Occidental Petroleum

OPEC's power is at an all-time high and 'the old oil order is back,' says Goldman Sachs commodities chief

21 hours ago   |   Business Insider

Saudi Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz Al Saud. Getty Images "The old oil order is back," Goldman Sachs commodities chief Jeff Currie told CNBC on...
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Oil jumps 3% after OPEC+ mulls cutting its output by more than 1 million barrels a day

1 day ago   |   Business Insider

The OPEC+ decision will be announced at an October 5 meeting in Vienna, Austria. Photo by Patrick Pleul/picture alliance via Getty Images Oil rose 3% Monday after OPEC+ hinted...
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Credit Suisse Takes a Hit Over Investor Fears

1 day ago   |   NY Times

Shares in the troubled Swiss banking giant sunk on Monday as investors worry it may not pull off a risky turnaround plan.
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OPEC is mulling an oil-production cut of more than 1 million barrels per day, and the move is exactly the opposite of what the US wants right now

1 day ago   |   Business Insider

In this photo illustration, the Organization of the Petroleum Exporting Countries logo is seen displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA...
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OPEC Plus Considering Major Production Cut to Prop Up Oil Prices

1 day ago   |   NY Times

The oil producers group, which meets on Wednesday, is worried about declining demand in a slowing global economy. Prices have dropped by 25 percent since June.
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Venezuela and US announce prisoner swap

Venezuela and US announce prisoner swap

2 days ago   |   RT

Seven Americans were exchanged for two relatives of President Maduro Venezuela has released seven Americans, including five oil executives, US President Joe Biden said on...
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US sanctions traders of Iranian oil as nuclear talks stall

4 days ago   |   My Sanantonio

WASHINGTON - The U.S. on Thursday imposed sanctions on a group of firms it says have played a critical role in shipping sanctioned Iranian oil. The State Department designated...
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Buffett's company buys nearly 6M more Occidental shares

4 days ago   |   Star Tribune   |   2 articles

Warren Buffett's company picked up another $368 million worth of Occidental Petroleum stock this week to give it control of nearly 21% of the oil producer.
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Buffett's company buys nearly 6M more Occidental shares

4 days ago   |   My Sanantonio   |   2 articles

OMAHA, Neb. - Warren Buffett's company picked up another $368 million worth of Occidental Petroleum stock this week to give it control of nearly 21% of the oil producer. These...
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Even as Oil Prices Ease, U.S. Keeps Tapping Strategic Reserve

4 days ago   |   NY Times

The administration's move has brought down gasoline prices. Some experts say continued withdrawals could test the nation's energy security.
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