Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...

Clay Neff, Chevron's head of international exploration and production, told Reuters last month that the Tengiz expansion was ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

Venezuela's state oil company PDVSA has resumed regular imports of light crude as its own output of medium and light grades ...

Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down ...

Oil prices rose on Friday after new sanctions were imposed on Iran's crude exports but were on track for a third straight ...

A hefty rise in weekly U.S. crude supplies contributed to oil's losses this week. The Energy Information Administration reported Wednesday that commercial crude inventories climbed for a second week ...

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

Politically connected Florida magnate Harry Sargeant III has made a fortune off oil and asphalt deals worldwide.

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...