Occidental Petroleum identified as stable retirement portfolio choice amid high energy prices and fossil fuel demand.

Occidental Petroleum Corporation (OXY) is highlighted as a strong option for retirement portfolios due to its stability and dividend potential amid high energy prices and demand for fossil fuels. The ongoing shift to renewable energy presents opportunities for stable returns, as investments in clean technologies are projected to double those in fossil fuels by 2024. Despite challenges, both traditional and renewable energy sectors remain vital during this transition.

September 14, 2024
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