Stewart Glickman previews Occidental Petroleum (OXY) earnings before they report postmarket. Occidental "has a neat advantage” because they own a lot of their own logistics, Stewart says. He talks about its “drillable inventory” and why the company might not want to open more capacity. Overall, he thinks crude oil should be around $65/barrel. Tom White shows example options trades on Occidental Petroleum & Exxon Mobil (XOM).
Morning Trade Live
18 Feb 2025
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