Exxon Mobil’s stock hits a new high. Its CEO’s call on Venezuela may be helping.
President Trump has threatened to cut Exxon Mobil out of oil deals in Venezuela, but that hasn’t derailed the rally in the energy giant’s shares.
Last updated: 2026-01-15 15:23:04 ET
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President Trump has threatened to cut Exxon Mobil out of oil deals in Venezuela, but that hasn’t derailed the rally in the energy giant’s shares.
His comments come shortly after Exxon CEO Darren Woods said the Venezuelan market is "uninvestable" in its current state.
President Donald Trump on Sunday threatened to exclude Exxon Mobil from any oil deals in Venezuela, after the oil giant apparently didn’t display en...
Exxon CEO calls Venezuela 'uninvestable' during meeting with Trump
Trump holds a meeting of oil CEOs at the White House to project support for his Venezuela plans. But the companies are skeptical.
"Today it's uninvestable," Exxon chief executive Darren Woods says of Venezuela.
President Donald Trump has invited U.S. oil companies to a meeting at the White House on Friday, which is expected to begin at 2:30 p.m. Eastern time.