Trump Is Remaking the Global Oil Market, and Exxon and Chevron Want In

The article discusses how Exxon Mobil and Chevron are expanding their production in countries associated with OPEC, including geopolitically volatile regions, as a result of President Trump's foreign policy approach. The two major oil companies are seeking to take advantage of the changing global oil market dynamics driven by the Trump administration's policies. This includes engaging with nations that were previously off-limits or difficult to access due to political tensions and sanctions. The article suggests that the oil giants see an opportunity to increase their global footprint and market share in regions where the political landscape has shifted, enabled by the Trump administration's handling of international relations and the global oil market. The article provides insights into the strategic decisions and maneuverings of these major energy companies as they adapt to the evolving global oil landscape shaped by the Trump presidency's foreign policy.