Tag: crude oil prices

The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen

ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges to increase energy...

Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low

Occidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett's stake in the company.The decline aligns with a 23% drop in crude...