The energy trilemma, a concept developed by the World Energy Council, describes the three competing challenges in the energy ...

Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for their first weekly gain in three ...

U.S. oil prices were up by about 1.8% at about 11:20 a.m. ET, with the July West Texas Intermediate contract up by $1 to $64.37/bbl. The August WTI contract was 87cts higher at $63.32/bbl.

Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

By Erwin Seba HOUSTON (Reuters) -Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for ...

Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...

India’s private refiners are boosting domestic fuel sales as global margins fall and Chinese demand plateaus, banking on ...

The U.S. jobs data for May could prove to be a pivotal stress test of the labor market amid the tariff turmoil. If the labor market weakens only modestly in May, the Fed won't see an urgent need to ...

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

Oil prices edged higher on Thursday, recovering from the previous day's drop, on news that the U.S. and China agreed to more ...

Vice President Kashim Shettima on Thursday led a high-powered delegation of dignitaries and mourners to the National Mosque, ...

Aryn Baker explores how the "Wakanda Rule" offers African nations a blueprint to turn mineral wealth into climate power.