Occidental Petroleum shares move as Evercore upgrade meets oil rally risk
Occidental Petroleum is getting snapped up as traders chase oil upside, but the move is less messy than the last few squeezes. The shares jumped 3.6% to $53.54 in afternoon action and hit a high at $54.88. Volume cleared 14 million. The Energy Select Sector SPDR Fund gained 1.1%, trading at $55.25.