Last week, the Federal Trade Commission (FTC) shared documents that would seem to suggest that U.S. shale oil firms ...
OPEC+ is likely to keep oil production unchanged in June due to stable inventories and prices, but may rescind some previous ...
Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
The FTC has accused Scott Sheffield of colluding with OPEC. But this entire industry was built on price fixing in one form or ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
LONDON/MOSCOW (Reuters) - OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of ...
OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...
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.
A US regulator on Thursday alleged a former oil chief executive tried to collude with Opec members to raise American petrol ...
The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
NEW YORK, May 7 (Reuters) - World oil demand is expected to grow lesser this year than earlier estimates and output should ...