Wall Street stock indices finished at fresh records Thursday following solid US jobs data as President Donald Trump’s ...

Oil prices dipped on Thursday as analysts weighed the implications of the U.S. tariffs set to be imposed only July 9, as well as the likelihood of the Organization of the Petroleum Exporting Countries ...

(Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to ...

ADNOC has restored most of the Murban crude supply to its partners after July cuts, while planning lower export volumes from ...

Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on President ...

Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers are ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

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

Washington's oil market hubris risks repeating the mistakes of the past — and threatens national security as well.

Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..