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US rig count down four as prices climb

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

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Oil Dips, But Posts Weekly Gain on Solid 2024 Demand Outlook

Oil prices rose 4% for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024.

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Oil dips, but posts weekly gain on solid 2024 demand outlook

Oil futures prices settled slightly lower on Friday (Jun 14) after a survey showed deteriorating US consumer sentiment, but prices rose 4 per cent for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024.

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Oil future prices head for weekly gain on solid 2024 demand outlook

US consumer sentiment weakened in June to a seven-month low as inflation and income worries linger, a survey showed on Friday

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Strong imports drive surprise crude stock build, fuel inventories also rise, EIA says

Strong imports drive surprise crude stock build, fuel inventories also rise, EIA says
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