The OPEC+ alliance has committed to sustaining existing production cuts of 2 million barrels per day until the end of 2025, aiming to support crude oil prices amidst global economic uncertainties.

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have decided to extend their voluntary production reduction of 2.2 million barrels of crude oil per day until 2025.

Vermont enacts legislation requiring fossil fuel companies to bear the cost of climate change damages, sparking potential legal battles.

Former President Trump assures oil industry leaders of fast-tracking merger approvals during a closed-door fundraiser.

Jeep introduces the Wagoneer S, its inaugural fully electric SUV catering to North American markets, marking a significant shift in its product portfolio.

A potential copper scarcity and industry limitations pose significant obstacles to the global electric vehicle transition as demand outpaces supply.

Senate Democrats, led by Chuck Schumer, request a comprehensive DOJ investigation on alleged Big Oil collusion and price-fixing to tackle rising fuel costs.

ConocoPhillips completes purchase of Marathon Oil in a significant all-stock transaction valued at $22.5 billion.

New Mexico conducts basic income experiment offering $500 monthly support to mixed-status immigrant households.