The benchmark crude WTI (CM:CL) has recorded modest gains this week, fueled by slight hopes of a Fed rate cut following ...
Goldman Sachs analysts said Thursday they no longer expect OPEC+ to partially reverse recent voluntary production cuts in ...
After a recent marginal recovery, oil is currently lurking around $85/barrel. However, that is unlikely to be enough for ...
LONDON, May 2 (Reuters) - OPEC+ oil producers are making voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first half of 2024, led by Saudi Arabia rolling over an ...
Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
OPEC+ is likely to keep oil production unchanged in June due to stable inventories and prices, but may rescind some previous ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
May 8 (Reuters) - Russia cut its crude oil production by less than pledged last month, exceeding a target agreed on in March ...
The FTC has accused Scott Sheffield of colluding with OPEC. But this entire industry was built on price fixing in one form or ...
Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas ...
With Opec-plus production cuts due to expire in December and new targets needed for 2025, the thorny issue of baselines is ...
OPEC and its allies have yet to begin formal talks on extending voluntary oil output cuts of 2.2 million barrels per day ...