Scott Sheffield, the former CEO of Pioneer Natural Resources, is a hero of the Texas oil industry. But the U.S. government has accused him of working with OPEC to fix prices.

OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for ...

President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World ...

U.S. President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for ...

U.S. President Donald Trump called for OPEC to lower oil prices and demanded global interest rate cuts during his address to the World Economic Forum in Davos. Trump warned that countries ...

Crude oil futures fell on Thursday after President Donald Trump said he will ask Saudi Arabia and OPEC to reduce prices. “I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil,” ...