Buffett says Permian, oil price logic behind Oxy bet 

AT a time when Norway’s sovereign wealth fund has divested over US$8 billion from its investments in upstream exploration, Warren Buffett is backing Occidental Petroleum’s takeover of Anadarko Petroleum based on his oil price outlook. 

Buffett says Permian, oil price logic behind Oxy bet  Buffett says Permian, oil price logic behind Oxy bet  Buffett says Permian, oil price logic behind Oxy bet  Buffett says Permian, oil price logic behind Oxy bet  Buffett says Permian, oil price logic behind Oxy bet 

Omaha Oracle on Occidental backing 

 
Last week his Berkshire Hathaway committed $10 billion to Occidental's tilt at the independent Permian player, beating Chevon Corporation's offer.