Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...
Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.
The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
LONDON/MOSCOW (Reuters) - OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of ...
A US regulator on Thursday alleged a former oil chief executive tried to collude with Opec members to raise American petrol ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic ...
OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...
OPEC convened a workshop today to address oil overproduction issues and devise comprehensive compensation plans to make up for previous overages, according to an official OPEC press release. The push ...
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.