Trump hails Chevron's comeback, tells oil firms: 'Get your consumer (retail) oil prices down, now'

US President Donald Trump on Monday claimed that the success of oil major Chevron was a result of his administration's policies, while calling on energy companies to lower consumer fuel prices.

In a post on Truth Social, Trump referred to comments made by Chevron Chairman and CEO Mike Wirth during an interview with Fox Business anchor Maria Bartiromo, saying the executive had outlined the reasons behind the company's strong performance but failed to acknowledge what Trump described as the role played by his administration.

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"Mike Wirth, Chairman and CEO of Chevron, just gave, in an interview with the fabulous Maria Bartiromo, all of the reasons that his company is doing so well. The only thing he conveniently forgot to mention is that, without the genius, foresight, strength, and stability, of the TRUMP Administration, the Oil Industry, and our Country itself, would be DEAD!" Trump wrote.

Trump also pointed to Chevron's return to Venezuela, saying the company had previously been forced out of the country but was now back "far bigger and stronger than ever before" and expected to generate substantial profits. He added that the same applied to other oil companies.

"As an example, they threw Mike and Chevron out of Venezuela, but now they’re back, far bigger and stronger than ever before, expecting to make a fortune! That goes for other Oil Companies as well," he said.

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The US President also urged oil companies to pass on the benefits to consumers by reducing fuel prices.

"Get your consumer (retail!) Oil Prices DOWN, NOW! Thank you for your attention to this matter," Trump said.

The remarks come as the Trump administration continues to emphasise lower energy costs as part of its broader economic agenda.