His tariff backflip means investors are suddenly supported by several tailwinds. But there’s one corner of the market that’s ...

Oilfield services providers are bracing for impact as several large E&P firms are cutting back on drilling programs.

Gasoline prices in California could rise above $8 by the end of 2026, according to a new study. A gallon of regular gasoline ...

Suncor Energy Inc. is a high-quality oil company with strong Q1 performance, high utilization rates, and significant cash ...

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

All told, the S&P 500 rose 184.28 points to 5,844.19. The Dow Jones Industrial Average gained 1,160.72 to 42,410.10, and the ...

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.

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 ...

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

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 ...

World shares and U.S. futures have surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump ...