News

BP Appoints Former Devon Energy Chief David Hager as Nonexecutive Director The naming of the U.S. oil executive comes at a time when BP is seeking to more than double its production of oil and gas in ...
Oil extended its weekly decline in choppy trading on heightened prospects of more supply from OPEC+ and as US President ...
Crude prices remain rangebound as traders await decisive signals from OPEC+ and policy shifts, despite bullish inventory data ...
The crude oil markets continue to find a lot of struggles at this point, as the market looks as if it is trying to find a bottom. However, this is a market that faces a lot of over supply at the ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
OPEC+ is reportedly considering a larger-than-planned oil production increase for July in response to Kazakhstan's refusal to ...
OPEC+ maintained their production policy unchanged during the 39th ministerial meeting held the day before yesterday. OPEC+ ...
However, Trump’s rhetoric surrounding Russia, traditionally sympathetic to Putin’s aims, has shifted in recent weeks as his ...
Kazakhstan's energy minister on Thursday dismissed complaints from other members over Kazakhstan's overproduction, saying ...
Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that President Trump overstepped his authority by imposing broad tariffs.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The more-active NYMEX July RBOB contract was off by 1.8cts to $2.0455/gal and June RBOB was down by 2.35cts to $2.066/gal. The NYMEX July ULSD contract was 2.9cts lower to $2.0415/gal and June ULSD ...