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Energy ETFs Strengthen After Buffett Raises Stake on Occidental

By: ETF Trends

March 17, 2022 at 14:14 PM EDT

Energy sector-related exchange traded funds received a boost after Warren Buffett’s Berkshire Hathaway Inc. raised its bet on Occidental Petroleum Corp (NYSE: OXY). On Thursday, the Invesco Dynamic Energy Exploration & Production Portfolio (NYSEArca: PXE) gained 4.3%. Meanwhile, shares of...

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