Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas prices high.
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 with mounting speculation that OPEC's June meeting could expose cracks in ...
Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs ...
OPEC and its allies could play a major role in the outcome of the U.S. presidential election this November, as observers ...
So far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and ...
Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.S.
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry’s ...
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 U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
Despite ongoing geopolitical conflict, oil prices and volatility are relatively low A rise in U.S. crude production and weak ...
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...