Occidental’s Hollub Calls for Steady Oil—Then a Surge

Wait 5 sec.

Oil may be having a rough week, but Occidental Petroleum’s Vicki Hollub isn’t panicking. The CEO told the Energy Intelligence Forum in London that crude prices are likely to hover in a narrow $58–$62 range through 2026, before breaking higher later in the decade. That call looks almost clairvoyant at the moment: WTI is trading at $58.76, Brent at $62.43, all deep in the red after Monday and Tuesday’s selloff. Hollub said she remains “very bullish on oil prices — not this year or next, but I’m bullish on…