Occidental Petroleum is an international oil and gas exploration and production company that focuses on the development of hydrocarbon resources. With operations spanning various regions around the globe, Occidental engages in the extraction of oil and natural gas, and is also involved in the chemical manufacturing sector, producing products used in a variety of industries. The company emphasizes sustainable practices and innovation in its operations, aiming to enhance environmental stewardship while delivering energy solutions to meet global demands. Read More
After nearly two weeks of relentless selling that shaved billions off its market capitalization, Berkshire Hathaway (NYSE:BRK.B) finally found its footing on April 1, 2026. The conglomerate’s Class B shares ended a grueling eight-day losing streak—the longest such decline for the company since late 2018—closing
HOUSTON, April 01, 2026 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) will announce its first quarter 2026 financial results after close of market on Tuesday, May 5, 2026, and will hold a conference call to discuss the results on Wednesday, May 6, 2026, at 1 p.m. Eastern/12 p.m. Central.
In a move that has sent tremors through global financial markets, the U.S. Energy Information Administration (EIA) has aggressively revised its 2026 price forecast for West Texas Intermediate (WTI) crude oil, raising its average spot price projection by a staggering $20 per barrel. This massive upward adjustment, detailed in
The financial landscape shifted violently on March 19, 2026, as the precious metals sector experienced its most brutal single-day sell-off in years. What began as a routine trading session quickly spiraled into a "liquidity rupture," sending industry stalwarts and major exchange-traded funds (ETFs) into a tailspin. By the closing bell,
NEW YORK — As the first quarter of 2026 draws to a close, the global financial landscape has undergone a seismic shift. The "growth at any cost" mantra that defined the early 2020s has been replaced by a desperate search for stability, dividends, and tangible assets. As of March 31, 2026,
The global energy landscape shifted dramatically this month as Brent crude oil prices surged past the psychological $100-per-barrel mark, driven by a catastrophic collapse in Middle East diplomacy and an unprecedented escalation in regional hostilities. As of March 31, 2026, Brent crude is trading near $105.32, while West Texas
The date is March 31, 2026. The Permian Basin, long the heartbeat of American energy, is undergoing a profound metamorphosis. While the rhythmic thrum of pumpjacks still defines the horizon, a new sound is emerging from the scrublands of West Texas: the hum of high-density cooling fans and the silent processing of trillions of data [...]
The global energy landscape has been thrust into a state of high-octane volatility as the US energy sector undergoes a massive breakout, driven by a dramatic geopolitical crisis in the Middle East. As of March 30, 2026, the closure of the Strait of Hormuz—a vital maritime artery for the
The global economy is entering a definitive new chapter in its post-pandemic recovery. According to the latest analysis from the World Bank’s Commodity Markets Outlook, global commodity prices are projected to reach a six-year low by the end of 2026. Driven by a massive surplus in crude oil and
In a calculated maneuver that has sent shockwaves through the global energy corridors, Saudi Arabia has effectively "turned off the tap" to the United States market, slashing crude exports to their lowest levels in decades. As of late March 2026, data reveals that Saudi crude arrivals at U.S. ports
Occidental Petroleum stock closed up 1.5% on Friday and has risen 23% since the end of February. Even if it's not a peak, it might make sense to sell OXY covered calls, given its high out-of-the-money call premiums.
