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

The West Texas Intermediate for March delivery gained 4 cents, or 0.05 percent, to settle at 74.66 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery went up 21 ...

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

West Texas Intermediate (WTI) Oil price extends its losing streak for the sixth successive session, trading around $74.90 during the early European hours on Thursday. Crude Oil prices decline amid ...

West Texas Intermediate (WTI) Oil price declines for the fifth consecutive session, trading near $75.40 per barrel during European trading hours on Wednesday. The drop in crude Oil prices comes after ...

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 ...

According to the AAA Arkansas Weekend Gas Watch, the state average for regular unleaded fuel is now $2.78 a gallon. That’s six cents more than last week and 13 cents more than a year ago. West Memphis ...

Oil took a sharp turn lower in Thursday dealings after President Donald Trump, speaking remotely at the annual meeting of the World Economic Forum in Davos, S ...

Oil prices slipped in Asian trading on Tuesday after President Donald Trump announced a plan to boost U.S. oil and gas ...

In November 1976, the United Arab Emirates was on a date with the birth of the Emirates News Agency, as a news and knowledge media entity that expresses the country, and on June 18, 1977, “WAM” ...

Losses to Georgia Tech and Notre Dame (its only regular-season meetings) prevent North Carolina from placing even higher, but ...