WTI price faces challenges as traders adopt caution amid rising uncertainty over US trade policy. Trump’s commerce secretary nominee Howard Lutnick suggested that Canada and Mexico could avoid tariffs ...

Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...

The number of oil rigs has dropped to its lowest since December 2021, according to oil service provider Baker Hughes ...

The oil market continues to see support overall as the oil markets are factoring in the idea of central bank easing, and of course the potential for further demand coming from that action.

The crude oil market was somewhat noisy in the early hours of the Wednesday session. At this point in time, traders are ...

The U.S. Energy Information Administration reported Wednesday that commercial crude inventories climbed for the first time in 10 weeks. Domestic commercial crude supplies rose 3.5 million barrels for ...

US benchmark equity indexes were lower ahead of Wednesday's close after the Federal Reserve held its benchmark lending rate steady and said inflation remained "somewhat elevated." The Nasdaq Composite ...

As reported by the AAA Texas Weekend Gas Watch, the average gas price across Texas was $2.69 per gallon for regular unleaded ...

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

Quantitative strategists at BNP Paribas say they're shorting oil, targeting $71.59 per barrel for West Texas Intermediate. They note that positioning by trend funds is "extremely bullish" at the ...

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...

Brent futures rose by 41 cents to hit USD 77.49 pb and West Texas Intermediate (WTA) went up by 60 cents to USD 73.77 pb. (e ...