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Occidental Petroleum stock (OXY) holds near a 52-week high as oil stays elevated — what traders watch next
Summary by ts2.tech
2 Articles
2 Articles
The Brent oil with delivery for April ended in a fall of 1.01% and the WTI with compensation for the same month dropped 1.03%
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Occidental Petroleum stock (OXY) holds near a 52-week high as oil stays elevated — what traders watch next
Occidental Petroleum closed Monday up 1.2% at $52.43, hitting a new 52-week high as oil prices stayed near six-month peaks. The company announced an 8% dividend increase and launched a $700 million bond buyback, with deadlines in March. Crude settled at $71.49 a barrel for Brent and $66.31 for WTI ahead of U.S.-Iran nuclear talks. The S&P 500 fell 1.04% on the day. The post Occidental Petroleum stock (OXY) holds near a 52-week high as oil stays …
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Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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