Russia’s Deputy Prime Minister has said that Russia is ready to alter the OPEC+ agreement if necessary, adding that it will ...
OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...
The FTC has accused Scott Sheffield of colluding with OPEC. But this entire industry was built on price fixing in one form or ...
Last week, the Federal Trade Commission (FTC) shared documents that would seem to suggest that U.S. shale oil firms ...
Net income was 102.27 billion riyals ($27.27 billion), down from 119.54 billion riyals ($31.88 billion) for the same period ...
Second, saying the shale boom “saved American consumers” from high oil prices ignores the fact ... In November 2014, OPEC ...
Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas ...
NEW YORK, May 7 (Reuters) - World oil demand is expected to grow ... The agency hiked its production forecasts from regions outside the Organization of Petroleum Exporting Countries (OPEC), while also ...
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to ...
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's decision makers. Naturally, at the sign of a new crisis, the decision makers ...
Sen. Bill Hagerty, R-Tenn., reacts to OPEC’s decision to cut oil production along with America’s growing crime crisis on ‘Mornings with Maria.’ Johnny Lauder recounts his half-mile swim to rescue his ...
So far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and ...