Berkshire first got involved with Occidental when it acquired Anadarko in 2019 for $38 billion and assumed its debt. It was one of the largest oil and gas acquisitions ever. As part of the deal, ...

A week ago, the US government imposed yet more sanctions on Iran’s oil trade. Crude prices have sagged more than $5 a barrel since. The decline was largely driven by indications that Israel is going ...

Oil markets have been very volatile in recent years. In 2020, the price per barrel fell below $25, only to zoom past the $100 ...

On Wall Street, American Express fell 2.8% despite reporting better profit for the latest quarter than analysts expected. Its revenue fell short of forecasts, and it said its revenue for the full year ...