One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway holds a 28.2% stake, has seen its shares slump 21% from their 2025 peak of $53.20, closing at $42.16 on Friday.
Oil Price Today (April 9): Crude oil prices rebound, hover close to $100 despite Iran war ceasefire. Here’s why
Oil prices rebounded Thursday after a significant drop, as uncertainty surrounding the Middle East ceasefire and Strait of Hormuz restrictions persisted. Despite hopes for de-escalation,