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

Russia’s state-owned natural gas company Gazrom will cut off supplies to Austria’s OMV utility early Saturday, Austria’s chancellor said, adding that his country’s underground gas ...

Trump has spoken of imposing a “universal” tariff on all imported goods of as much as 20%, with the exception of Chinese ...

Greenhaven Road Capital, an investment management company, released its third-quarter 2024 investor letter. A copy of the ...

Oil and natural gas are highly volatile commodities. That's probably the first lesson that investors in energy stocks learn ...

China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...

Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...

The October consumer price index shows that low oil and gasoline prices due to geopolitical pressures have kept inflation in ...

Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

The Paris-based agency left its 2025 oil demand growth forecast little changed at 990,000 bpd. At the same time, it expects ...

Trump's team plans to eliminate the $7,500 EV tax incentive as part of broader tax reforms, signaling a shift in federal ...

Prices have since cooled, however, as industry estimates point to a much better harvest in the 2024-2025 season, particularly ...