U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

As President Donald Trump enters the first 100 days of his second term, he is once again making his stance on the oil and gas ...

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

But while the phrase may energize some, many West Texas oil producers are taking a more ... “The drilling rig count is flat, which means there won’t be much more growth going on from people ...

My expectation for April West Texas Intermediate (WTI) oil prices are slightly less than they were for January and February.

On average, respondents expect a West Texas Intermediate (WTI) oil price of $68 per barrel at year-end 2025, slightly lower ...

Nationally, the oil and gas rig count is down one from last week ... The regional benchmark Plains-West Texas Intermediate Posting ended Friday at $65.84 per barrel, up $1.08 from last Friday's ...

Baker Hughes said oil rigs fell by two to 484 this week, while gas rigs rose by one to 103. In the Permian basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale ...