Warren Buffett's company has bet over $45B on the oil sector

Berkshire has repeatedly acquired shares of the Houston driller whenever the stock falls below USD 60 in recent months. Buffett also dropped more than USD20 billion on Chevron stock in the first quarter of this year and took advantage of the surge in oil prices after Russia invaded Ukraine. Berkshire's Chevron stake is worth more than USD 24 billion.

from International-News-Economic Times https://ift.tt/Ps9GCYL

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