Crude oil futures ended lower as the market awaits the outcome of Saturday's OPEC+ meeting, where the group is widely ...

Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...

A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

MACRO: A sharp selloff in oil prices ahead of the OPEC+ meeting has been partially offset by a larger-than-expected drawdown in U.S. oil inventories, with gasoline demand spiking ahead of driving ...

Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ ...

Investors are considering a possible larger OPEC+ production increase in July, while evolving US tariff policies add ...

OPEC+ is reportedly considering a larger-than-planned oil production increase for July in response to Kazakhstan's refusal to ...

OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) ...

Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that ...

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