The past several months have been particularly turbulent, with oil traders constantly having to react to a series of ...

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

At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the ...

Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.

DOHA, August 7. /TASS/. The Organization of Petroleum Exporting Countries keeps an eye on the oil market status, the balance of supply and demand, and statements of US President Donald Trump in ...

Roumi, stated on Thursday that OPEC is closely observing global oil market developments, including supply and demand dynamics, as well as recent comments made by US President Donald Trump regarding ...

Oil prices dipped on Thursday, wiping out gains earlier in the session, after the Kremlin said Russian President Vladimir ...

(Reuters) -Indian refiner Reliance Industries said on Thursday continuing geopolitical and tariff-related uncertainties may affect trade flows and demand-supply balance. In its annual report, the ...

On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in ...

NEW YORK (Reuters) -Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered ...

Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...

Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells Bloomberg.  In an interview following BP’s latest ...