News

WTI falls to near $61.00, weekly gains capped by global oversupply concerns
Further pressuring crude Oil prices, US government data showed an unexpected rise in crude inventories. Meanwhile, the ...
Goldman Sachs analysts read more than 1,000 Trump social media posts. They found a key takeaway about how he talks about oil.
The analysts concluded that Trump appears to prefer West Texas Intermediate oil in the $40 to $50 a barrel range — well under ...
WTI moves below $61.50, downside seems limited due to easing of US-China trade tensions
West Texas Intermediate (WTI) Oil price paused its three-day winning streak, trading around $61.40 per barrel during Asian ...
Odessa American1h
Basin rig count down three as prices climb
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Much of Shale Patch Expects $60 Oil at Year-End, Survey Says
Many in the shale patch expect US oil prices to end 2025 near current levels, according to a live survey of attendees at the Super DUG Conference & Expo in Fort Worth, Texas.
Oil Prices Jump After U.S. and China Slash Tariffs
Oil prices were surging on Monday after the U.S. and China brokered a deal to pause most tariffs on each other's goods for ...
Crude futures settle higher
The West Texas Intermediate for June delivery gained 87 cents, or 1.41 percent, to settle at 62.49 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery added 88 ...
OilPrice.com4d
Oil Prices Rally on Trade Talk Breakthrough
Oil prices have risen significantly due to a breakthrough in US-China trade negotiations, including tariff reductions, which ...