Good afternoon, and happy Friday, readers! In today’s Daily on Energy, Callie and Maydeen continue to cover the destructive fires burning throughout Los Angeles County. Our hearts go out to those who ...

Crude prices surged to three-month highs, fueled by the cold temperatures gripping a significant portion of the nation and the possibility of supply disruptions amid new sanctions on Russia’s energy ...

Shares of energy companies rose as oil futures spiked due to new U.S. sanctions on the Russian oil industry.

Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply ...

Oil prices rose on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from sanctions while icy conditions in parts of the United States and ...

On January, 7, 2025, the Federal Trade Commission (FTC) announced that crude oil producers XCL Resources Holdings, LLC (XCL), ...

Why is Houston, Texas called the energy capital of the world? The oil industry started partly because of oil gushing at ...

Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia.

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 ...

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

Oil futures rose sharply Friday, trading at their highest since October with support tied to cold weather in the U.S. and supply concerns.

Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...