Occidental Petroleum (OXY)

As the United States draws oil inventory by the largest amount since December 2024, there could be bottlenecks sending oil prices higher.

Drillers packing up gear, rig count drops, potential signal of tighter oil supply. Investors should watch oil stocks, favoring efficient producers.

Several of the Oracle of Omaha's longtime favorites would be at home in most investors' portfolios.

U.S. oil prices increased on increased Ukraine-Russia tensions.

During the pre-market trading session on Monday, Shell PLC (NYSE: SHELL) and Occidental Petroleum Corp (NYSE: OXY) climbed 1.75% and 1.41%, respectively, whereas Exxon Mobil Corp (NYSE: XOM) and Chevron Corp (NYSE: CVX) climbed 0.88% and 0.85%, each oil prices witnessed more than 3% surge on Monday. This was because the OPEC+ group decided to maintain the output increase for July, mirroring the hikes of the previous two months.

According to Berkshire Hathaway's most recent filings, the investment firm has taken a position in a new stock.

The best way to manage the unknown is by avoiding it altogether. Owning businesses that are economically resilient doesn't hurt either.

Forever holdings and legal monopolies were on the Oracle of Omaha's buy list in the first quarter.

Buffett's latest 13F shows no new positions in publicly traded companies, but includes a confidential mystery stake, sparking significant speculation.

Billions in new buyback capacity, dividend initiation, and a Buffett-backed partnership are among the big news surrounding three large-cap U.S. stocks.

Occidental teams up with ADNOC's XRG on a potential $500M carbon capture project in Texas during Trump's UAE visit.

The U.S. President stated that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will send letters indicating what their trade partners will pay to do business in the United States.

As legendary investor Warren Buffett prepares to step down as CEO of Berkshire Hathaway Inc.