The EIA now sees the WTI spot price averaging $63.88 per barrel in 2025 and $57.48 per barrel in 2026, according to the STEO.

Oil fell to close below $60 a barrel for the first time since 2021 after the Trump administration moved to intensify a ...

Oil prices rebounded after the president delayed widespread tariffs, but the industry and analysts are uncertain about what's ...

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

The West Texas Intermediate oil price dipped to $55.12 US per barrel early Wednesday, leaving analysts to speculate on what's around the corner at a time of mass economic instability. And while ...

Oil prices experienced a significant drop, with West Texas Intermediate crude momentarily falling below $60 per barrel. President Trump's recent tariff announcements have sparked fears of a global ...

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

NEW YORK: Brent and West Texas Intermediate crude climbed more than US$1 on Friday after US Energy Secretary Chris Wright said the United States could end Iran's oil exports as part of an effort ...

West Texas Intermediate crude, the key U.S. A decommissioned pumpjack, right, sits idle beside a functioning one drawing out ...

West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on Friday's modest gains and attract fresh sellers near the $61.60 area at the start of a new week. The commodity currently ...

In global markets, the price of Brent crude went down by USD 4.81 to settle at USD 70.14 pb, and the price of West Texas ...

Oil prices are already reflecting those expectations. The price for West Texas Intermediate crude was $77.88 a barrel when Trump took office. Since then, it has steadily declined until bottoming ...