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

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Exxon Mobil Corp. has launched a ”full-court effort” to manage the impact of tariffs, its CEO said. The oil giant topped ...

Exxon Mobil CEO Darren Woods warned investors Friday that tough times could be ahead for the oil and gas industry. Woods said ...

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Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and ...

Big Oils Q1 earnings reveal a divergence in strategy as companies navigate falling crude prices, which hit a four-year low in ...

A major player in the top U.S. oilfield, the Permian Basin, as well as in Guyana, Exxon increased production by 20% year-over ...

Exxon Mobil’s first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The ...