President Donald Trump announced that his administration would tackle rising drug costs in the United States by establishing ...

Oil prices eased on Tuesday from a two-week high reached during the previous session after the U.S. and China agreed to ...

Oilfield services providers are bracing for impact as several large E&P firms are cutting back on drilling programs.

Gasoline prices in California could rise above $8 by the end of 2026, according to a new study. A gallon of regular gasoline ...

Suncor Energy Inc. is a high-quality oil company with strong Q1 performance, high utilization rates, and significant cash ...

All told, the S&P 500 rose 184.28 points to 5,844.19. The Dow Jones Industrial Average gained 1,160.72 to 42,410.10, and the ...

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

Oil futures jumped early Monday, boosted after the U.S. and China agreed to sharply cut tariffs on each other. The boost for crude accompanies a rally in other assets perceived as risky, with stocks ...

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 ...

Oil futures added to last week’s gains as the U.S. and China agreed to slash tariffs for 90 days, but settle off the day’s highs as talks on Iran’s nuclear program and the Russia-Ukraine war keep open ...

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