FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat
Publishing timestamp: 2024-05-02 13:55:12
Summary
The FTC accuses former Pioneer Natural Resources CEO of colluding with OPEC to raise prices, leading to a complaint and potential criminal investigation. Pioneer denies allegations but the situation is still developing.
Sentiment: NEGATIVE
Keywords: markets, sheffield, pioneer natural resources co, oil and gas, business news, energy, products and services, exxon mobil corp, breaking news: markets,