West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $56.13 per barrel, down ...

West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...

The prices of the Brent crude and West Texas Intermediate were down each by USD 1.06 and USD 1.16 to settle both at USD 60.23 ...

Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...

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

US stocks declined on Tuesday (May 6) as investor sentiment took a hit following former President Donald Trump’s uncertain ...

West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall Street Journal. That's down about 3.76 a barrel from the March survey.

OPEC+ agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision follows a surprise move in April by agreeing to a bigger-than-expected output hike for May despite ...

Economics, not politics, has enabled President Ferdinand R. Marcos Jr. to finally fulfill his campaign promise of P20 per kilo of rice at retail, for the masses.

Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders turned cautious ahead of an Opec+ meeting to decide the group's output policy ...

Crude oil futures fell sharply in Sunday evening trading and while prices were more than $1 above those lows at midday Monday, contracts have struggled to attract much buying. OPEC+ members on ...

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