Crude prices surged past $70 this week, driven by a Federal Reserve rate cut and a decrease in US oil supplies.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
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 ...
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 ...
AAA Texas reported t hat gas prices are down 18.9 percent from one year ago with prices averaging $2.78 per gallon for ...
The Dow closed at a record high on Friday. Investors see more gains ahead as the Fed kicks off a new cycle of easing interest ...
Investing.com -- Wells Fargo analysts said in a note Thursday that the recent decision by OPEC+ to extend its production cuts ...
In the international markets, Brent stood at $86.39 per barrel, up by 2.24% and West Texas Intermediate (WTI) at $79.72 per barrel, up by 2.13%. The oil prices are witnessing rampant growth over ...
The Dow Jones Industrial Average stretched its record closing run Friday while the S&P 500 retreated from Thursday's all-time high as markets evaluated remarks by two Federal Reserve governors. The ...
For example, you can see that Brent crude oil spot prices are quoted by the barrel (bbl), as are West Texas Intermediate (WTI) oil prices on global futures exchanges like NYMEX. The highest ever ...