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

Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...

The U.S. Energy Information Administration revealed its latest West Texas Intermediate spot price forecasts in its January short term energy outlook. Image by vovashevchuk via iStock The U.S ...

West Texas Intermediate (WTI) Oil price retreats after reaching six-month highs, gaining more than 3%, in the previous ...

West Texas Intermediate (WTI) Oil price ended a three-day losing streak, holding steady near $76.20 during European trading ...

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 ...

Brent crude futures rose 29 cents, or 0.36%, to $80.21 a barrel by 1008 GMT. U.S. West Texas Intermediate crude was up 33 ...

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 ...

It is advisable to focus on companies like EOG Resources, ConocoPhillips & ExxonMobil, which have significant upstream operations in key shale plays.

The West Texas Intermediate for March delivery gained 4 cents, or 0.05 percent, to settle at 74.66 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery went up 21 ...

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 ...