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West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.20 during the early Asian trading hours on ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.
Crude oil futures fell for a sixth consecutive session in choppy trade amid uncertainty about the impact of U.S. tariffs, Russia sanctions, and output increases by OPEC+.
DOHA, August 7. /TASS/. The Organization of Petroleum Exporting Countries keeps an eye on the oil market status, the balance of supply and demand, and statements of US President Donald Trump in ...
Reliance Industries, India's biggest buyer of Russian oil, said in its annual report on Thursday that geopolitical and tariff-related uncertainties could hurt trade flows and the demand-supply balance ...
Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U ...
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 ...
Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...
Oil supply growth from non-OPEC producers is expected to plateau by early 2026 even as global demand remains strong, BP CEO Murray Auchincloss tells Bloomberg. In an interview following BP’s latest ...
India requires a balanced crude oil import strategy, comprising roughly 60% medium, 30% light, and 10% heavy crude oil grades ...
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