Better Oil Stock: Chevron vs. Occidental Petroleum

Better Oil Stock: Chevron vs. Occidental Petroleum

Key PointsChevron’s diversification makes it a safe stock to own even if oil prices decline. Oxy’s upstream exposure makes it a riskier long-term holding. 10 stocks we like better than Chevron › Over the past three months, WTI crude oil prices have nearly doubled to about $100 per barrel. The main catalyst that drove oil prices higher was the outbreak of the Iran War in late February, which throttled global oil deliveries through the Strait of H…