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Falling gasoline prices are bad news for Texans, particularly during a global economic slowdown. While no one knows what ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Oil prices rocketed more than three per cent Monday after China and the United States agreed to suspend sweeping mutual ...
West Texas Intermediate crude is projected to average $64.60 a barrel this year, according to a survey compiled by The Wall ...
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 ...
Oil-linked ETFs not only provide insight into sentiment across energy sector but also face volatility. USO tracks commodity, ...
West Texas Intermediate (WTI) settled near $59.91, marking a 2.78% weekly gain after rebounding sharply from multi-year lows earlier in the week. Bargain buying and improved sentiment supported ...
The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include ...
Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...
Crude prices were up by about 1.3% at 11:20 a.m. ET, with the NYMEX June West Texas Intermediate crude contract rising 71cts to $60.62/bbl while July prices added 67cts to $60.19/bbl. July Brent ...
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