Oil prices dropped on Thursday for a sixth consecutive session after the Kremlin said Russian President Vladimir Putin would ...

At least three vessels that oil major Chevron had used to transport Venezuelan crude to the U.S. were navigating toward the ...

On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in ...

NEW YORK (Reuters) -Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on ...

Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.

Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...