<p><strong>西方石油</strong>(OXY 5.04%) 的股价在周二上涨了 5%，因为油价上涨。</p>
<p>作为沃伦·巴菲特最喜欢的两家石油公司之一，<strong>雪佛龙</strong>(CVX 1.42%) 和西方石油一起上涨，油价因俄罗斯 - 乌克兰战争的新进展及其对俄罗斯石油供应的潜在影响而大幅上涨。</p>
<h2>西方石油是一个 “美国制造” 的石油投资</h2>
<p>周二，由于对俄罗斯石油供应的持续担忧，油价上涨了 2%。这源于乌克兰增加了对俄罗斯石油精炼厂的无人机攻击，产生了一定影响。今天有报道称，俄罗斯的 Transneft 管道现在限制了其国有石油公司在储存设施中可以储存的石油量，原因是这些攻击。值得注意的是，俄罗斯的石油精炼量已降至每日五百万桶以下，为 2022 年 4 月以来的最低水平。</p>
<p>在此之前，油价今年已下跌 9%，回落至 60 美元区间，远低于 2022 年俄罗斯入侵乌克兰后达到的 139 美元峰值。在如此低的价格下，石油公司往往交易便宜。然而，如果乌克兰现在更愿意——并且在其盟友的允许下——更有力地攻击俄罗斯的石油资产并干扰全球供应，这可能会改变动态，导致燃料价格上涨。</p>
<p>此外，美联储今天和明天将召开会议，预计中央银行将因近期疲软的就业数据而降低联邦基金利率。所有其他条件相同，较低的利率往往会增加经济活动，从而提高石油需求。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM4NDcvZ2V0dHlpbWFnZXMtMjE2Nzc2MTE2NC5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM4NDcvZ2V0dHlpbWFnZXMtMjE2Nzc2MTE2NC5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>巴菲特的石油投资：对地缘政治的对冲？</h2>
<p>传统能源公司在过去三年中失去了光彩，自 2022 年商品价格飙升以来更是如此。然而，尽管不再时尚，沃伦·巴菲特在上个季度仍然将超过 11% 的股票投资组合分配给雪佛龙和西方石油。</p>
<p>他大举投资石油的主要原因是雪佛龙和西方石油在美国及其他友好国家拥有庞大的库存基础。尽管有人认为油价将在本十年末达到峰值，但这并不意味着未来几十年石油就不会有需求。同时，大型地缘政治事件有可能在不可预测的时间干扰供应，这使得这些股票成为对投资组合其他部分的良好对冲，同时在此过程中支付股息。</p>

西方石油

雪佛龙

<p>西方石油的股价上涨了 5%，因为由于俄罗斯 - 乌克兰冲突持续，市场对俄罗斯石油供应的担忧导致油价上涨。乌克兰对俄罗斯炼油厂的无人机攻击以及俄罗斯 Transneft 管道对石油储存的限制都促成了这一上涨。此外，市场预计美联储将降息，这可能会刺激经济活动和石油需求。沃伦·巴菲特继续大量投资于西方石油和雪佛龙，认为它们在地缘政治不确定性中是稳定的投资，尽管传统能源行业最近面临困境</p>

