@Ssimsim:Oil at Highest in 11 Weeks Amid Tight Global MarketWTI rose 1.6% this week, posting a fifth straight weekly gainBofA warns of Brent at $150/bbl if supplies don’t recoverOil posted a fifth straight weekly gain to close at the highest since early March on continued signs of tight fuel inventories as Americans head into summer driving season.West Texas Intermediate settled above $115 after trading in a volatile session ahead of the Memorial Day holiday. Drivers are facing soaring costs heading into the peak holiday driving period with gasoline stockpiles at the lowest seasonal level since 2014. New York gasoline futures settled above $4 a gallon first the first time since March 16.Fuel markets have tightened globally following Russia’s Ukraine invasion in late February, which has upended trad
@alex alexalex:In times of market volatility, investors should pay close attention to Warren Buffett stocks that may offer investment opportunities.Amazon: Hiccup in Q1 results and market headwinds havecreated a better buyingopportunity.American Express: As the world beginsto normalize and spend more,the financial giant could be on track for a big comeback.Apple: The tech powerhouse is enjoying record revenue with its well-received new products.Berkshire Hathaway: Warren Buffett’s conglomerate is standing the test of time despite market headwinds.Citigroup: Rate hikeshit the financial giant‘s profitability, bringing C stock to a more affordable price.HP: Dividend-paying tech giant is at 52-week lows, opening a window of buying opportunity.Occidental Petroleum: This energy nameshould continue to benefit f