The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

The company does not plan to reduce oil refining in 2025 after a record refining volume in 2024, Alexander Dyukov, the CEO, added ...

Morning Brief Anchors Brad Smith and Madison Mills explain why in the video above. To watch more expert insights and analysis ...

Despite rising oil consumption in developing economies, global supply is set to outpace demand growth, with India as a key ...

Trump’s rapid-fire policy changes have created an atmosphere of uncertainty across financial markets. Crude oil, like other ...

HOUSTON - Oil prices edged higher on Monday after the United States vowed to keep attacking Yemen's Houthis until the Iran-aligned group ends its assaults on shipping while Chinese economic data ...

Brent crude traded near $71 a barrel after rising by 1.7% over the past two sessions, with West Texas Intermediate above $67.

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

YPF's 2024 results show strong growth in shale oil production and reserves, driven by developments in the Vaca Muerta region.

Oil’s retreat has been cheered by US President Donald Trump and offers relief for consumers and central banks following years ...

Oil’s retreat has been cheered by US President Donald Trump and offers relief for consumers and central banks following years of rampant inflation.

The bank cited two main changes in the oil markets.