Results for: OXY Stock

Occidental Petroleum (OXY) stock is down 3.2% to $46.16 due to China’s slowing economic growth, impacting global energy demand. China’s weak November retail sales and sharp decline in property investment signal reduced energy consumption, affecting OXY’s revenue and profitability. Investors can access OXY through direct share purchases, ETFs, or 401(k) plans, but should proceed with caution given market volatility.

Occidental Petroleum (OXY) shares are down on Monday, following a broader decline in the oil sector. The move comes after Israel reportedly launched airstrikes on Iran over the weekend, targeting military sites but sparing oil and nuclear facilities. This news, along with the broader market sentiment, is impacting OXY’s share price.