Why Occidental Petroleum Retreated Today
Shares of Occidental Petroleum (NYSE: OXY) fell hard on Wednesday, down 6.7% as of 1:30 p.m. EDT. The U.S.-centric oil and gas major reported earnings last night that, at first glance, were solid. However, the more consequential factor in today's price action was a report that Iran is seriously considering a U.S. proposal to end the war and reopen the Strait of Hormuz. Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Mono ...