West Texas Intermediate (WTI) Oil price holds ground for the third successive session, trading around $68.40 per barrel ...

The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 300 rigs active in the region. A year ago, 315 rigs were active in the region. Nationally ...

It bottomed out in August of 2020 at 244. The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $64.76 per barrel, up $1.10 from last Friday’s close. National benchmark ...

West Texas Intermediate (WTI) Oil price remains under pressure for the second consecutive day, trading around $66.50 per ...

The Trump administration has promised to increase leases on federal lands and waters and expedite the permitting process.

The prices of the Brent crude and West Texas Intermediate each went down by USD 1.08 and USD 1.01 to settle respectively at ...

Oil futures sank to multi-year lows amid trade war worries and the prospects of more oil coming into the market.

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

India’s benchmark indices Sensex and Nifty slipped on Wednesday amid global economic uncertainty and ongoing foreign investor ...

The West Texas Intermediate for April delivery went up 1.10 U.S. dollars, or 1.64 percent, to settle at 68.26 dollars a barrel on the New York Mercantile Exchange. Brent crude for May delivery added 1 ...

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The bank cited two main changes in the oil markets.