Oil prices posted their steepest weekly loss in three months, as the market, already concerned about weakening demand, coped ...
Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
Second, saying the shale boom “saved American consumers” from high oil prices ignores the fact ... In November 2014, OPEC ...
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 ...
The oil industry experienced three upheavals between 1973 and 1991, which seem to be etched in the memory of the industry's ...
Sheffield, the FTC alleges, "campaigned to organize anticompetitive coordinated output reductions between and among U.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 ...
Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors weighed weak U.S. jobs ...
In a report sent to Rigzone late last week, analysts at J.P. Morgan said they now expect the OPEC alliance will likely keep production targets unchanged when ministers meet on June 1.
So far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and ...