The Latest Breaking News from Petroleum

Camber Energy Inc (NASDAQ: CEI), Indonesia Energy Corp Ltd (NASDAQ: INDO), Houston American Energy Corporation (NASDAQ: HUSA) and

The stock market volatility is not expected to lessen anytime soon, with soaring inflation and the Fed’s aggressive stance to fight it. Despite the market uncertainties, Wall Street analysts see significant upside in large-cap stocks Diamondback Energy (FANG), Marathon Petroleum (MPC), and E.ON SE (EONGY). Keep reading….

Energy stocks have been benefiting due to bullish investors’ sentiments around this sector. Hence, oil and gas stock Marathon Petroleum (MPC) which was recently upgraded in our proprietary rating system, might be a solid buy. However, the progress in the clean energy sector is slow. Despite higher spending, net-zero might…

Leading oil and gas company Occidental Petroleum (OXY) reported impressive first-quarter results. Shares of OXY have gained in double digits so far this year, outperforming the broader market, thanks to surging energy prices. Moreover, Warren Buffett has recently added more OXY shares to his portfolio. And this stock is rated…

OPEC+ agreed on Thursday to stick to a planned oil output hike this summer but avoided discussing policy from September onwards as prices have risen on tight supplies and worries that the group has little ability to pump more. The group, which comprises the Organization of the Petroleum Exporting Countries…

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 3.44% on an annualized basis producing an average annual return of 14.14%. Currently, Marathon Petroleum has a market capitalization of $44.84 billion.

Indonesia Energy Corp Ltd (NASDAQ: INDO), Houston American Energy Corporation (NASDAQ: HUSA) and Imperial Petroleum Inc (NASDAQ:

Warren Buffett has been one of the most influential investors of all time. His careful methodology in picking stocks has made him a consistently successful investor. So, we think Warren Buffett stocks Occidental Petroleum (OXY), Celanese (CE), and McKesson (MCK), which are also rated Strong Buy or Buy in our…

Although US stocks closed slightly lower on Monday, there were a few notable insider trades.

Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) has purchased another 794,389 shares of Occidental Petroleum Corp (NYSE:OXY), at an average price of ~$55.39, according to a Form-4 filing with the U.S. Securities and Exchange Commission. The total purchase amount was ~$44 million for ~794 thousand shares of OXY. Last week the company…

Apex Chairman of the Board of Directors Roger Plank held talks on Monday with Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla. Plank said his company is currently studying the expansion of its activities in Egypt’s Western Desert by acquiring several already producing concession areas and intensifying drilling…