Tristar, has acquired a 37% stake in the Saldanha Bay crude oil terminal, strategically positioned on South Africa's west coast, amidst changing global oil supply dynamics ...

He’s right to recognize that pressuring the Kremlin’s main cash cow is a way to grab Putin’s attention, but his approach is ...

In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve ...

Brent crude oil prices are expected to rise to $80-$82 per barrel by the end of 2025, as tensions between the United States ...

Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron’s $53 billion deal to buy Hess.

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

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

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.

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

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 ...

Oil prices fell more than $2 a barrel on Friday morning on jitters about a possible increase in production by OPEC and its ...