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US Senate committee probes oil producers on price collusion with OPEC https://t.co/zTVIe5HNvh https://t.co/WItPljOrGv
A US Senate committee is investigating whether oil producers are illegally coordinating with OPEC to raise prices, following allegations that the former head of Pioneer Natural Resources colluded with the cartel. https://t.co/EswZYVzouh
US Senate committee probes 18 oil producers about any oil price collusion with OPEC #oott https://t.co/F8jc3Y32Cq
On June 27, 2024, the US Senate Budget Committee is investigating 18 oil producers for potential illegal coordination with OPEC to manipulate oil prices. This inquiry follows allegations that the former head of Pioneer Natural Resources colluded with the cartel. The committee aims to determine whether these oil producers engaged in activities to unlawfully influence oil prices.