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S&P 500 6,830 +0.70%

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DAX 23,903 -0.25%

Gold $4,196 +0.16%

Oil $98.62 +2.00%

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VIX 20.33 -16.27%

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occidental-petroleum-corporation

Occidental Petroleum Oil Market tension shown by a large U.S. oil refinery at dusk.

Occidental Petroleum Oil Market -4.3% Plunge Tests War-Risk Rally

By Maik Kemper • Apr 1, 2026

Occidental Petroleum Oil Market tension shown by a large U.S. oil refinery at dusk.

Occidental Petroleum Oil Market -4.3% Plunge Tests War-Risk Rally

By Maik Kemper • Apr 1, 2026

Is the Occidental Petroleum Oil Market sell-off just war-risk premium fading or the start of a deeper reset in U.S. energy stocks? Maik Kemper Editor…