The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 304 rigs active in the region. A year ago, 312 rigs were active in the region. Nationally, ...

West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $70.55 per barrel, down ...

West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data. WTI trades at $72.92 per barrel, up ...

Oil prices were steady as new U.S. tariffs on steel and aluminium imports were introduced, potentially affecting global ...

Gasoline futures were also struggling to close out the week in the black. The Nymex March RBOB contract was off by 2.21cts to $2.0886/gal, leaving it down by nearly 2cts week to week and more than ...

Favorable oil prices are aiding COP's bottom line. However, the stock is exposed to commodity price volatility.

Crude oil futures fell on the MCX, tracking weak global demand. West Texas Intermediate crude and Brent crude also declined in New York.

The U.S. Energy Information Administration revealed its latest West Texas Intermediate spot price forecasts in its January short term energy outlook. Image by vovashevchuk via iStock The U.S ...

Petroleum futures regained their footing Thursday, a day after crude prices lost nearly $2 and refined product contracts shed 2%-3% on potential Ukraine peace talks and after Fed Chair Jerome Powell ...

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

The West Texas Intermediate for March delivery decreased 1.95 U.S. dollars, or 2.66 percent, to settle at 71.37 dollars a barrel on the New York Mercantile Exchange. Brent crude for April delivery ...

Hedge funds increased bearish bets against oil by the most in three months on the prospect that dueling tariffs between the US and China would reduce energy demand.