OPEC convened a workshop today to address oil overproduction issues and devise comprehensive compensation plans to make up ...
The FTC said Thursday that Scott Sheffield, who founded Pioneer in 1997, colluded with OPEC and OPEC+ to potentially raise crude oil prices. Sheffield retired from the company in 2016, but he returned ...
Crude oil futures traded higher on Friday morning as market reports indicated that OPEC+ (Organization of Petroleum Exporting Countries and allies) may continue with production output cuts beyond June ...
Economists expect the U.S. added 240,000 jobs in April, down from 303,000 in March. The unemployment rate is seen steady at 3.8%. Average hourly earnings are forecast to have climbed 0.3% from the ...
Prolonged OPEC supply cuts and international sanctions on Venezuela, Iran and Russia had already led to shortages of heavier ...
Prolonged OPEC supply cuts and international sanctions ... but the G7 embargo over its invasion of Ukraine has cut off access ...
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 ...
Exxon Mobil's former CEO Scott Sheffield and Pioneer Natural Resources are hitting the FTC back in a recent statement, ...
Scott Sheffield, the founder and longtime CEO of Texas oil producer Pioneer Natural Resources, attempted to collude with OPEC ...
This shields India from global uncertainty in oil prices. Repeated OPEC threat for cut in production and triggering oil prices increased the vulnerability of oil influenced economic parameters of ...
Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.
A key federal regulator has approved US supermajor ExxonMobil’s $64.5 billion acquisition of producer Pioneer Natural ...