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American oil tycoon accused of trying to conspire with OPEC to inflate prices
CNN Business via Yahoo Finance· 15 hours agoScott Sheffield, the founder and longtime CEO of Texas oil producer Pioneer Natural Resources,...
OPEC+ could extend oil cuts, formal talks yet to start, sources say
Reuters via Yahoo Finance· 1 day agoOPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of 2.2...
FTC to approve major Exxon deal — but exclude key executive over OPEC contacts
Politico via Yahoo Finance· 2 days agoThe class-action lawsuit alleges Pioneer and the other companies had for several years coordinated...
Former Pioneer CEO Is Accused of Trying to Collude With OPEC
The Wall Street Journal· 24 hours agoOPEC+ is the wider group of oil producers that includes OPEC and several others led by Russia. The...
Explainer-What OPEC+ oil output cuts are currently in place? By Reuters
Investing.com· 1 day agoExplainer-What OPEC+ oil output cuts are currently in place?
Oil-Watchers Expect OPEC+ to Extend Supply Cuts Into Second Half
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- OPEC+ is expected to prolong oil output cuts into the second half of the year as it...
FTC rocks oil industry with claim that Texas executive was colluding with OPEC to fix prices
Fortune· 1 day 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 ...
Restaurants are competing for frugal diners’ dollars
CNN Business via Yahoo Finance· 7 hours ago“Mr. Sheffield’s communications were designed to pad Pioneer’s bottom line — as well as those of oil companies in OPEC and OPEC+ member states — at the...
Analysis-Heavy oil shortage spells higher cost for shippers, road builders By Reuters
Investing.com· 12 hours agoProlonged OPEC supply cuts and international sanctions on Venezuela, Iran and Russia had already led...
FTC says Texas oil exec sought to work with OPEC to boost prices
Politico via Yahoo Finance· 1 day agoPioneer is the leading producer in the Permian basin, the biggest U.S. oil field. In some of the public comments in the redacted public version of the FTC’s complaint, Sheffield is quoted...