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oil & gas

'Big Short' investor Michael Burry piled into energy and shipping stocks last quarter. A top strategist explains why.

Fri, 08/18/2023 - 05:01

Michael Burry Getty — Michael Burry.
Kevin Mazur/WireImage

Markets, MI Exclusive, Stocks, Michael Burry, The Big Short, Scion Asset Management, ubs

Warren Buffett's Berkshire Hathaway reveals it sold about $6 billion of Chevron stock last quarter

Sun, 05/07/2023 - 07:40

Warren Buffett — Warren Buffett.
Paul Morigi / Stringer / Getty Images

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, chevron, Energy Stocks

Ballooning US debt is a big worry, stocks may get squeezed, and Warren Buffett's Occidental bet is a master stroke, veteran investor Tom Russo says

Fri, 05/05/2023 - 11:19

warren buffett — Warren Buffett.
Alex Wong/Getty

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Tom Russo, Gardner Russo & Quinn

Russia is using decades-old oil tankers on icy waters to duck sanctions and prop up its struggling energy exports

Tue, 03/21/2023 - 08:11

An abandoned cargo vessel lies — An abandoned cargo vessel lies beached along the Black Sea near the war torn city of Ochamchire in Abkhazia.
Loop Images / Contributor

Markets, MI Exclusive, Oil, Russian Oil, oil & gas, Russia, China

What banking crisis? Warren Buffett's Berkshire Hathaway spends close to $500 million on Occidental stock in 3 days

Thu, 03/16/2023 - 06:05

Warren Buffett newspaper toss — Warren Buffett.
Rick Wilking/Reuters

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Occidental Petroleum, oil & gas

Warren Buffett's Berkshire Hathaway snaps up $355 million of Occidental stock, boosting its stake in the energy giant to over 22%

Wed, 03/08/2023 - 06:58

warren buffett — Warren Buffett.
Reuters/Shannon Stapleton

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Occidental Petroleum, oil & gas

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