Buffett, BlackRock find energy stocks irresistible in the time of turmoil

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Warren Buffett, BlackRock and Goldman Sachs find energy stocks irresistible even as 2023 proves another turbulent year for markets

into the firm in just over 12 months, with the latest purchases of $467 million reported this week. It also invested around $20 billion in Chevron last year.

and healthcare. More recently, the US bank upgraded the European oil and gas giant Shell to a buy rating in February, predicting share gains of as much as 40%.

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