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

Four astronauts launch to the space station after being sidelined by Boeing's Starliner trouble and other issues.

September WTI crude oil (CLU25) on Friday closed down -1.93 (-2.79%), and September RBOB gasoline (RBU25) closed down -0.0553 ...

Crude Oil is under pressure heading into the weekend, with the price sliding over 3% on Friday to trade near $66.70, pulling ...

U.S. futures fell after Trump's Thursday announcement of tariff rates of up to 41 per cent for imports from dozens of countries around the world, set to take effect on Aug. 7. The White House said the ...

Should the Fed fail to act, it will have caused an economic depression and deflationary spiral unlike anything we have ever ...

ULSD futures were down by nearly 10cts/gal, with the September contract tumbling 9.76cts to $2.2983/gal and October prices off by 9.61cts to $2.2947/gal. The front-month contract is off nearly ...

U.S. oil producer Chevron expects its exports of Venezuelan crude to the U.S. to resume this month, the company's chief ...

Hummer shared updated full-year 2025 guidance: "We are modestly increasing our expectation for annual revenue to $168 million to $176 million in 2025," with combined revenue guidance, including ...

U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...

Exxon Mobil Corp. and Chevron Corp. posted better than expected results after record oil production cushioned the impact of ...

China's major solar firms have reduced their workforce by nearly one-third due to price wars, overcapacity, and decreasing demand. The solar industry, originally aimed at boosting economic growth, ...