Commercial crude oil stocks fell by 3.5 million barrels and were about 4% below the five-year average for the time of year, ...

By Marianna Parraga, Jarrett Renshaw and Valerie Volcovici WASHINGTON/HOUSTON, Feb 3 (Reuters) - The U.S. government is ...

Venezuela wants to be known as a country with one of the highest oil production levels and not just one with the highest oil ...

Kuwait plans to raise oil production capacity to 4 million bpd by 2035, leveraging low costs, offshore development, and ...

Crude oil stocks, not including the SPR, stood at 420.3 million barrels on January 30, according to the EIA's latest weekly ...

March WTI crude oil (CLH26) today is up +0.79 (+1.25%), and March RBOB gasoline (RBH26) is up +0.0291 (+1.51%). Crude oil and ...

Eight major participants, spearheaded by Saudi Arabia and Russia, reconfirmed the suspension — initially established in November 2025 — via a Sunday video summit ...

Oil oversupply is lower than expected due to IEA revisions and production outages, but analysts forecast falling prices later ...

Mexico sold less than 1% of its total 2025 oil production to Cuba and was paid about $496 million, officials with state-owned oil company Pemex said on Wednesday.

Crude oil prices jumped to four-month highs above $65 per barrel last week, driven by geopolitical tensions between the U.S. and Iran as well as significant production disruptions caused by severe ...

Petróleos Mexicanos, Mexico's state-owned oil company, announced a $24.7 billion investment program to increase and sustain crude oil production ...

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