The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 580 to its lowest level since December 2021, Baker Hughes said Friday in its latest weekly report, after declining by 5 in ...

Indian refiners have less time than they expected earlier to receive sanctioned tankers, prompting aggressive purchase of ...

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

Ahead of Donald Trump's presidential inauguration on Monday, Stephen Innes, managing partner at SPI Asset Management, warned traders to “brace for a dynamic and potentially tumultuous year in crude ...

In addition, the Securities and Exchange Commission just sued Elon Musk, accusing him of not notifying that agency or ...

Spartan issued $85 million worth of new shares to National Bank Financial to help fund the company's development project in ...

China's oil demand and refinery throughput declined in 2024 for the first time in decades, driven by a shift towards electric vehicles and LNG trucks.

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...

Shares are mostly lower in Asia after China reported that its economy grew at a 5% annual pace last year, hitting the government's target but slowing from the year before.

A new study overcomes a key obstacle to switching commercial aircraft from their near-total reliance on fossil fuels to more sustainable aviation fuels. The study details a cost-effective method for ...

Hamas deal cools geopolitical risks. Despite pullback, tight US inventories and strong demand signal bullish outlook.

The Dow, S&P 500, and Nasdaq fell Thursday as the stock market digested the latest corporate earnings results.