Occidental’s Realized Oil Prices Rise 32.6% in Third Quarter
Occidental Petroleum said in a Tuesday filing that its worldwide average realized oil prices rose 32.6% year over year in the third quarter. The report links the increase to crude supply concerns amid the US-Iran war and restricted flows through the Strait of Hormuz.
6% in the third quarter from a year earlier, as concerns over supply disruptions linked to the US-Iran war and restricted oil flows through the Strait of Hormuz lifted crude pr…