A Singaporean oil tycoon and his family have been ordered to pay $3.5 billion in compensation for a decade-long fraud scheme that defrauded a bank.

Russian Deputy Prime Minister Alexander Novak expects oil prices' fluctuations will subside following volatility spurred by ...

The letters of the psalm for gratitude to hang on the wall from "Kesem Design" are made of acrylic plexiglass with advanced ...

After starting this past week of trading with anxious buying and creating a high of nearly 72.380, WTI Crude Oil saw a shift ...

Mills: Crude oil and natural gas prices were flat the first half of September, but the Energy Information Administration ...

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

These factors are government, international transactions, speculation and expectation, and supply and demand. Economic ...

After two consecutive weeks of gains, oil prices have fallen back into bear territory this week, as fears about higher supply ...

Two researchers write in a new paper that Russia was able to brace for the financial penalties imposed after its invasion of ...

Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...

The EIA STEO was published recently. The estimate below is based on data from that report and statistics from the EIA ...

Shares of United States Brent Oil Fund, LP (ARCA: BNO) are trading higher Friday as oil prices react to escalating tensions ...