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ConocoPhillips CEO warns supply losses, infrastructure gaps will drive higher oil prices
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ConocoPhillips CEO warns supply losses, infrastructure gaps will drive higher oil prices
(World Oil) – You just can’t take 8-to-10 MMbpd off the market, and 20% of LNG supply, and not expect instability,” ConocoPhillips Chairman and CEO Ryan Lance said on Tuesday at CERAWeek by S&P Global, underscoring the scale of the current supply shock hitting global energy markets. Speaking in a leadership dialogue with S&P Global Vice Chairman Daniel Yergin, Lance said that current turmoil in the Middle East has rapidly shifted the industry out
·Denver, United States
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