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Market Chatter: ExxonMobil Set to Pursue Venezuela Business, Trump Says

Market Chatter: ExxonMobil Set to Pursue Venezuela Business, Trump Says

MT newswireMT newswire2026/09/01 10:31
06:31 AM EDT, 09/01/2026 (MT Newswires) -- ExxonMobil (XOM) is among several major oil companies planning to pursue business in Venezuela, multiple news outlets including Reuters reported late Monday, citing comments made by US President Donald Trump at a press event in the Oval Office. Trump said ExxonMobil and Chevron (CVX) are among companies preparing to bid for projects in the Venezuelan market, while other firms are also competing, the Reuters report said. ExxonMobil did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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