The projection has been revised downward by $0.40 per barrel from the early February report, primarily influenced by OPEC+ ...

The American Petroleum Institute reportedly shows a build of 4.59M barrels of oil in U.S. commercial stockpiles for the week ending March 14.

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, bolstered by strong air travel demand and road mobility.

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

Highlighting ongoing concerns about demand, the other key downside risk for oil, the OECD said on Monday that Trump's tariffs ...

For the third week in a row, the benchmark average retail diesel price fell, down 14.8 cents a gallon over that period.

U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high ...

Oil prices rose and Goldman Sachs cut its 2025-26 price forecasts on expectations of slower demand growth and higher supply.

Exxon Mobil Corporation (NYSE:XOM) is a global energy company that explores, produces, refines, and markets crude oil, ...

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

Oil’s recent descent has prompted Goldman Sachs analysts to lower their price target for the year, in part due to ...

The political news situation will determine whether the price of Brent oil stays around $70 per barrel, which it has been for ...