Oil Price Prophets: A Warning from ExxonMobil's CEO The energy sector is bracing itself for a prolonged period of elevated energy costs as oil prices continue to skyrocket amidst geopolitical tensions in the Middle East.
ExxonMobil's CEO, Darren Woods, has cautioned investors that market expectations for a quick fix may be misplaced.
Woods' warning carries significant weight, given his position at one of the world's largest energy companies.