--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/39469823.md" description: "$Occidental Petroleum(OXY.US) Buffett's thinking is on another level. He anticipated the oil price increase early on. Being a regular in elite circles, he must have expected something to happen. Who would have thought it would be the Strait of Hormuz blockade driving up oil prices." datetime: "2026-03-24T04:26:00.000Z" locales: - [en](https://longbridge.com/en/topics/39469823.md) - [zh-CN](https://longbridge.com/zh-CN/topics/39469823.md) - [zh-HK](https://longbridge.com/zh-HK/topics/39469823.md) author: "[Blade](https://longbridge.com/en/profiles/13165582.md)" --- # $Occidental Petroleum(OXY.US) Buffett's thinking i… ### Related Stocks - [OXY.US](https://longbridge.com/en/quote/OXY.US.md)