Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...

OPEC+ is likely to keep oil production unchanged in June due to stable inventories and prices, but may rescind some previous ...

Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...

Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas ...

Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.

OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...

As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...

NEW YORK, May 7 (Reuters) - World oil demand is expected to grow lesser this year than ... from regions outside the Organization of Petroleum Exporting Countries (OPEC), while also lowering its ...

A US regulator on Thursday alleged a former oil chief executive tried to collude with Opec members to raise American petrol ...

LONDON/MOSCOW (Reuters) - OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of ...

The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...

Oil prices fell over 1 percent Monday in Asia following a decline of more than 3 percent Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC ...