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      Occidental Petroleum Stock's Momentum Score Triples As US To Urge Oil Executives To Ramp Up Drilling In Bid To Stabilize Prices

      Occidental Petroleum Corp’s (NYSE:OXY) stock saw a sharp surge in its momentum score, jumping from 31.02 to 92.51 on a week-over-week basis.

      A momentum score is a metric that measures how strongly a stock's price is trending over time based on recent price movement and trading volume, indicating the strength of its current trend.

      US Energy Officials Meet Oil Executives To Boost Output

      U.S. Energy Secretary Chris Wright and Interior Secretary Doug Burgum are set to speak to major oil executives on Thursday, including those from Occidental Petroleum, according to a report by POLITICO.

      The discussions aim to push for increased drilling in an effort to lower oil prices and stabilize energy supply amid escalating tensions between the Trump administration and Iran, which has roiled global oil markets ...

      Full story available on Benzinga.com


      Source: Benzinga
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud