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

A massive oil refinery responsible for 30% of Russia’s gas consumption was ignited during an assault by dozens of Ukrainian drones, Kyiv said. The Lukoil oil refinery in Russia’s Nizhny Novgorod ...

Oil prices have fallen 20% since Trump took office, but California drivers see little relief at the pump due to soaring refinery profit margins. Global refining capacity is squeezed by Ukrainian ...

LONDON/NEW YORK/NEW DELHI, Nov 18 (Reuters) - Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and ...