West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $65.12 per barrel, ...

HOUSTON (Reuters) -Brent and U.S. West Texas Intermediate crude prices fell on Friday, reversing gains after a report that OPEC was planning to hike production in August following an increase planned ...

Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.

The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...

As the Middle East conflict continues and energy stability remains uncertain in the Persian Gulf, energy security remains steady in the U.S., fueled by the Gulf ...

US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...

There's still plenty Iran could do to push prices back up, and the markets could be getting it all wrong, But oil analysts ...

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

Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...

Higher revenues from oil royalties as well as personal and corporate income taxes led Alberta to end the last fiscal year ...

Crude oil prices slid more than seven percent Monday while Wall Street stocks advanced after markets shrugged off Iran's ...