Crude oil futures fell for a second straight session, ahead of a likely increase in production by OPEC+, while a weaker than ...

Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...

U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...

Saul Kavonic from MST Marquee discusses how OPEC+'s decision to either maintain market discipline or pursue market share ...

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

Oil prices dip as OPEC supply increases and a weak U.S. jobs report spark market concerns, while natural gas futures also ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

HOUSTON -Oil prices fell more than $2 a barrel on Friday morning on jitters about a possible increase in production by OPEC and its allies, while weaker-than-expected U.S. jobs report fed worries ...

OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last ...

ULSD futures were down by nearly 10cts/gal, with the September contract tumbling 9.76cts to $2.2983/gal and October prices off by 9.61cts to $2.2947/gal. The front-month contract is off nearly ...

The forecasts from both the IEA and OPEC are now so cautious that they actually run the risk of being too pessimistic, ...

OPEC projects rising oil demand through 2050 and calls for $18.2 trillion in oil and gas investments to secure future energy ...