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 ...
OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...
LONDON, May 2 (Reuters) - OPEC+ oil producers are making voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first half of 2024, led by Saudi Arabia rolling over an ...
Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...
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 ...
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 ...
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...