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Exxon

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25 days ago

Investors should buy shares of Chevron as the company’s exposure to the Middle East is relative to rivals, according to HSBC.

74 days ago

ExxonMobil CEO Darren Woods in a CNBC interview stood by comments on Venezuela's oil industry that angered President Donald Trump.
Last year, crude oil logged the biggest annual price decline since 2020.

90 days ago

Exxon isn't rushing back to Venezeula, but it stands to benefit in other ways.

3 months ago

His comments come shortly after Exxon CEO Darren Woods said the Venezuelan market is "uninvestable" in its current state.
US president attacks oil major’s chief executive over his scepticism about investing in South American country
The CEOs of Exxon and Conoco are wary of returning to Venezuela. Chevron is ready to quickly ramp up production.
Venezuela owes Conoco about $10 billion and Exxon about $2 billion, according to a JPMorgan note published on Monday.
This is not what one would expect with crude oil trading under $60 a barrel and nearing new 52-week lows.

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