During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.

WTI price faces challenges as traders adopt caution amid rising uncertainty over US trade policy. Trump’s commerce secretary nominee Howard Lutnick suggested that Canada and Mexico could avoid tariffs ...

WTI oil prices fell 4% this week as President Trump called for increased production, while natural gas prices saw a slight ...

US benchmark equity indexes were higher ahead of Thursday's close as traders analyzed the latest set of corporate earnings and awaited Apple's (AAPL) results. The S&P 500 was up 0.4% at 6,064.2, ...

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 ...

The West Texas Intermediate for March delivery added 11 cents, or 0.15 percent, to settle at 72.73 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 28 ...

Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...

The oil market continues to see support overall as the oil markets are factoring in the idea of central bank easing, and of course the potential for further demand coming from that action.

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

According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...

Quantitative strategists at BNP Paribas say they're shorting oil, targeting $71.59 per barrel for West Texas Intermediate. They note that positioning by trend funds is "extremely bullish" at the ...

Brent futures rose by 41 cents to hit USD 77.49 pb and West Texas Intermediate (WTA) went up by 60 cents to USD 73.77 pb. (e ...