ConocoPhillips profit powered by crude price rally driven by global economic recovery

ConocoPhillips profit powered by crude price rally driven by global economic recovery
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06.12.2021

MOSCOW (MRC) -- ConocoPhillips has posted a quarterly profit that trounced market expectations as supply bottlenecks and a global economic recovery helped drive a rebound in crude prices, according to Hydrocarbonprocessing.Oil prices have gained nearly 63% since the start of 2021, with global crude benchmark Brent rising above USD86 a bbl to its highest level in about three yr after the

Full article at mrcplast.com

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