Warren Buffett’s Oil Bet Looks Genius, Here Is What to Buy Next
Occidental Petroleum (OXY) rose 30.37% year-to-date and slashed debt by $5.8B after promoting OxyChem. Chevron (CVX) gained 23.26% with report $33.9B working money circulate. ConocoPhillips (COP) climbed 24.48%, buying and selling at 18x P/E. Iranian chief Ayatollah Ali Khamenei’s loss of life triggered fears of Strait of Hormuz provide disruptions, sending WTI crude up 10.3%…