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

Malaysia is said to follow a “buy cheap, sell high” strategy in the global oil trade. But what exactly is bought cheaply and sold at higher prices? This article explains.

The Dangote Petroleum Refinery says the recent N100 increase in its petrol ex-depot price was driven by rising global crude ...

Despite being the world’s largest oil producer, the United States is facing rising gasoline prices as Middle East tensions ...

The world's largest known natural gas reserve in Iran came under Israeli attack on Wednesday, prompting Trump to rush to ...

Nigeria spent over N5 trillion on crude oil imports in 2025 despite being Africa’s largest oil producer, as domestic ...

Energy experts in Nigeria’s downstream petroleum sector have firmly backed the Dangote Refinery’s N995 per litre gantry price ...

As the Strait of Hormuz remains largely blocked amid the US-Israel war on Iran, Saudi Arabia is redirecting crude through its ...

Bahrain’s state oil company, BAPCO, has declared force majeure for its shipments after an Iranian attack on its major refinery caused a massive fire.