Jun. 24 at 11:14 AM
$BP $CVX $COP $TTE $SHEL
Trump claims customers being 'gouged' by 'big oil companies,' orders DOJ probe
President Donald Trump stated in a post to Truth Social: "The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil. Those prices are dropping like a rock! In other words, customers are being 'gouged.' I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I'm seeing!"
Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE). Publicly traded oil refiners include Delek US (DK), HF Sinclair (DINO), Marathon Petroleum (MPC), Phillips 66 (PSX) and Valero (VLO).