Russia Confounds the West by Recapturing Its Oil Riches

Moscow is raking in more revenue than ever with the help of new buyers, new traders and the world’s seemingly insatiable demand for crude Oil storage tanks at the RN-Tuapsinsky refinery in 2020 operated by Rosneft Oil Co., in Tuapse, Russia. Andrey Rudakov/Bloomberg News

Russia wants to expand imports from India in big way

Russia has circulated a fresh list of products, including items such as medical equipment, pharmaceuticals, chemicals, industrial equipment, garments, furniture and jewellery, that it wishes to import from India for a more balanced bilateral trade and a sustainable implementation of rupee-denominated payment mechanism, a person tracking the matter has said.  “The latest list of request … Read more

Crude oil continues to trade lower on Chinese factory, retail data  

Crude oil futures traded lower on Tuesday morning as the Chinese data showed a decline in factory and retail activities. Added to this, the reported statement of the Saudi oil producer to increase crude oil output, if needed, also impacted the prices. At 10.02 am on Tuesday, October Brent oil futures were at $94.26, down … Read more

Berkshire Now Holds 20% of Occidental Petroleum

Text size Berkshire CEO Warren Buffett has steadily accumulated Occidental stock this year. AFP via Getty Images Berkshire Hathaway now owns just over 20% of Occidental Petroleum after about $400 million in fresh purchases of the energy company in recent days, according to a filing late Monday. With a 20.2% stake, Berkshire Hathaway (ticker: BRK/A, … Read more

Stock Market Today: Dow Futures Slip as Pelosi Goes to Taiwan, BP Surges

Text size House Speaker Nancy Pelosi is set to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images China isn’t the only one upset about Nancy Pelosi’s visit to Taiwan—the stock market is concerned, too. Dow Jones Industrial Average futures have fallen 176 points, or 0.5%, while S&P 500 futures have declined 0.6%, and Nasdaq Composite futures … Read more

Stock market outlook: Auto sales numbers, RBI monetary policy among key triggers that may dictate Dalal Street next week

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Apple, Visa, Microsoft, Exxon Mobil, Chipotle, and Other Stocks for Investors to Watch This Week

It will be a busy week on both the micro and macro fronts. Second-quarter earnings season ramps up, as more than 150 S&P 500 firms report, including Big Tech. The Federal Reserve’s policy committee will announce an interest-rate decision on Wednesday afternoon, and economists will get a look at a bevy of new data. Wednesday will … Read more

What to Buy Right Now: 42 Picks From Barron’s Roundtable Pros

To everything there is a season: A time to hide in a bunker with a crash helmet on as stock and bond prices plummet, and a time to wade cautiously into the market in search of newly created bargains. If you’ve been reading the Barron’s Roundtable for a few years, or even decades, you already … Read more

Warren Buffett’s Berkshire Hathaway Buys More Occidental Stock

Text size Warren Buffett’s Berkshire Hathaway purchased more Occidental Petroleum stock. AFP via Getty Images Warren Buffett’s Berkshire Hathaway disclosed the purchase of another large block of Occidental Petroleum stock. Berkshire Hathaway (ticker: BRK.A) paid $250 million from July 11 through 13 for a total of 4.3 million more shares of oil giant Occidental Petroleum … Read more

Berkshire Hathaway’s Warren Buffett: Barron’s Top CEOs 2022

Warren Buffett, CEO of Berkshire Hathaway Steve Pope/Getty Images Text size Warren Buffett is snapping up stocks, buying an insurer at a bargain price, and exciting investors in Berkshire Hathaway . Buffett, who turns 92 in August, had been relatively inactive in the wake of the pandemic, but has sharply picked up the pace of … Read more