U.S. Oil Giants Slash Thousands of Jobs Amid Falling Prices & OPEC+ Moves

Описание: The U.S. oil industry is facing massive job cuts despite Trump's pro-fossil fuel policies. Learn why companies like Chevron, ConocoPhillips, and Exxon are laying off workers as oil prices drop and OPEC+ increases production. This video breaks down the impact of falling profits, megamergers, and global market shifts on America's energy sector. Key highlights:

ConocoPhillips plans to cut 25% of its global workforce (3,250 jobs) by year-end.
Chevron announces up to 9,000 layoffs by 2026, including 800 in the Permian Basin.
OPEC+ boosts output by 137,000 barrels/day, driving oil prices below $70/barrel.
U.S. oil rigs fall to 414, with producers waiting for prices to rebound.
Megamergers like Chevron’s $53B Hess acquisition fail to offset low profits.

Explore how the post-pandemic energy boom is giving way to cost-cutting and uncertainty in the fossil fuel industry.