The FTC is investigating whether U.S. oil giants colluded with OPEC and is searching for evidence to support their case.

The FTC’s interest in messages from executives at Hess, Occidental and Diamondback is related to deals that each of the companies is pursuing. Read More…

Read More: https://fortune.com/2024/07/19/ftc-smoking-gun-us-oil-giants-collusion-opec-crude-prices-output/