Berkshire Hathaway bought more shares of Occidental Petroleum over the last three trading days

  • adding to it's existing stake
  • bought circa 4.7 mn shares on Thursday and Friday last week and on Tuesday this week.
  • now holds a 24.9% in the firm, a Houston-based oil and gas producer

In 2022 Berkshire received regulatory approval to purchase an up to 50% holding in the firm.


Buffett buying oil sector shares is a nice encouragement for oil bulls.

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