Warren Buffett bought another stock of oxydental...14.6% stake secured

Warren Buffett, known as an investment genius, bought 18.1 million shares of oxydental Petroleum, which produces about 1.2 million barrels of oil a day, increasing his stake to 136.4 million shares and raising his stake to more than 14%.

Berkshire Hathaway, led by Warren Buffett, has steadily bought oxydental Petroleum shares over the past few days to CNBC on the 17th. The purchase amounted to $53-55 per share (average $54.41 per share), and the purchase cost was $985 million.

CNBC analyzed, "Berkshire also has the right to purchase about 84 million additional shares under $60 per share, so including this, Berkshire's stake will be close to 22%."

$OXY