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Occidental Reports Higher Q1 Prices As Tariff Tensions Shake Oil Market

Summary

Occidental Petroleum (NYSE: OXY) reported higher prices for oil and gas production in Q1 2025, with average realized prices up for natural gas and natural gas liquids. The market rally and easing trade tensions boosted oil and gas stocks, but tensions between the US and China and other factors have caused fluctuations in oil prices.

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Article published on April 10, 2025 by benzinga