Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...

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

West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $56.13 per barrel, down ...

The prices of the Brent crude and West Texas Intermediate were down each by USD 1.06 and USD 1.16 to settle both at USD 60.23 ...

WTI crude oil struggles due to tariff-related demand concerns, causing a sharp downturn in prices. OPEC+ adding more supply ...

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

US stocks declined on Tuesday (May 6) as investor sentiment took a hit following former President Donald Trump’s uncertain ...

OPEC+ agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision follows a surprise move in April by agreeing to a bigger-than-expected output hike for May despite ...

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

Brent futures however dropped USD 1.32 to USD 66.12 pb and West Texas Intermediate (WTI) lost USD 1.40 to USD 62.27 pb ...

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