Occidental Petroleum is trading at $60.96, down -4.03%, as energy stocks weaken with easing oil prices and a stronger U.S. dollar ahead of the September 16, 2026, Federal Reserve announcement.
- Stronger-than-expected August retail sales are reinforcing rate-hike concerns and pressuring the energy sector, while broader equities remain mixed.
- No fresh company-specific catalyst was identified; recent coverage highlighted Wells Fargo’s higher price target.