Petroleum

summarySmall investors seem to like what they see and have proven this by relying more heavily on call options versus put options. The CBOE's five-day equity-only call/call (P/C) ratio fell to 0.51 at the end of September, the lowest…

HOUSTON (Reuters) - Exxon Mobil (NYSE:) Director Gregory Goff recently joined a newly formed Elliott Investment Management-backed firm seeking to acquire Venezuelan-owned oil refiner Citgo Petroleum. Citgo and Exxon are…

Occidental Petroleum shares have fallen 29% since mid-April, weighing on Warren Buffett's stake in the company.This decline is in line with a 23% drop in crude oil prices due to concerns about demand and excess supply.Berkshire Hathaway's…

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For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRC.B) CEO Warren Buffett An offer has been made to Wall Street. Since he became CEO in 1965, the standard Standard & Poor's 500 By more than 35,000%, including dividends…

Just as landline telephones have been replaced by mobile and Internet technologies, so will oil-based energy be replaced by renewable energy technologies, which include electric mobility. This is already happening here in Kenya with the…

Slavko Sereda/iStock via Getty Images Crude oil futures fell slightly on Tuesday after news reports said Russian Deputy Prime Minister Alexander Novak indicated that OPEC+ may increase production if market conditions warrant it, in…

Israeli businessman Eli Azor was busy last week with the success of the vote on the formation of the board of directors of Tamar Petroleum (TASE: TMRP). On Wall Street, Azur and his partners completed the sale of online…

SlavkoSereda/iStock via Getty Images The U.S. Department of Energy announced Monday its latest solicitation for another 3M barrels of crude oil for the Strategic Petroleum Reserve, as it gradually replenishes the SPR after selling a…

kodda Western Midstream Partners (WES) +7.2% in Tuesday's trading following a Reuters report that Occidental Petroleum (NYSE:OXY) is exploring a sale of the natural gas-focused pipeline operator that has a market value of more than $18B…