Organization of the Petroleum Exporting Countries – Page 3

F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources

The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.

By Clifford Krauss

Commodities Economic Conditions and Trends Inflation (Economics) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries

Why Oil Prices Have Been Rising Recently

The increase this year, prompted by geopolitical worries and supply constraints, has sent gasoline prices higher and could hamper efforts to tame inflation.

By Stanley Reed

Middle East Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Production Saudi Aramco

OPEC to Extend Oil Production Cuts Through June

Saudi Arabia’s announcement appears to be aimed at bolstering oil prices as growth in demand remains modest.

By Stanley Reed

Drilling and Boring Mohammed bin Salman (1985- ) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Production Saudi Arabia Saudi Aramco

Saudi Aramco Abruptly Drops Plans to Expand Oil Production

The pullback, at the behest of the Saudi government and made with little comment, probably reflects a more subdued outlook for demand of Saudi Arabia’s oil.

By Stanley Reed

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