Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...
Texas saw mass crude oil production this past year, with new records being set in the last six of the past 12 months. In ...
Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia.
Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...
Crude oil futures rose about $2 around midday Friday as the possibility of more U.S. sanctions against Russian petroleum products triggered global supply worries. Diesel contracts also jumped as below ...
Executives from oil and gas firms have revealed where they expect the WTI crude oil price to be at various points in the ...
Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Oil futures on Friday climbed to their highest levels since early October and natural-gas futures jumped more than 5% as forecasts for a major winter storm tar ...
U.S. crude stocks fell last week, driving the Cushing, Oklahoma hub to a 10-year low, while fuel inventories surged, the ...