ODESSA — After COVID-19 tanked oil prices, Texas’ oil and gas industry rebounded. By 2024, operators were drilling record amounts of oil. Each barrel sold for at least $70, bringing profits and ...

AUSTIN (KXAN) — Low demand and too much supply: these basic economic principles are what University of Texas Energy Professor Michael Webber said are behind the current drop in prices. AAA reports the ...

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MIDLAND, Texas—For most Americans, cheap oil is good news. In Midland, Texas, it is a problem. Oil prices have mostly slumped since last spring, and the U.S. intervention in oil-rich Venezuela is ...

Oil prices rebounded in early Asian trade on Monday following the latest OPEC+ meeting, as traders responded to the producer group’s decision to hold output steady through the first quarter of 2026.

By Erwin Seba HOUSTON, Feb 12 (Reuters) - Oil prices dropped on Thursday due to falling demand, retreating fears of renewed ...

This article was first published by The Texas Tribune on Jan. 20, 2026. ODESSA, Texas (The Texas Tribune) — After COVID-19 tanked oil prices, Texas’ oil and gas industry rebounded. By 2024, operators ...