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Rex Tillerson is the CEO of ExxonMobil. His ties around the globe include a close relationship with Russian President Vladimir Putin. On Tuesday, Donald Trump announced that he had selected Rex Tillerson, chairman and CEO of ExxonMobil, for secretary of State, one of the most influential Cabinet roles.
Despite the signs of a rebound, Exxon Mobil (XOM) CEO Rex Tillerson has a much more bearish take on oil prices. Speaking at the IHS CeraWeek conference in Houston, Tillerson predicted that oil prices would remain subdued for the next several years. Related: Saudi Price War Strategy May Blow Up In Their Face.