Suncor Energy Inc. is a high-quality oil company with strong Q1 performance, high utilization rates, and significant cash ...

Alberta is freezing its industrial carbon tax in a bid to help companies struggling with the effects of U.S. tariffs, ...

With his trade war, the president has also trampled on global demand for hydrocarbons. Since he returned to the Oval Office, ...

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

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

President Donald Trump announced that his administration would tackle rising drug costs in the United States by establishing ...

What a difference a week makes. Exactly this time last week, Oil was in pullback mode — now the world’s number one traded Commodity is soaring back stronger than ever.

Oil futures jumped early Monday, boosted after the U.S. and China agreed to sharply cut tariffs on each other. The boost for crude accompanies a rally in other assets perceived as risky, with stocks ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...

World shares and U.S. futures have surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...