Where does a giant refinery in Nigeria, Africa’s largest oil producer, go to source the raw materials it needs to make fuels ...

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

Brent traded around $65 a barrel and was on track for its first weekly gain since mid-May, while West Texas Intermediate was ...

The West Texas Intermediate for July delivery gained 1.21 U.S. dollars, or 1.91 percent, to settle at 64.58 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery ...

Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $62.07 per barrel, down from Wednesday’s close at $62.16. Brent Oil Exchange Rate (Brent crude) ...

Crude oil futures slipped today, impacted by weak global demand. West Texas Intermediate and Brent Crude also saw minor declines.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the Asian trading hours on Tuesday ...

Dangote Petroluem Refinery has looked to the United States for crude oil as its processing level increases while Nigeria ...

Texas oil and gas drilling permits hit a three-year low as operators cut spending and drilling plans in response to falling ...

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

Oil prices surged Monday over renewed concerns about Russia's war in Ukraine and relief over OPEC+ production, while stock ...