You might be hearing about the gulf off the coast of the U.S. and Mexico. Here's what to know about the body of water the ...

Phillips 66 reports Q4 adjusted loss, with refining margins declining. Western Canadian crude will continue to flow to U.S. refiners but at greater discount if Trump enacts tariffs.

Hamas has survived Israel’s 15-month war in the Gaza Strip. Now, the militant group is replenishing its ranks, although restocking its weapons supplies will be more difficult.

Oil prices edged lower in early trade as U.S. tariff threats continued to dominate market sentiment. Brent crude and WTI were both down 0.4% to $75.31 and $72.36 a barrel, respectively. The White ...

Distillate fuel inventories grew by 3.1 million barrels. Crude oil imports declined by 304,000 bpd, averaging 6.1 million bpd. Over the past four weeks, crude oil imports averaged 6.5 million bpd.

India has joined China as one of Russia's biggest oil customers. The exports are funding Moscow's war against Ukraine, and ...

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

The Iraq War, in its aftermath, has created dreaded forces like the al-Qaeda, the IS, the ISIS, or the ISIL. As the various regions of the Middle East today lie in ruins, causing hundreds and ...

The attack came amid an uptick in Ukraine's drone attacks on Russia, as Kyiv aims at damaging Russia's oil industry, crucial for sustaining Moscow's war effort. The drones operated by Ukraine's ...

Israel-Hamas war has profoundly altered the Middle East’s geopolitical landscape. Iran and Russia, once dominant forces, have ...

Oil ends lower, with U.S. prices failing to hold above $80 a barrel Israel-Hamas cease-fire deal hits a snag Last Updated: Jan. 16, 2025 at 4:37 p.m. ET First Published: Jan. 16, 2025 at 7:06 a.m. ET ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.