Warren Buffett is well known for being a successful long-term investor, and deservedly so. However, when it comes to oil stocks in Berkshire Hathaway's (BRK.A -0.44%) (BRK.B -0.34%) portfolio, it doesn't necessarily feel like Buffett believes in the industry for the long run, as Fool.com contributor Tyler Crowe explains in this video.

*Stock prices used were the midday prices of May 15, 2023. The video was published on May 15, 2023.