Middle East conflict escalates significantly! Goldman Sachs: Oil prices have not yet factored in geopolitical risks.
Oil bears currently hold a record position, and if the Strait of Hormuz is closed, the risk premium for oil prices may arrive, leading to a surge in oil prices. In addition, oil prices are also supported by global easing cycle, inventory growth, and positions and valuations at low levels.
Occidental Petroleum Is Maintained at Hold by Truist Securities
Warren Buffett, the "Stock God", issues a $300 billion warning! Are you following?
Warren Buffett is continuously selling stocks, not even buying his favorite stocks. What does this mean?
Evercore ISI Adjusts Price Target on Occidental Petroleum to $63 From $67, Maintains Underperform Rating
Occidental Petroleum Corporation (OXY) Is Attracting Investor Attention: Here Is What You Should Know
Weak demand + OPEC supply risks, the analyst has continuously lowered oil price forecasts for five consecutive months.
The analyst has reduced the forecast for oil prices in 2024 for the fifth consecutive month.