impact of geopolitical tensions that could disrupt cargoes, a Reuters poll ...

Find latest energy news from every corner of the globe at Reuters.com, your online source for breaking international news ...

This is a collection of local news concisely presented to provide a quick overview of what you might otherwise have missed.

"The potential for Iran getting hit has escalated the geopolitical premium of oil prices by potentially $3 to $4 (per barrel) ...

The brother and sister say that California has violated their Fifth Amendment rights, as it's taken their property without proper compensation.

The Trump administration is aggressively moving to expand oil and gas production on public lands across the U.S., an effort ...

In the U.S., oil producers lost up to 2 million barrels per day or roughly 15% of national production over the weekend, ...

Donald Trump assembles energy leaders to discuss Venezuela strategy after Nicolas Maduro's removal, targeting world's largest ...

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

Oil prices drop nearly 2% as Trump eases Greenland and Iran rhetoric and investors assess supply risks and rising U.S.