These are standardised products used to determine the prices for all other types. The reference oil traded most frequently and of major significance for the USA is West Texas Intermediate (WTI ...

Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly ...

Oil prices surged on Wednesday, with West Texas Intermediate light crude rising about 4% to above $80 per barrel for the ...

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.

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

Oil prices ticked up but hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook.Brent crude oil futures rose by 60 ...

A barrel of West Texas intermediate started the year priced ... and the world slowly restarted. Oil prices crept back up. Sheffield talked about what he was trying to do in an interview that ...

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

Despite the increased targets and recognition of more risks to supply, Citi maintained a generally bearish view for 2025 crude markets. It said Trump has let go of a notable hawk on Iranian ...

The West Texas Intermediate for March delivery added 60 cents, or 0.82 percent, to settle at 73.77 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery gained 41 ...

This would normally lead to even lower gas prices. However, something to keep an eye on is rising crude oil prices. West Texas Intermediate (WTI) crude is up $6 per barrel since the start of the year.