The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a large draw of 4.8 ...

U.S. crude oil inventories fell by 1.8 million barrels last week and were about 4% below the five-year average for the time ...

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

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a draw of 2.48 million barrels in the week ending November 28 ...

Crude oil futures traded higher on Monday morning after the OPEC+ (Organization of the Petroleum Exporting Countries and ...

The Committee on Public Undertakings noted that project cycles of oil and gas sector projects, ageing fields and past ...

Nigeria’s crude oil production has reached its highest level in the past three months, according to data from the Organization of Petroleum Exporting Countries (OPEC).

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) increased by 2.8 million barrels from the week ending November 14 to the week ending November 21, the ...

As the Dangote Petroleum Refinery dropped its petrol gantry price on Friday, the Crude Oil Refineries Association of Nigeria has appealed to President Bola Tinubu to supply more crude to local ...

The Sabah government has detailed stricter enforcement measures for State Sales Tax on petroleum products as part of its ...

Uganda’s long-awaited first oil revenues may not materialise in 2026 as widely expected but could instead arrive in 2027, the executive director of the Petroleum Authority of Uganda (PAU), Ernest ...

The Nigerian National Petroleum Company Limited (NNPCL) has projected a crude oil production target of more than two million ...