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

Four astronauts launch to the space station after being sidelined by Boeing's Starliner trouble and other issues.

September WTI crude oil (CLU25) on Friday closed down -1.93 (-2.79%), and September RBOB gasoline (RBU25) closed down -0.0553 ...

ULSD futures were down by nearly 10cts/gal, with the September contract tumbling 9.76cts to $2.2983/gal and October prices off by 9.61cts to $2.2947/gal. The front-month contract is off nearly ...

U.S. oil producer Chevron expects its exports of Venezuelan crude to the U.S. to resume this month, the company's chief ...

Hummer shared updated full-year 2025 guidance: "We are modestly increasing our expectation for annual revenue to $168 million to $176 million in 2025," with combined revenue guidance, including ...

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 ...

Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...

China's major solar firms have reduced their workforce by nearly one-third due to price wars, overcapacity, and decreasing demand. The solar industry, originally aimed at boosting economic growth, ...

Exxon Mobil second quarter profit sinks to lowest level in 4 years as OPEC ups production and energy prices slide.

Exxon Mobil second quarter profit sinks to lowest level in 4 years as OPEC ups production and energy prices slide.

OPEC+ emphasized that the decision was made against the backdrop of the current stable fundamental factors on the oil market reflected in low global reserves ...