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

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

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

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 ...

"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.

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

It cites the renewed conflict in the Middle East as leading oil prices to fluctuate. The price of West Texas Intermediate ...

West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...

Stocks rose Monday, with oil prices declining, following a restrained response by Iran to U.S. attacks over the weekend.

A relief rally is underway on Wall Street with stocks surging, as oil falls below the $65 per barrel level and gold prices retreat amid a de-escalation between Iran-Israel. Still, President Trump ...

If things were to re-escalate, the Iranian regime could take a worst-case, most damaging counter-measure by blockading the ...