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Where's the Glut? Says ConocoPhillips CEO Ryan Lance
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Where's the Glut? Says ConocoPhillips CEO Ryan Lance
In the ever-volatile world of oil markets, ConocoPhillips CEO Ryan Lance has recently challenged the prevailing narratives of an impending oil surplus. Speaking at a recent industry event, Lance questioned the notion of a glut, emphasizing that global oil demand continues to grow steadily. He argued that the market is tighter than current sentiment suggests, pointing out that the key challenge lies in sourcing conventional oil supplies in the co…
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