The sun begins to set behind crude oil tanks and a pumpjack Tuesday, July 5, 2022 in Midland, Texas. (Odessa American/Eli Hartman) The global oil market just got something of a double boost from a ...

OPEC+ will likely raise oil output again in November as the group continues its strategy to reclaim global market share, according to people familiar with its plans. Image by Torval Mork via iStock ...

A pumpjack and a Yellowjacket Oilfield Services fracking rig sit next to Highway 191 in Midland County. (Odessa American File Photo) In clear move to take global oil market share from Permian Basin ...

Oil prices came under pressure yesterday with ICE Brent settling more than 2.2% lower, taking it back below US$70/bbl. The sell-off came despite reports suggesting that OPEC+ is near the end of its ...

OPEC and a Russia-led group of producers failed to agree on how to meet fast-rising demand from the industrialized world, as the club of rich nations emerges from pandemic lockdowns. This week’s ...