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

West Texas Intermediate, the U.S. benchmark for the price of oil, busted through the $80 ceiling with a vengeance last week, moving to the mid-$80 range by the end of the trading day Friday.

The first full week of August was another week with just small price changes at the gas pumps around the U.S., Oregon and the ...

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

Enterprise Products Partners said on Wednesday it was responding to a crude oil leak from the company's oil terminal in ...

West Texas Intermediate crude has touched all-time highs and lows in the past 12 years. A light, sweet crude oil that is traded and delivered at Cushing, Oklahoma, a key U.S. hub, it's typically ...

According to the Bloomberg report, citing S&P Platts data, European refiners have been importing West Texas Intermediate at the rate of over 400,000 bpd since the start of this year.

Enterprise Products Partners said on Friday the Seaway crude oil pipeline system had resumed full operations after a leak from the company's oil terminal in southeast Houston earlier this week.

West Texas Intermediate (WTI) (91.50) has a short momentum read in the mid-term.

Trade desk updates recently highlighted continued consolidation above 95.00 on West Texas Intermediate (WTI) (96.80), and for USO (39.50), the ETF that tracks oil momentum, to consolidate above 37.50.

West Texas Intermediate (WTI) crude oil has been struggling lately, breaking below critical support levels, and experts are taking notice. According to Adam Turnquist, chief technical strategist ...