Based in Odessa, Texas, the Odessa American was founded in 1940. Odessa American 700 N. Grant Ave., Suite 800 Odessa, TX 79761-4590 (432) 337-4661 ...

Ukrainian Foreign Minister Andriy Sybiha called on Tuesday for the Group of Seven advanced economies to reduce its price cap on Russian seaborne oil to $30 per barrel. The current G7 price cap is $60 ...

MEXICO CITY – An American family operating a Texas oil company near the border has been ... federal prosecutors announced on May 30. James L. Jensen, wife Kelly A. Jensen and sons Maxwell ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand. By Rebecca F. Elliott U.S. oil ...

Nearly four billion barrels of oil have been produced in Illinois since commercial production began way back in 1905. Pump jacks are as common — albeit spread out — in southeastern Illinois as ...

Brent projected to average $66.98 per barrel in 2025 WTI to average at $63.35 per barrel in 2025 For table of crude price forecasts, click May 30 (Reuters) - Analysts have revised down their oil ...

2-Year U.S. Treasury Note Continuous Contract $103.516-0.008-0.01% 5-Year U.S. Treasury Note Continuous Contract $107.734 0.031 0.03% 10-Year U.S. Treasury Note Continuous Contract $110.250 0.094 ...

U.S. oil companies are pulling back as lower commodity prices take a toll. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying ...

OKEA ASA and its partners in production license 055 have made a discovery that is estimated to hold 300,000 to 2.8 million barrels of recoverable oil equivalent along the eastern flank of the ...

Thirty to 40 gallons of oil recently spilled into Quarry Trail Metro Park's waterways, likely due to illegal dumping, according to a Metro Parks spokesperson. On Sunday, May 11, a park employee ...

is proud to announce that production has officially commenced at its flagship Fritz 2-30 well in Clay County, Indiana. This significant milestone marks BGX's evolution from an ambitious exploration ...

MOSCOW, May 30 (Reuters) - Russia has increased supplies of its oil from the Arctic to Syria, which needs the feedstock for its refineries, according to shipping data cited by an industry source ...