North Dakota Sen. John Hoeven urged the state’s coal and oil industries to work together to thrive in the long term and meet ...

Oil prices erased losses on Wednesday after U.S. Treasury Secretary Scott Bessent said sanctions against Russia or secondary ...

The US Energy Information Administration (EIA) has projected a notable decrease in crude oil prices, anticipating that global ...

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

Oil prices edged lower on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday's ...

Energy Information Administration or EIA stated in a latest monthly update that Indias Petroleum and Other Liquid Fuels Consumption is expected to witness a steady increase in new few quarters. It ...

Forecasts from the Energy Information Administration (EIA) reveal that US power consumption will reach record highs in 2025 ...

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

The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...

Despite earlier predictions of a peak, US shale oil production is continuing to grow, driven by efficiency gains and a slower energy transition, though challenges remain.

U.S. crude oil inventories rose by 3 million barrels last week as domestic production and imports increased.

Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...