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

Low- and middle-income Americans, who have been squeezed particularly hard by rising prices generally over the past year, are ...

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

The world is producing more oil than it needs, so 2026 prices are expected to be lower. The question is how low a barrel will ...

The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that ...

Oil prices moved up modestly Wednesday after Baker Hughes reported a big weekly drop in the number of active U.S. oil rigs. The decline in rigs suggests that producers are cutting back on output, said ...

The total number of active drilling rigs for oil and gas in the United States fell by 4 this week, according to new data that ...

(Reuters) -U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed ...

NEW YORK (Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, with oil rigs dropping to a four-year low, energy services firm ...

KLX Energy has faced persistent pressure from declining oil rig activity, but recent natural gas trends offer some ...