With his trade war, the president has also trampled on global demand for hydrocarbons. Since he returned to the Oval Office, ...

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

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

What a difference a week makes. Exactly this time last week, Oil was in pullback mode — now the world’s number one traded Commodity is soaring back stronger than ever.

Amplify initiated a development drilling program in the prolific Beta oilfield in 2024 to demonstrate the significant upside potential of the asset and generate strong incremental cash flows for the ...

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal ...

Enbridge is a good example of a top TSX stock with a great track record of dividend growth. Investors who buy Enbridge at the ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

World shares and U.S. futures have surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

Israel prepares major Gaza operation that may forcibly relocate civilians and risks escalating regional tensions.