Analyst revamps Occidental Petroleum stock price target after oil rally [Yahoo! Finance]
Occidental Petroleum Corporation (OXY)
Last occidental petroleum corporation earnings: 2/27 04:13 pm
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Source: Yahoo! Finance
The famed industrialist was speaking in another era, of course, but his words are intriguing in light of the recent spike in crude oil prices. Oil prices rose on April 5 and were on course for a second weekly gain, Reuters reported, driven by tensions in the Middle East, concerns about tightening supply, and expectations about demand growth as economies improve. Related: Analyst who correctly predicted gold's rally updates target Brent crude is trading at about $91 a barrel, and U.S. West Texas Intermediate crude, closely tied to U.S. gasoline prices, finished the week at nearly $87. On Thursday both benchmark crude oil prices settled at their highest level since October. Brent and WTI are set to notch a more than 4% gain this week after Iran, the third-largest OPEC producer, vowed revenge against Israel for an attack that killed high-ranking Iranian military personnel. In addition to the Middle East turmoil, ongoing Ukrainian drone attacks on refineries in Russia may hav
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News
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OXY
Earnings
- 2/14/24 - In-Line
OXY
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/10/24 - Form 8-K
- 3/21/24 - Form 4
- OXY's page on the SEC website