The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost revenues.

The AUD traded down in overnight trade by -0.82% as a risk-off tone gripped US markets again, with US Treasury yields falling. The 10yr note dropped to an overnight low of 4.17% at one stage before ...

Chevron bought 15.38 million shares of Hess' common stock via the open market, even as the companies work to complete their ...

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

The U.S. Energy Information Administration has revealed its latest Brent spot price forecast for 2025 and 2026 in its March ...

West Texas Intermediate (WTI) Oil price extends its winning streak for a second consecutive session, trading around $67.40 per barrel during Asian market hours on Monday. The gains come as crude ...

Here are the seven top business stories you need to track this week — March 17 to March 21REPS OKAYS TAX REFORM BILLS, KEEP ...

West Texas Intermediate (WTI) US Crude Oil prices attract buyers for the third straight day on Tuesday and touch a fresh ...

S&P Global Ratings has revised its long-term foreign and local currency unsolicited sovereign credit rating on Saudi Arabia ...

Americas Aframax demand could take a hit amid non-renewal of Venezuelan sanctions waiver ...

US stocks pulled back on Tuesday, led by a nearly 2% decline in the Nasdaq, following two days of gains as investors ...

Trump’s current high tariffs policy would deepen distrust of the dollar and will cost America massive reputational damage ...