OPEC+ is cutting output by a total of 5.86 million barrels per day (bpd), or about 5.7% of global demand, in a series of ...

Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...

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

Oil rose further on Wednesday amid speculation Iranian oil facilities could be the target of an Israeli retaliation against ...

In its weekly report released Wednesday, the Energy Information Administration said crude oil stocks excluding the Strategic Petroleum Reserve rose 3.9 million barrels to 416.9 million. Analysts ...

Oil futures climbed on Wednesday, buoyed as [tensions between Iran and Israel raised worries of a wider conflict]( ...

Oil initially rose last October following the Hamas attack on southern Israel, but worries over tepid demand from China and increased output from producers outside of OPEC and its allies have weighed ...

Follow along for live updates on stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Crude oil prices ticked higher today, even though the U.S. Energy Information Administration reported an estimated inventory ...

Panos Gliatis, managing director of subsidiary NNPC Shipping, told TradeWinds that the shipping operation has reached a deal ...

Occidental Petroleum Corporation (NYSE:OXY) shares were given a "Neutral" rating by analysts at Goldman Sachs on Wednesday.