Warren Buffett Was Right: These Oil Stocks Are the Safest Bet in an Iran-Rattled Market
Key Points
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Warren Buffett made Chevron and Occidental Petroleum two of Berkshire’s 10 largest holdings.
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Both oil giants can thrive at much lower oil prices.
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They’re really cashing in this year now that crude prices have surged.
Warren Buffett made a bold bet on a couple of oil stocks before he retired as Berkshire Hathaway‘s (NYSE: BRKA)(NYSE: BRKB) CEO earlier this year.