Warren Buffett Buys Up Even More Occidental Petroleum ...Middle East

Warren Buffett’s Berkshire Hathaway bought additional shares in Occidental Petroleum this week, raising its stake in the U.S. oil firm to 24.4%, a regulatory filing shows. Berkshire Hathaway acquired 3,457,222 Oxy common stock this week, at around $58 per share for some $201 million. As a result of the latest transactions, Berkshire Hathaway now owns 217,330,133 common shares of Occidental, which are worth around $12.7 billion.   Earlier this month, Warren Buffett said that Berkshire Hathaway would not be seeking full control of Occidental…

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