The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.

The U.S. Energy Information Administration's short-term outlook for oil prices forecast a slide in prices, potentially ...

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

The main characteristic of the movement of oil prices since yesterday was their intense drop erasing the gains made over the ...

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

October WTI crude oil (CLV25) today is down -1.75 (-2.67%), and October RBOB gasoline (RBV25) is down -0.0301 (-1.47%). Crude oil and gasoline prices are falling sharply today on concerns of a global ...

U.S. crude oil production has reached an all-time high, defying expectations of decline, though growth is slowing.

October WTI crude oil (CLV25 ) on Thursday closed down -0.49 (-0.77%), and October RBOB gasoline (RBV25 ) closed down -0.0025 ...

Rig counts continue to fall, suggesting looming production declines unless prices rebound further.

U.S. energy firms this week held the number of oil and natural gas rigs operating steady, energy services firm Baker Hughes said in its closely followed report on Friday.

Oil prices marched to their highest levels in two weeks on Tuesday, gaining ground despite plans to increase the flow of crude oil to world markets next month. A powerful group of oil producers ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services ...