The West Texas Intermediate for June delivery went up 1.72 U.S. dollars, or 2.78 percent, to settle at 63.67 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery added 1 ...

West Texas Intermediate (WTI) Oil price paused its three-day winning streak, trading around $61.40 per barrel during Asian ...

Oil prices have risen significantly due to a breakthrough in US-China trade negotiations, including tariff reductions, which ...

U.S. crude prices were up about 1.8% at 11:15 a.m. ET, with the NYMEX June West Texas Intermediate crude contract rising by $1.10 to $63.06/bbl while July prices gained $1.11 to $62.67/bbl.

Oil prices were surging on Monday after the U.S. and China brokered a deal to pause most tariffs on each other's goods for ...

Oil prices rocketed more than three per cent Monday after China and the United States agreed to suspend sweeping mutual ...

U.S. crude oil futures climbed more than $1 a barrel on Tuesday as the White House announced Saudi Arabia's plans to invest ...

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

KUWAIT, May 8 (KUNA) -- Kuwait crude oil rose USD 1.97 during Wednesday's trading to reach USD 64.05 per barrel compared with ...

The U.S. Energy Information Administration lowered its West Texas Intermediate spot average price forecasts for 2025 and 2026 in its latest short term energy outlook. Image by Techa Tungateja via ...

CALGARY - Oil and gas giant Canadian Natural Resources Ltd. says it can weather a crude price much lower than where it's been ...