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Oil prices were surging on Monday after the U.S. and China brokered a deal to pause most tariffs on each other's goods for ...
Oil futures jumped early Monday, boosted after the U.S. and China agreed to sharply cut tariffs on each other. The boost for crude accompanies a rally in other assets perceived as risky, with stocks ...
West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...
Oil prices rocketed more than three per cent Monday after China and the United States agreed to suspend sweeping mutual ...
Goldman Sachs views the OPEC+ decision as a long-term equilibrium strategy aimed at maintaining internal cohesion and ...
Oil-linked ETFs not only provide insight into sentiment across energy sector but also face volatility. USO tracks commodity, ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The U.S. Energy Information Administration lowered its West Texas Intermediate spot average price forecasts for 2025 and 2026 in its latest short term energy outlook. Image by Techa Tungateja via ...
The NYMEX June West Texas Intermediate oil contract was up by about $1.85 to $59.90/bbl at noon ET, and July WTI was also $1.85 higher at $59.55/bbl. London-based July Brent crude was up by $1.80 ...
The West Texas Intermediate for June delivery increased 1.11 U.S. dollars, or 1.85 percent, to settle at 61.02 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery went ...