Due to tight supply and strong demand expectations, oil prices have increased for five consecutive weeks, surging to a three-month high. As of July 28, crude oil WTI futures and Brent futures settled at $79.86 and $83.61 a barrel, respectively, hitting the highest since April 19, 2023.
Warren Buffett has further increased his positions in oil and gas investments
In 2022, the utilities and ene...