NEW YORK: Warren Buffett's multibillion-dollar purchases of oil and gas investments early in the pandemic have paid off when the sector cranked out record earnings in 2022. But instead of selling out for a huge profit this year, the Oracle of Omaha wants more. Berkshire Hathaway Inc is using this year's dip in commodity prices to load up on some of Buffett's favourite oil and gas investments, showing that history's most famous investor sees opportunity in a sector long disfavoured due to its volatility and effects on the climate.

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