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Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...
"If demand drops, alongside low crude oil prices, pump prices may continue to fall." Throughout the state, the ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...
Brent traded near US$65 a barrel after jumping 2.9 per cent on Monday. The blazes in Canada’s energy heartland of Alberta have shut down almost 350,000 barrels a day of heavy crude production, more ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
For traders and investors, navigating this volatile environment means staying vigilant and understanding the factors ...
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
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