Falling gasoline prices are bad news for Texans, particularly during a global economic slowdown. While no one knows what ...

Goldman Sachs views the OPEC+ decision as a long-term equilibrium strategy aimed at maintaining internal cohesion and ...

Oil-linked ETFs not only provide insight into sentiment across energy sector but also face volatility. USO tracks commodity, ...

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

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

CALGARY - Oil and gas giant Canadian Natural Resources Ltd. says it can weather a crude price much lower than where it's been ...

Crude oil and refined product futures were down at midday Tuesday, sending West Texas Intermediate crude contracts back toward early April lows. Prices were down across the board after posting small ...

The West Texas Intermediate for June delivery increased 1.11 U.S. dollars, or 1.85 percent, to settle at 61.02 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery went ...

KUWAIT, May 8 (KUNA) -- Kuwait crude oil rose USD 1.97 during Wednesday's trading to reach USD 64.05 per barrel compared with ...

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.