Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...

West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous ...

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

Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...

The oil market continues to see support overall as the oil markets are factoring in the idea of central bank easing, and of course the potential for further demand coming from that action.

The West Texas Intermediate for March delivery added 60 cents, or 0.82 percent, to settle at 73.77 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 41 ...

The crude oil market was somewhat noisy in the early hours of the Wednesday session. At this point in time, traders are ...

Quantitative strategists at BNP Paribas say they're shorting oil, targeting $71.59 per barrel for West Texas Intermediate. They note that positioning by trend funds is "extremely bullish" at the ...

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...

Brent crude futures rose 29 cents, or 0.36%, to $80.21 a barrel by 1008 GMT. U.S. West Texas Intermediate crude was up 33 ...