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Crude oil prices increased on Friday, marking the first weekly gain in three weeks. This rise followed a positive U.S. jobs ...
Market Roundup US Average Hourly Earnings (YoY) (May): 3.9%, 3.7% forecast, 3.9% previous US Average Weekly Hours (May): 34.3, 34.3 forecast, 34.3 previous US Government Payrolls (May): -1.0K, 1.0K ...
Oilfield services firm Baker Hughes said Friday its U.S. rig count fell four rigs to 559, the sixth consecutive weekly ...
The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The number of total oil and gas drilling rigs in the U.S. fell for the sixth consecutive week, down by 4 to 559 to the lowest count since November 2021, Baker Hughes reported.
Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time ...