US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...

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

West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...

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

Drivers can expect relief at the gas pump as oil prices drop to pre-conflict levels following a ceasefire announcement ...

The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...

It cites the renewed conflict in the Middle East as leading oil prices to fluctuate. The price of West Texas Intermediate ...

"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.

As the Middle East conflict continues and energy stability remains uncertain in the Persian Gulf, energy security remains steady in the U.S., fueled by the Gulf ...

A relief rally is underway on Wall Street with stocks surging, as oil falls below the $65 per barrel level and gold prices retreat amid a de-escalation between Iran-Israel. Still, President Trump ...