Oil prices held near a two-week high on Tuesday as instability in the Middle East increased the risk of supply disruptions, while China's plans for more economic ...

Russia's oil production is expected to be slightly lower in 2024 compared to 2023, as the country adjusts for previous overproduction according to OPEC+ agreements, while oil processing levels are ...

Kazakhstan's energy minister will stand down from his role, the country's presidential office said on Tuesday, as the government struggles to convince U.S. and European oil companies to lower ...

There are growing concerns over the ability of the federal government to fully implement Nigeria's almost N55 trillion budget for 2025 as the deficit in the country's crude oil production benchmark of ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

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

YPF's 2024 results show strong growth in shale oil production and reserves, driven by developments in the Vaca Muerta region.

WTI crude oil (CLJ25) today is up +0.21 (+0.31%), and April RBOB gasoline (RBJ25) is up +0.236 (+1.10%). Crude oil prices ...

The bank cited two main changes in the oil markets.

The outlook for oil prices is becoming increasingly bearish on Wall Street, with a growing consensus that crude will trade ...

Houthi strikes have forced international shipping companies to re-route container ships that would normally pass through the ...