The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated cuts.
Warren Buffett-backed Occidental Petroleum and Buffett's Berkshire Hathaway Energy announced a joint venture on Tuesday to extract lithium from geothermal electricity production. OXY shares angled lower early Tuesday.
XOM stock has wavered since Exxon reported its earnings results. Exxon is fighting to block Chevron's acquisition of Hess. Is now the time to buy XOM?