News

West Texas Intermediate (WTI) Oil price remains steady after registering more than 3.50% gains, trading around $62.50 during ...
KUWAIT, 3rd June, 2025 (WAM) -- Kuwait crude oil gained 95 cents during Monday's trading to reach US$64.56 per barrel (pb) compared with $63.61 pb last Friday, Kuwait Petroleum Corporation (KPC) said ...
Oil prices surged Monday over renewed concerns about Russia's war in Ukraine and relief over OPEC+ production, while stock ...
The West Texas Intermediate for July delivery went up 1.73 U.S. dollars, or 2.85 percent, to settle at 62.52 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery ...
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.90 during the Asian trading hours on Monday.
The Dangote Petrochemical Refinery will receive at least five million barrels of imported crude oil within the four weeks of ...
US crude futures fell on Friday as traders expected Opec+ would decide on Saturday to boost oil output for July beyond previous forecasts.
North Dakota regulators approved extending the deadline for oil companies to complete drilled wells by one year, allowing ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Texas oil and gas drilling permits hit a three-year low as operators cut spending and drilling plans in response to falling ...
Oil futures climbed Wednesday, with U.S. benchmark July West Texas Intermediate crude settling at $61.84 a barrel — its highest level since May 20. Prices got a boost from a [report that the U.S. has ...
KUWAIT, 28th May, 2025 (WAM) -- The price of Kuwaiti oil went up by 24 cents to US$64.26 per barrel on Tuesday, compared to US$64.02 pb the day before, said the Kuwait Petroleum Corporation on ...