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American oil tycoon accused of trying to conspire with OPEC to inflate prices – KION546
KION 46 Salinas· 4 days agoScott Sheffield, founder and longtime CEO of a leading American oil producer, attempted to collude...
Saudi Aramco Says Q1 Profit Down 14.5 Percent
International Business Times· 9 hours agoThe world's biggest crude exporter, whose profits dropped by a quarter last year, is currently producing roughly nine million barrels per day (bpd), well...
US oil executive censure puts spotlight on shale-OPEC meetings
Reuters· 5 days agoA U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization...
Russian Crude Flows Top 2023 Levels With Refineries Constrained
Bloomberg via Yahoo News· 2 hours ago(Bloomberg) -- Russia’s crude flows rebounded in the seven days to May 5, with additional vessels...
OPEC+ likely to extend oil production cuts in June: Insight
Gulf Business· 3 days agoOil inventories and prices close to the long-term average imply ministers are likely to decide to...
US oil executive censure puts spotlight on shale-OPEC meetings
Colorado Springs Gazette· 5 days agoA U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization...
FTC rocks oil industry with claim that Texas executive was colluding with OPEC to fix prices
Fortune· 5 days agoThe antitrust agency says it found evidence Sheffield sought to communicate with OPEC and US peers about oil pricing and output, potentially driving up costs for consumers ...
US greenlights Exxon-Pioneer deal, alleges shale founder colluded with OPEC
MSN News· 5 days agoFormer Pioneer CEO Scott Sheffield coordinated efforts with U.S. shale oil producers to constrain...
FTC’s Surprise Attack on US Oil Icon Rattles Shale Sector
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- The Federal Trade Commission’s allegations that shale trailblazer Scott Sheffield...
FTC says Texas oil exec sought to work with OPEC to boost prices
Politico via Yahoo Finance· 5 days agoThe Federal Trade Commission on Thursday accused the former head of a Texas oil company of seeking to collude with his OPEC competitors to sync U.S. oil production and inflate ...