WTI crude oil (CLQ25) on Thursday closed down -0.45 (-0.67%), and August RBOB gasoline (RBQ25) closed down -0.0043 (-0.20%).

SINGORE -Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers ...

The NYMEX August West Texas Intermediate contract was down by 53cts to $66.92/bbl and September WTI was off by 51cts to $65.50/bbl. Both the September and October Brent crude contracts were 47cts ...

SINGAPORE: Oil prices fell on Thursday after gaining 3 per cent in the previous session as investors are wary that higher US ...

Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...

ADNOC has restored most of the Murban crude supply to its partners after July cuts, while planning lower export volumes from ...

Oil prices pulled back during Asian trading on Thursday, giving up some of the strong gains recorded in the previous session ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

This is the third straight year of declining gas prices, and it's the lowest cost of gas (averaging $3.65 a gallon in the ...

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

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

Washington's oil market hubris risks repeating the mistakes of the past — and threatens national security as well.