Crude futures settle higher
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 ...
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Kuwait crude oil drops to $81.47 pb
Kuwait crude oil lost 33 cents during Monday's trading to reach US$81.47 per barrel compared with US$81.80 last Friday, Kuwait Petroleum Corporation (KPC) said Tuesday.Brent futures dropped $1.42 to ...
Crude Oil Price Forecast – Crude Oil Continues to See Support
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.
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Basin rig count down six as prices drop
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
US oilfield firms face pricing squeeze as fracking demand slumps
Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...
WTI drops to near $75.00 due to uncertain potential impact of Trump’s proposed tariffs
West Texas Intermediate (WTI) Oil price extends its losing streak for the sixth successive session, trading around $74.90 during the early European hours on Thursday. Crude Oil prices decline amid ...
Prices of Canadian, U.S. WTI crude to Asia jump after shipping rates rally, sources say
Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...
WTI drops below $75.50 as facing challenges due to Trump policies
West Texas Intermediate (WTI) Oil price declines for the fifth consecutive session, trading near $75.40 per barrel during European trading hours on Wednesday. The drop in crude Oil prices comes after ...
BNP's quants are short oil — here's why
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 ...
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Oil eases to one-week low amid Trump tariff uncertainty
Brent futures fell 29 cents, or 0.4%, to settle at $79.00 a barrel, while US West Texas Intermediate crude (WTI) traded 39 cents, or 0.5%, lower to settle at $75.44. That puts Brent down for a ...
Crude Oil Price Outlook – Crude Oil Continues to Look For Bounce
The crude oil market was somewhat noisy in the early hours of the Wednesday session. At this point in time, traders are ...
AAA: Arkansas gas prices up 6 cents a gallon
According to the AAA Arkansas Weekend Gas Watch, the state average for regular unleaded fuel is now $2.78 a gallon. That’s six cents more than last week and 13 cents more than a year ago. West Memphis ...