Pakistan's largest refiner, Cnergyico, will import 1 million barrels of oil from American West Texas Intermediate (WTI) crude ...

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

Cnergyico will import 1 million barrels of U.S. crude from Vitol, marking Pakistan’s first American oil deal. Trial run may ...

U.S. West Texas Intermediate (WTI) crude futures rose by $1.09, or 1.56%, to $70.92 per barrel at 2254 GMT on fears of oil supply disruptions in the Middle East after Iran fired ballistic missiles ...

WTI fell 3% during the week as traders focused on negative U.S. economic news and signs of growing oil supplies.

Diesel cracks have remained strong and some additional profit-taking could be keeping a lid on ULSD contracts as the rest of the complex moves higher. The NYMEX August ULSD was off by 2.45cts to ...

After a volatile June, July brought calmer oil markets, with WTI prices holding between $60 and $70 per barrel—my expected ...

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

West Texas Intermediate, the U.S. benchmark for the price of oil, busted through the $80 ceiling with a vengeance last week, moving to the mid-$80 range by the end of the trading day Friday.

According to the Bloomberg report, citing S&P Platts data, European refiners have been importing West Texas Intermediate at the rate of over 400,000 bpd since the start of this year.

Cnergyico Vice Chairman Usama Qureshi told news agency Reuters on Friday that the company will import one million barrels of ...