Fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies, lifting prices for both U.S. and global benchmark crude sharply on Friday. The [U.S. Department of Treas ...

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

Oil futures ended sharply higher on Friday, as fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies ...

One group is pushing for everything to go electric and found that some of the data that the Energy Department uses need a ...

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

After several weeks of declining fuel prices in the latter part of 2024, costs at the pump are beginning to rise in the new ...

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil ...

Trump has an opportunity to emulate President Ronald Reagan who won the Cold War by breaking the Russian economy. The Russian ...

Kayne Anderson Energy Infrastructure Fund is a Buy due to strong total returns, high yield, and discount to NAV. Click here ...

The U.S. Treasury Department is sanctioning Russian oil companies, tankers, officials and executives. Oil prices jumped on ...

The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.