If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
U.S. crude oil inventories increased more than expected as production picked up, while the build in gasoline stocks extended ...
Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...
Oil prices rose marginally in Asian trade on Friday but were on track for a third straight week of decline, hurt by U.S.
U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
Crude oil futures pared previous gains after OPEC+ agreed to maintain its policy of gradually raising oil production starting ...
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.
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