<p>Shares of <strong>Occidental Petroleum</strong>(OXY 5.04%) rallied 5% on Tuesday as oil prices rose.</p>
<div class="lb-trans"><p><strong>西方石油</strong>(OXY 5.04%) 的股价在周二上涨了 5%，因为油价上涨。</p>
</div><p>One of Warren Buffett's two favorite oil companies along with <strong>Chevron</strong>(CVX 1.42%), Occidental was rising along with oil prices, which were up strongly due to new developments in the Russia-Ukraine war and its potential effect on Russian oil supply.</p>
<div class="lb-trans"><p>作为沃伦·巴菲特最喜欢的两家石油公司之一，<strong>雪佛龙</strong>(CVX 1.42%) 和西方石油一起上涨，油价因俄罗斯 - 乌克兰战争的新进展及其对俄罗斯石油供应的潜在影响而大幅上涨。</p>
</div><h2>Occidental is a &#34;made in America&#34; oil play</h2>
<div class="lb-trans"><h2>西方石油是一个 “美国制造” 的石油投资</h2>
</div><p>On Tuesday, oil prices were up 2% due to ongoing concerns over Russian oil supply. This was due to revelations that Ukraine has increased drone attacks on Russian oil refineries with some effect. Today, it was reported that Russia's Transneft pipeline is now limiting the amount of oil its state-backed oil companies can store at its storage facilities due to the attacks. Of note, Russian oil refining has fallen below five million barrels per day, the lowest since April 2022.</p>
<div class="lb-trans"><p>周二，由于对俄罗斯石油供应的持续担忧，油价上涨了 2%。这源于乌克兰增加了对俄罗斯石油精炼厂的无人机攻击，产生了一定影响。今天有报道称，俄罗斯的 Transneft 管道现在限制了其国有石油公司在储存设施中可以储存的石油量，原因是这些攻击。值得注意的是，俄罗斯的石油精炼量已降至每日五百万桶以下，为 2022 年 4 月以来的最低水平。</p>
</div><p>Prior to this, oil prices had fallen 9% this year back to the $60 range, a far cry from the $139 price at its 2022 peak shortly after Russia's invasion of Ukraine. Off that much lower price, oil companies have tended to trade cheaply. However, if Ukraine is now more willing -- and more allowed by its allies -- to more forcefully go after Russia's oil assets and disrupt global supply, that could change the dynamic to a higher fuel price.</p>
<div class="lb-trans"><p>在此之前，油价今年已下跌 9%，回落至 60 美元区间，远低于 2022 年俄罗斯入侵乌克兰后达到的 139 美元峰值。在如此低的价格下，石油公司往往交易便宜。然而，如果乌克兰现在更愿意——并且在其盟友的允许下——更有力地攻击俄罗斯的石油资产并干扰全球供应，这可能会改变动态，导致燃料价格上涨。</p>
</div><p>In addition, the Federal Reserve is set to meet today and tomorrow, where it's expected the central bank will cut the federal funds rate in response to tepid, recent job numbers. Lower interest rates, all things being equal, tend to increase economic activity and therefore oil demand.</p>
<div class="lb-trans"><p>此外，美联储今天和明天将召开会议，预计中央银行将因近期疲软的就业数据而降低联邦基金利率。所有其他条件相同，较低的利率往往会增加经济活动，从而提高石油需求。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzM4NDcvZ2V0dHlpbWFnZXMtMjE2Nzc2MTE2NC5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F833847%2Fgettyimages-2167761164.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Buffett's oil bet: A hedge against geopolitics?</h2>
<div class="lb-trans"><h2>巴菲特的石油投资：对地缘政治的对冲？</h2>
</div><p>Traditional energy companies have lost their luster over the past three years ever since the commodity price spike in 2022. However, being out of fashion hasn't deterred Warren Buffett from allocating over 11% of his stock portfolio between Chevron and Occidental as of the last quarter.</p>
<div class="lb-trans"><p>传统能源公司在过去三年中失去了光彩，自 2022 年商品价格飙升以来更是如此。然而，尽管不再时尚，沃伦·巴菲特在上个季度仍然将超过 11% 的股票投资组合分配给雪佛龙和西方石油。</p>
</div><p>The big reason for the large oil stake is Chevron and Occidental's large inventory bases in the U.S. and other friendly countries. And while some have posited that oil demand will peak at the end of this decade, that doesn't mean oil won't be in demand for decades to come. Meanwhile, large geopolitical events have the potential to disrupt supply at unpredictable times, which makes these stocks nice hedges against other parts of the portfolio -- all while paying dividends along the way.</p>
<div class="lb-trans"><p>他大举投资石油的主要原因是雪佛龙和西方石油在美国及其他友好国家拥有庞大的库存基础。尽管有人认为油价将在本十年末达到峰值，但这并不意味着未来几十年石油就不会有需求。同时，大型地缘政治事件有可能在不可预测的时间干扰供应，这使得这些股票成为对投资组合其他部分的良好对冲，同时在此过程中支付股息。</p>
</div>

Why Occidental Petroleum and Other Oil Companies Rallied Today

- Occidental Petroleum 股价上涨 5%，因油价因俄乌战争新动态而上升。  
- 乌克兰对俄罗斯油田的无人机攻击导致俄罗斯石油供应受限。  
- 巴菲特重仓投资于 Occidental 和 Chevron，作为对冲地缘政治风险的策略。

为什么西方石油和其他石油公司今天上涨