Former U.S. President Donald Trump criticized major oil companies, including Exxon and Chevron, for recording excessive profits as the global oil market faces tight supply conditions. He called for reductions in retail gasoline prices amid geopolitical tensions in the Middle East weighing on supply. Both companies recently reported record profits, amplifying political pressure. Prediction markets show decreased expectations for crude oil reaching a new all-time high by end of September, with YES pricing at 4.7%, down from 5% a week ago.
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