The last few years have been rough for the oil and gas sector. Mounting environmental pressure and imbalances in the rates of supply and demand have pushed Brent crude oil to fall to less than $65 per barrel throughout 2025 so far, down from $81 in 2024.
However, despite a ramping up in global oil production, both fundamental and technical indicators show that a bottom could be around the corner to relieve energy investors, a sentiment with billion-dollar backing by investors like Warren Buffett. Among energy shares experiencing price suppression, American oil innovators like Occidental Petroleum (NYSE: OXY) and Chevron (NYSE: CVX) could be primed for major growth.
