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

The average price of a gallon of self-serve regular gasoline in San Diego County fell Friday to its lowest amount since Dec. 31, 2022, dropping six-tenths of a cent to $4.526, the fifth decrease in ...

Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...

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

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

Two local oil purchasers have increased the price they will pay for Penn grade crude oil. Effective Thursday, American Refining Group and Ergon Oil Purchasing increased their price by $0.27 to $64.70.

It's the second gas station that Harris County has sued for taking advantage of consumers during the disaster.

Donald Trump has appointed “big oil” ally Doug Burgum as interior minister to unleash fossil fuel development. Mr Burgum, the ...

UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world’s largest ...

December gasoline RBZ24 tacked on 0.8% to $1.98 a gallon, while December heating oil HOZ24 lost 0.3% to $2.21 a gallon ... it expected crude supply to exceed demand by 1 mbd in 2025. With crude prices ...

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average for a gallon of regular unleaded fuel is ...

The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...