ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

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West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

The price of Kuwait oil went down 9 cents to US$69.98 per barrel on Tuesday, compared to US$70.07 per barrel last Friday, as Kuwait Petroleum Corporation stated on Tuesday.Brent Crude rose by US$1.28 ...

West Texas Intermediate (WTI) crude prices remained subdued on Friday, trading near the mid $65 range amid thin holiday ...

The West Texas Intermediate for August delivery gained 93 cents, or 1.39 percent, to settle at 67.93 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery went ...

HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest since June 2024, data ...

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

US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...

The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures was trading slightly ...

Gas prices are easing ahead of the Fourth of July holiday, AAA Oregon/Idaho reported Tuesday. Oregon and most other states ...

Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output ...