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Big oil companies defeat US consumer lawsuit over production, prices



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Sept 16 (Reuters) -Several oil companies including Exxon Mobil XOM.N and Chevron CVX.N on Monday defeated an appeal by consumers who accused them of colluding with former President Donald Trump'sadministration, 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.N, Energy Transfer LP ET.N, Occidental Petroleum OXY.N, Phillips 66 PSX.N, Continental Resources, Hilcorp Energy and the American Petroleum Institute.



Reporting by Jonathan Stempel in New York; Editing by David Gregorio

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