Occidental Petroleum profit climbs 29% in 4th quarter

The nation's fourth-largest oil company says net income rose to $1.2 billion from $938 million a year earlier as production increased and oil prices hit two-year highs.
Occidental Petroleum Corp., the nation's fourth-largest oil company, said Wednesday that its fourth-quarter profit increased 29% as production increased and oil prices rose to two-year highs.
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Source: Los Angeles Times