Oil prices diverged at settlement on Tuesday amid tariff drama between Washington and Beijing, and after U.S. President Donald Trump restored his "maximum pressure" campaign on Iran, in a bid to drive ...

Oil futures put in a mixed performance with Chinese retaliatory tariffs on U.S. LNG and oil pressuring U.S. benchmark crude. WTI settles down 0.6% at $72.70 a barrel, while international benchmark ...

Florida's average gas price dropped $0.15 last week with three Southwest Florida counties leading the way with the lowest ...

After announcing steep tariffs on Mexico and Canada, President Donald Trump has put them on pause for one month after ...

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

U.S. oil prices slipped on Tuesday on tariff drama between Washington and Beijing, then pared losses after an official said ...

U.S. crude oil inventories likely rose for a second straight week along with a further build in gasoline stocks, according to a survey by The Wall Street Journal. Commercial crude stockpiles are ...

Marathon Petroleum Corporation (NYSE:MPC) shares are trading higher after it reported fourth-quarter results. Total revenues ...

President Donald Trump has taken executive action to impose or threaten new tariffs on imports from Canada, Mexico and China.

Venezuela's oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major ...

An additional 10% tariff on China imports to the U.S. took effect Tuesday, while China announced a 15% tariff on U.S. coal ...

Fears of a major trade war between China and the U.S. caused both oil and gas prices to drop dramatically on Tuesday morning.