News

Oil prices fell over 1% on Wednesday after a U.S. crude supply unexpectedly rose, but losses were limited after the U.S.
Oil prices erased losses on Wednesday after U.S. Treasury Secretary Scott Bessent said sanctions against Russia or secondary ...
Oil prices edged lower on Wednesday after the IEA noted supply overtaking demand this year, while investors awaited Friday's ...
According to a new report from the Energy Information Administration, the demand is largely fueled by data centers – some of ...
The US Energy Information Administration (EIA) has projected a notable decrease in crude oil prices, anticipating that global ...
U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term ...
U.S. electricity usage is expected to grow to new highs in 2025 and 2026, according to a Tuesday projection. The forecast, ...
Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Milder weather forecasts for the second half of August, combined with robust storage levels and output, pushed US natural gas ...
Forecasts from the Energy Information Administration (EIA) reveal that US power consumption will reach record highs in 2025 ...