2 May 2026 - 03:20
Oil Companies Defy Trump's Pressure to Increase Production

Despite Trump's pressure, American oil companies have announced that the current crisis has not caused any increase in production or changes to their plans.

AhlulBayt News Agency (ABNA): The Financial Times reported in an article, "U.S. oil supermajors, despite the White House's request for more drilling to curb soaring gasoline prices in America, have insisted on keeping their output steady."

Citing the performance of Exxon, the Financial Times wrote, "Exxon announced that it has made no change to its strategy."

According to the report, Chevron also emphasized that the current crisis has not caused any changes to its plans.

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