ExxonMobil CEO Says Company Focused on Diesel Production
CEO Darren Woods said ExxonMobil is focused on producing diesel, which he described as a key supply crunch point amid rising fuel prices and geopolitical tensions.
With fuel prices rising amid geopolitical tensions, ExxonMobil CEO Darren Woods says the company is focused on churning out diesel. "Frankly, diesel is the key crunch point here because it is so critical to economic growth and [has] very inelastic demand," Woods says during an appearance on CNBC. "…