U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...

The Organisation of Petroleum Exporting Countries and its allies, OPEC+ is looking to sustain market domination with likelihood to approve another oil output ...

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

Crude oil futures fell for a second straight session, ahead of a likely increase in production by OPEC+, while a weaker than ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

HOUSTON -Oil prices fell more than $2 a barrel on Friday morning on jitters about a possible increase in production by OPEC and its allies, while weaker-than-expected U.S. jobs report fed worries ...

An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

The group’s message from its biennial gathering in Vienna is that the “energy transition” will lean on hydrocarbons for ...

OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last month’s report.

Oil prices dip as OPEC supply increases and a weak U.S. jobs report spark market concerns, while natural gas futures also ...

By Colleen Howe BEIJING (Reuters) -Chinese producers of polysilicon, a building block for solar panels, are in talks to ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...