Crude prices surged past $70 this week, driven by a Federal Reserve rate cut and a decrease in US oil supplies.

The rig count in the Permian Basin was up one this week, the latest count Friday by Baker Hughes shows, with 307 rigs active in the region. A year ago, 317 rigs were active in the region. Nationally, ...

LUBBOCK, Texas (KCBD) - According to AAA Texas, the statewide gas price average is $2.78 per gallon for regular unleaded fuel ...

The crude oil market continues to see a lot of support at this point in time, as the market has been trying to recover for ...

Given their discounted stock prices and healthy growth prospects, these two energy companies could deliver superior returns ...

The West Texas Intermediate for October delivery lost 3 cents, or 0.04 percent, to settle at 71.92 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for November delivery ...

Energy stocks fell Friday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each decreasing about 0.2%. The Philadelphia Oil Service Sector index rose 0.1%, and ...

Declines in distillate futures were about half those for gasoline. The Nymex October ULSD contract was 1.12cts lower at $2.1608/gal and the November contract was down by 1.05cts to $2.1719/gal. Diesel ...

Here is a look at what happened in oil markets in the week of Sept. 16-20 and what the focus will be in the days to come.

Oil futures fell Friday but booked solid weekly gains, boosted by the Federal Reserve's decision to deliver a large interest-rate cut as well as a renewed rise in tensions in the Middle East after a ...

The number of oil rigs in the US were unchanged at 488 for the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The tallies for gas and miscellaneous rigs ...

AAA Texas reported t hat gas prices are down 18.9 percent from one year ago with prices averaging $2.78 per gallon for ...