Warren Buffett is on the lookout for oil industry bargains

OILPRICE | Two publications this week came out with headlines that Warren Buffett predicted the current oil price crash. Both referenced a 2016 interview of Buffet for CNBC where, the publications claim, he had made his prediction. One of the publications also argued that Buffet might use his billions to bail out U.S. oil.  But first, did he really predict the crash?  Not if you take the time to watch the whole interview. What Buffett talks about in the 2016 interview is, plain and simple, the benefits and dangers of low oil prices.


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