Trump Hosts Oil Executives to Discuss Energy Policy and Trade Tensions

The closed-door White House meeting focuses on boosting U.S. oil production, addressing trade disputes, and stabilizing falling crude prices.

President Trump is meeting with top oil executives, including leaders from ExxonMobil, Chevron, and ConocoPhillips, to outline his energy agenda.
The American Petroleum Institute's five-point energy plan, which includes permit reform and offshore oil leasing, is expected to be a key topic of discussion.
Oil industry leaders plan to raise concerns about trade wars with Canada and Mexico, which have led to tariffs on crude imports and disrupted energy markets.
Analysts project Brent oil prices to average $73 per barrel in 2025, a decline attributed to U.S. tariff policies and increased production by OPEC+.
The administration aims to boost domestic oil output by reducing regulations and expediting permitting, while industry leaders advocate for higher oil prices to sustain growth.