By Robert Harvey LONDON, Jan 29 (Reuters) - Brent oil futures prices jumped on Thursday, hitting a four-month high on rising ...

Oil prices edged up on Tuesday as a massive winter storm hit crude production and affected refineries on the U.S. Gulf Coast.

Oil prices climbed, with Brent crude back above $70 a barrel on growing concerns about potential U.S. military action against ...

A survey compiled by The Wall Street Journal--including projections from Goldman Sachs, JPMorgan and Morgan Stanley--showed Brent crude is expected to average $61.33 a barrel, while West Texas ...

By Sam Li and Trixie Yap SINGAPORE, Jan 29 (Reuters) - Oil prices rose 1.5% on Thursday, extending gains for a third day, on ...

Jan 28 (Reuters) - Citi said on Wednesday that oil prices may stay elevated due to rising geopolitical risks, U.S.

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

An abrupt surge in oil prices could cause inflation to rise and spark volatility in markets. Brent on Tuesday jumped to the highest level since November.

Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota's Bakken shale, citing low margins as oil ...

Oil prices climbed Tuesday, with U.S. benchmark prices settling back above $60 a barrel for the first time in nearly a week, ...

Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending January 24, according to new data from the U.S. Energy Information Administration (EIA) released on W ...