Warren Buffett's Occidental Petroleum Pick Suddenly Makes Even More Sense

Berkshire Hathaway's (BRK.A 0.35%) (BRK.B 0.22%) 2022 re-entry into a position in oil giant Occidental Petroleum (OXY -1.00%) wasn't exactly expected. But investors didn't balk, either. Warren Buffett's owned plenty of energy stocks in the past, after all, and there's no denying the world remains dependent on crude oil.Buffett and his acolytes' decision to reopen an Occidental Petroleum trade -- and add to it in the meantime -- is looking increasingly brilliant. Demand for oil continues to grow despite the ...