Sept 16 (Reuters) - Several oil companies including
Exxon Mobil ( XOM ) and Chevron ( CVX ) on Monday defeated an
appeal by consumers who accused them of colluding with former
President Donald Trump's administration, Russia and Saudi Arabia
to cut oil production, boosting prices at the pump.
The 9th U.S. Circuit Court of Appeals in San Francisco said
the consumers' claims were largely barred because they addressed
political questions, and sought to litigate the oil-producing
policies of foreign countries.
It also found a lack of proof that the oil companies
violated antitrust law by conspiring to raise prices.
Other defendants included Devon Energy ( DVN ), Energy
Transfer LP ( ET ), Occidental Petroleum ( OXY ), Phillips 66
, Continental Resources, Hilcorp Energy and the American
Petroleum Institute.