The Latest Breaking News from Petroleum

Occidental Petroleum will release its Q4 earnings on Feb. 19, and could hike its dividend per share. Investors could see OXY stock move higher. Meanwhile, shorting out-of-the-money OXY puts provides good income.

As Occidental gets ready to report its fourth-quarter results next month, earnings expectations from Wall Street remain firmly on the conservative side.

It's an effort to secure and stabilize the domestic market for materials key to the tech industry.

In the wake of U.S. forces’ arrest of Venezuelan President Nicolás Maduro, U.S. President Donald Trump has said the U.S. is taking over Venezuelan oil production.

With Wall Street forced to price risk monotonically, retail has the opportunity to play a different game when it comes to MPC stock and the suddenly hot oil market.

Elliott's Amber Energy is poised to close the sale of Citgo and receive more Venezuelan crude barrels.

Texas-based oil companies have largely been silent on Trump’s assertion that they would help to rebuild Venezuela’s oil infrastructure.

Marathon Petroleum is ready to unveil its fiscal fourth-quarter earnings next month, and analysts project a robust triple-digit earnings growth.

I discussed Occidental Petroleum's possible dividend hike next month in my Dec. 23, 2025, Barchart article. I showed that OXY stock could be worth $50. Investors are now piling into January 16, 2026, expiry call options.

Occidental Petroleum Corp could hike its dividend in late January or early February. But OXY stock is still well off its highs. Based on its average dividend yield, OXY could be worth over 25% more at $50 per share.

In 2016, the petroleum ministry was asked in the Rajya Sabha if it would act against officials from the government-owned Oil and Natural Gas Corporation and its regulator Directorate General of Hydrocarbons for “inaction”. This was a case of alleged gas flow from an ONGC block to a Reliance Industries…