A bill making its way through a special session of the California legislature could, if passed into law, help lower the price of a gallon of gasoline at the pump.

Two researchers write in a new paper that Russia was able to brace for the financial penalties imposed after its invasion of ...

Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...

However, the blast in Beirut on Friday, which Israel claimed was a “precise strike on the Central Headquarters of the Hezbollah terror organization — that served as the epicenter of Hezbollah’s terror ...

Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.

Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...

Hurricane Helene looks like it will miss key oil production and refining area, reducing its impact on fuel supply.

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

The Monetary Policy Committee (MPC) of the Bank of Ghana has lowered the policy rate by 200 basis points to 27 per ...

The Arab oil embargo is the most significant geopolitical event with the highest impact on the S&P 500. The Arab oil embargo ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...