Events in eastern Europe weren’t the only factor driving oil prices higher. OPEC+ agreed to hike production by 411,000 ...

Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...

More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...

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

India’s private refiners are boosting domestic fuel sales as global margins fall and Chinese demand plateaus, banking on ...

Oil exporting group Opec+ has announced a further unwinding of production cuts, but the impact on tanker demand may be more ...

Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...