September 29, 2022
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OMAHA, Neb. (AP) – Warren Buffett’s company bought more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20% of the oil producer.
Occidental shares rose more than 3.5% on Tuesday to $62.18 after Buffett revealed his latest purchases of nearly 6.7 million shares of Occidental worth more than $400 million. .
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