Buffett’s Berkshire buys more Occidental in endorsement of Permian Basin-related purchase

Buffett’s Berkshire buys more Occidental in endorsement of Permian Basin-related purchase

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The Occidental Petroleum Headquarters is seen on December 11, 2023 in The Woodlands, Texas. Berkshire Hathaway has purchased more than 10 million shares of Occidental Petroleum this week worth $588 million, signaling confidence in the oil producer's pending acquisition of CrownRock. Warren…

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