The FTC is looking for a 'smoking gun' as it investigates whether U.S. oil giants colluded with OPEC
Briefly

FTC investigating major oil executives for possible collusion with OPEC officials on market dynamics, which could violate US antitrust laws.
The agency aims to find evidence of illegal communications, as seen in mergers' reviews, potentially leading to a case referral to the Justice Department.
Read at Fortune
[
|
]