Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down ...

The company's oil and gas production was almost unchanged at 0.868 million tonnes and 0.829 billion cubic meters respectively ...

Experts warn that the energy sector is not contemplating a boost in production, despite the president’s messages. The country ...

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

Oil prices moved up on Friday after new sanctions were imposed on Iran's crude exports but were hurt by U.S. President Donald ...

Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down for the week as investors worried about US President Donald Trump's renewed ...

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

Nearly all the S&P 500’s 11 sectors were in the red Friday afternoon, with only energy trading up, according to FactSet data, at last check. The energy sector was gaining 0.6% as oil prices rose, ...

Idaho’s price is about 6 cents higher than a week ago, 2 cents more than a month ago, and 20 cents more than a year ago.

This has increased the price of crude oil, as major buyers like China and India scramble to secure shipments. The global market's backwardation – where prompt barrel prices exceed future prices ...