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Exxon Mobil CEO: Trump cannot significantly increase US oil production.

One of the campaign promises made by the elected President of the United States, Donald Trump, was to significantly increase US oil production and lower energy costs. However, Darren Woods, the CEO of the largest energy company in the USA, exxon mobil, expressed doubts on Tuesday about whether Trump can fulfill this promise, as US oil production is already at historically high levels. Woods said, 'I do not believe that US production is constrained, so I do not know if there is an opportunity to release a large amount of production in the near future, as most US operators have already optimized their production.' The opening ceremony of the 29th International Climate Change Summit in Baku, Azerbaijan.

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