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Buffett's buying more oil shares
Warren Buffett can't stop loving $Occidental Petroleum(OXY.US$.
The recent acquisition of Buffett has caught the attention of the market. Not just because this isn't the first time he's bought $Occidental Petroleum(OXY.US$, but especially because he bought it when the market was panic selling.
Warren Buffett's $Berkshire Hathaway-A(BRK.A.US$ increased its position in $Occidental Petroleum(OXY.US$ at $5...
Warren Buffett can't stop loving $Occidental Petroleum(OXY.US$.
The recent acquisition of Buffett has caught the attention of the market. Not just because this isn't the first time he's bought $Occidental Petroleum(OXY.US$, but especially because he bought it when the market was panic selling.
Warren Buffett's $Berkshire Hathaway-A(BRK.A.US$ increased its position in $Occidental Petroleum(OXY.US$ at $5...
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- Oil prices are rallying
Last week, Brent crude futures, the global benchmark, surged above $110 a barrel, the highest level since 2014. Supply chain bottlenecks and Russian-Ukrainian tensions have together fueled commodity inflation.
It seems the momentum is not ending. Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global markets and as the United States and European allies consider ban...
Last week, Brent crude futures, the global benchmark, surged above $110 a barrel, the highest level since 2014. Supply chain bottlenecks and Russian-Ukrainian tensions have together fueled commodity inflation.
It seems the momentum is not ending. Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global markets and as the United States and European allies consider ban...
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Oil's going up boyz, get ready for a rough road ahead. I, for one am buying a above ground pool and filling it with raw crude oil cause this shits gonna be more than its weight in gold after we cut off Russia.
$标普500指数(.SPX.US$ $SPDR 标普500指数ETF(SPY.US$ $纳斯达克综合指数(.IXIC.US$ $道琼斯指数(.DJI.US$ $纳指100ETF-Invesco QQQ Trust(QQQ.US$ $ProShares三倍做空纳斯达克指数ETF(SQQQ.US$ $Occidental Petroleum(OXY.US$ $Imperial Petroleum(IMPP.US$ $Crude Oil Futures(JUN4)(CLmain.US$ $W&T海底钻探(WTI.US$
$标普500指数(.SPX.US$ $SPDR 标普500指数ETF(SPY.US$ $纳斯达克综合指数(.IXIC.US$ $道琼斯指数(.DJI.US$ $纳指100ETF-Invesco QQQ Trust(QQQ.US$ $ProShares三倍做空纳斯达克指数ETF(SQQQ.US$ $Occidental Petroleum(OXY.US$ $Imperial Petroleum(IMPP.US$ $Crude Oil Futures(JUN4)(CLmain.US$ $W&T海底钻探(WTI.US$
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The top 10 holdings of Warren Buffett's Berkshire Hathaway in the fourth quarter of 2022 were $Apple(AAPL.US$, $Bank of America(BAC.US$, $Chevron(CVX.US$, $Coca-Cola(KO.US$, $American Express(AXP.US$, $The Kraft Heinz(KHC.US$, $Occidental Petroleum(OXY.US$, $Moody's(MCO.US$， $Activision Blizzard(ATVI.US$ and $HP Inc(HPQ.US$。
Among them, Occidental Petroleum rose 119% last year, the best-performing st...
Among them, Occidental Petroleum rose 119% last year, the best-performing st...
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[Buffett made a massive bet on energy stocks]
The market is shrinking, but energy stocks are shining.
Warren Buffett's $Berkshire Hathaway-A(BRK.A.US$ increased its position in $Occidental Petroleum(OXY.US$ at $57.3 a share for 901,774 shares according to the latest filing from SEC on May 12, 2022.
Berkshire has bought another 5.9 million shares of OXY and cost $336 million last week.
Buffett is so enamored of the energy sector that Berkshire ...
The market is shrinking, but energy stocks are shining.
Warren Buffett's $Berkshire Hathaway-A(BRK.A.US$ increased its position in $Occidental Petroleum(OXY.US$ at $57.3 a share for 901,774 shares according to the latest filing from SEC on May 12, 2022.
