Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Trump Slams Big Oil Amid Crude Price Plunge

Guavy AI Editorial Team
Instruments
Oil
Share

US markets are poised to open higher, despite oil prices sliding after President Donald Trump criticized big oil companies for excessive profits. Trump said on Monday that they 'made too much money' and should give some back to the public.

Futures for the Dow Jones Industrial Average rose 1.2%, while S&P 500 futures increased 0.3% and Nasdaq futures jumped 1.1%. Oil prices dropped nearly 3% early Tuesday after Trump's comments.

Trump targeted Chevron and Exxon Mobil, saying they should cut retail prices despite the higher margins reflecting energy prices that had increased after his war with Iran and the Strait of Hormuz was closed to oil tankers.

More on Commodities

Commodities 3m ago

Trump Slams Oil Companies Over 'Too Much Money' Amid Iran War-Driven Price Spike

Commodities 3m ago

Diplomatic Breakthrough Calms Global Energy Anxiety

Commodities 3m ago

Oil Prices Stabilize Amid Ongoing US-Iran Conflict Talks

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy