Skip to content
Back to Guavy Wire
Stocks

Trump Takes Aim at Exxon and Chevron Over Soaring Oil Profits

Instruments
CVX
Share

US President Donald Trump has lashed out at Exxon and Chevron over their soaring oil profits. Speaking on Fox Business, he criticized the two companies for raking in record-breaking revenues while Americans struggle with high gas prices.

In a segment of The Claman Countdown, Trump expressed his frustration, stating that 'it's not fair' to see such large profits while everyday people are struggling. He specifically targeted Exxon and Chevron, saying they are making 'a lot of money' and should be doing more to help Americans cope with the rising cost of living.

The comments come as the global oil market continues to experience volatility, with prices fluctuating due to various factors such as geopolitics and supply chain disruptions. Trump's remarks have sparked debate among experts and politicians, with some arguing that his criticism is misplaced and others supporting his stance on corporate responsibility.

More on Stocks

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.

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

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc