Shares of Occidental Petroleum Corp. continued to outperform its peer group and the broader stock market after the oil- and gas-production company disclosed that Warren Buffett’s Berkshire Hathaway In...
Tag: oilproduction
Russia Signals Opposition to OPEC+ Oil-Production Cut
Russia doesn’t support an oil-production cut at this time, and it is likely OPEC+ will keep its output steady when it meets Monday, people familiar with the matter said, as Moscow maneuvers to thwart ...
10 energy stocks that are analysts’ favorites as OPEC makes oil-production cuts
The OPEC+ group of oil-producing countries has agreed on a drastic cut to the global supply. The speculation has helped oil reverse its recent declines. And that means it’s time to take another look a...