Oil now trades at $63.75 and is still dropping. However, the pullback in oil prices may soon become a long opportunity. For ...

Turkey is in talks to look for oil and gas in Bulgaria, and is also planning exploration work in Iraq and Libya, Energy ...

Until recently, oil traders complained that it was almost impossible to wring profits out of a listless and rangebound crude ...

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

The diesel contract, while slightly lagging today, has had a strong week when compared to the rest of the petroleum complex. Front-month ULSD is currently up some 4cts at $2.1549/gal while June last ...

Here's a look at what happened in oil markets in the week of April 14-17 and what the focus will be in the days to come.

Oil prices climbed to a near two-week high on Thursday on supply concerns, while gold (XAUUSD:CUR) bumped the 'Magnificent ...

Crude oil prices have declined sharply this month, touching a four-year low at one point. Trading volumes in crude futures may be lower than usual in Monday’s session, with some countries ...

OPEC said in its monthly report that the world oil demand will rise by 1.30 million bpd in 2025, down 150,000 bpd from last month’s forecast. The Organization of the Petroleum Exporting ...

DENVER (KDVR) — One person was injured after a “well control incident” at a Chevron oil and gas facility northeast of Greeley that prompted evacuations and a school closure, a Chevron ...

Federal land managers have canceled their proposal to withdraw about 264,000 acres of public land in Nevada’s Ruby Mountain from oil, gas and geothermal development. The U.S. Forest Service said ...