The question naturally is whether the dip in oil prices is only a blip or an augury for a persisting downtrend. Global oil prices have been trending lower since the second half of 2024, averaging $77 ...

Ahead of his meeting with Israeli Prime Minister Benjamin Netanyahu, Trump signed the presidential memorandum reimposing Washington's tough policy on Iran that was practiced throughout his first term ...

While bearish sentiment due to OPEC+ production increases and demand concerns are causing oil prices to fall, this decline is ...

The oil and gas market dropped this week on a number of news items that seemed to hit the energy industry all at once. OPEC is increasing production, the U.S. economy may be slowing, and U.S. tariffs ...

Crude oil finished with another week of losses, as markets were pushed and pulled by OPEC's decision to go ahead with ...

OVERVIEW: Oil prices regained some ground on Friday but are still on track for weekly losses of more than 3% amid growing concerns over U.S. tariffs and OPEC+ output hike plans. Brent crude, the ...

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

Commenting on the violation of obligations under the OPEC+ deal by Kazakhstan, Alexander Novak noted that OPEC+ proceeds from ...

Trump promised lower energy prices, and he’s using the White House to bring them down, even if it hurts American oil and gas ...

Upstream depends on being able to display ads on our services in order to finance our journalism.

Brent prices on Wednesday fell to their lowest since December 2021 after U.S. crude inventories rose and in the wake of the ...

Oil prices plunged this week as a result of OPEC+'s planned production hike and Trump's tariff policies, and oil majors sold ...