Berkshire has bought another 5.9 million shares of OXY and cost $336 million last week.
Buffett is so enamored of the energy sector that Berkshire ...
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Are u bullish on oil?
Yes, it's because due to the Russia 🇷🇺 & Ukraine 🇺🇦... oil 🛢 has raised in price rapidly.
More sanctions on Russia from all different countries will cause a decreased in the supply of oil as Russia is one of the the biggest oil producers, I guess...![]()
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When there is a decreased in supply, there may be an increased of demand, in which lead to an increase in price of oil 🛢.
Why increase demand?
It's because supplies are limited = may lead to panic buy...
Yes, it's because due to the Russia 🇷🇺 & Ukraine 🇺🇦... oil 🛢 has raised in price rapidly.
More sanctions on Russia from all different countries will cause a decreased in the supply of oil as Russia is one of the the biggest oil producers, I guess...
When there is a decreased in supply, there may be an increased of demand, in which lead to an increase in price of oil 🛢.
Why increase demand?
It's because supplies are limited = may lead to panic buy...
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is a long-term bullish, idk
"may" not be removed that fast, I guess
$US Well Services(USWS.US$ $Imperial Petroleum(IMPP.US$ $ION Geophysical(IO.US$ ✅
Market prices are only expected to grow, and even if the supply is expected to increase, there will be lag time. Meaning that oil price should continue to increase, and even when it decreases, it will not be instantaneous. There will be time for you to invest accordingly.
Market prices are only expected to grow, and even if the supply is expected to increase, there will be lag time. Meaning that oil price should continue to increase, and even when it decreases, it will not be instantaneous. There will be time for you to invest accordingly.
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Since the start of 2022...
Brent crude oil has gone up 55%
$Chevron(CVX.US$ Chevron has gone up 43%
$Exxon Mobil(XOM.US$ ExxonMobil has gone up 38%
$ConocoPhillips(COP.US$ ConocoPhillips has gone up 36%
Consumers are feeling the impact as Shell announced two days ago to raise the 95-octane grade to beyond $3 per litre ($3.06).
Some investors may be wondering if they should hedge their portfolios as the inflation is worsening. Some may even wish to prof...
Brent crude oil has gone up 55%
$Chevron(CVX.US$ Chevron has gone up 43%
$Exxon Mobil(XOM.US$ ExxonMobil has gone up 38%
$ConocoPhillips(COP.US$ ConocoPhillips has gone up 36%
Consumers are feeling the impact as Shell announced two days ago to raise the 95-octane grade to beyond $3 per litre ($3.06).
Some investors may be wondering if they should hedge their portfolios as the inflation is worsening. Some may even wish to prof...
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So oil prices are sky high. This is accelerating already sky high inflation. People cant afford a full tank of gas and some cant even put food on the table at these prices. So you would think that Biden would do anything to bring oil prices down during his presidency. He just did the exact opposite. Joe biden increased sanctions on Iranian oil. This will further decrease supply which typically increases prices. Obviously he is trying to keep oil prices high because Biden did ...
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- Ukraine overshadows solid U.S. jobs data
- Commodities 'melt up' further, on par with 1915
- European shares sink into correction territory
- Euro heads for worst week vs dollar in nearly 2 years
Data showing a vibrant U.S. jobs market strengthened the dollar and spurred commodity prices higher, but the war in Ukraine overshadowed the blowout report as the euro plunged on the worsening outlook for slower European economic growth.
T...
- Commodities 'melt up' further, on par with 1915
- European shares sink into correction territory
- Euro heads for worst week vs dollar in nearly 2 years
Data showing a vibrant U.S. jobs market strengthened the dollar and spurred commodity prices higher, but the war in Ukraine overshadowed the blowout report as the euro plunged on the worsening outlook for slower European economic growth.
T...
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steady Pom pipi :
Street Outsider : We can learn a lot from Buffett
$Berkshire Hathaway-A (BRK.A.US)$
CitadelAir :
lightfoot : I have been making profit on PBR. buy low sale high. I think this is a play, a momentum stock
chicago4evashiiiit : alright..
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