Alberta is freezing its industrial carbon tax in a bid to help companies struggling with the effects of U.S. tariffs, ...

With his trade war, the president has also trampled on global demand for hydrocarbons. Since he returned to the Oval Office, ...

US stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world ...

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

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

President Donald Trump announced that his administration would tackle rising drug costs in the United States by establishing ...

What a difference a week makes. Exactly this time last week, Oil was in pullback mode — now the world’s number one traded Commodity is soaring back stronger than ever.

Oil futures jumped early Monday, boosted after the U.S. and China agreed to sharply cut tariffs on each other. The boost for crude accompanies a rally in other assets perceived as risky, with stocks ...

Amplify initiated a development drilling program in the prolific Beta oilfield in 2024 to demonstrate the significant upside potential of the asset and generate strong incremental cash flows for the ...

The author expects the market to gyrate in the 5,000-6,000 range with a 5,500 inflection for the S&P 500 Index during the ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...