Ford County, Kansas, has initiated legal action against major oil companies, including ExxonMobil and Chevron, alleging false representations regarding plastic recyclability.

President-elect Trump's nominations for key energy-related Cabinet positions indicate a strong push towards expanding fossil fuel production and rolling back climate regulations.

The International Energy Agency predicts a surplus of one million barrels of oil per day in 2025, citing China's economic slowdown and increased US production as key factors.

ExxonMobil CEO Darren Woods challenges the notion of an imminent US oil boom, citing current market saturation and limited short-term production opportunities.

Russia's oil revenue, a major source of income for the country, fell by nearly 30% year-over-year in October due to fluctuating global crude prices.

OPEC+ delays planned production increases through December due to weak demand and falling prices.

Major oil companies are ramping up production, potentially weakening oil prices as OPEC contemplates boosting supply.

Oil markets experience significant drop following Israel's limited strike on Iran, which avoided major crude production sites.

Major oil producers Saudi Arabia and Russia are seeking new ways to power their economies as global oil market dynamics shift.