The WTI price remains under selling pressure amid concern about the impact of US import tariffs on global economic growth and ...

Oil futures sank to multi-year lows amid trade war worries and the prospects of more oil coming into the market.

The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include ...

Crude oil prices fell below $70 due to economic concerns and fears over President Trump's tariffs on Mexico, Canada, and ...

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

The price for West Texas Intermediate, the U.S. benchmark, averaged $76.55 in 2024, the Energy Information Administration reported. National oil companies have a hard time constraining themselves ...

There are supply-and-demand and geopolitical reasons for the price move, but the truth is that this type of volatility isn't ...

The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) ...

The Brent crude benchmark sits at a six-month low below the $70 per barrel-mark. The OPEC+ cartel will increase its ...

Crude oil futures declined on Tuesday due to weak global demand, with both West Texas Intermediate and Brent crude trading ...

Oil prices gained on Friday but retreated from session highs after US President Donald Trump threatened sanctions on Russia if it fails to reach a cease-fire with Ukraine.