Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway boosts stake by $390 million

August 8 (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) bought more shares of Occidental Petroleum Corp (OXY.N), surpassing the 20% stake where it could record some of the oil company's earnings with…

Continue ReadingOccidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway boosts stake by $390 million
Read more about the article Oil steady as fuel stocks counter supply concerns
FILE PHOTO: Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian

Oil steady as fuel stocks counter supply concerns

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS LONDON, June 30 (Reuters) -…

Continue ReadingOil steady as fuel stocks counter supply concerns
Read more about the article Oil Rallies After US Gasoline Stocks Drop More Than Expected
Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. REUTERS/Benoit Tessier

Oil Rallies After US Gasoline Stocks Drop More Than Expected

WASHINGTON (DTN) -- Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude traded on the Intercontinental Exchange rallied in early morning trade Wednesday. Gains were led…

Continue ReadingOil Rallies After US Gasoline Stocks Drop More Than Expected

EIA expects solar and wind to be larger sources of U.S. electricity generation this summer

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook In our Summer Electricity Outlook, a supplement to our May 2022 Short-Term Energy Outlook, we expect the largest increases in U.S. electric power sector generation…

Continue ReadingEIA expects solar and wind to be larger sources of U.S. electricity generation this summer