Moderate price environment expected
ConocoPhillips economist anticipates continuing production efficiency improvements putting a cap on oil prices into the future
Alan Bailey Petroleum News
With global oil production continuing to become increasingly efficient, the price of oil is likely to remain in the $60 to $80 per barrel range in the long term, Helen Currie, ConocoPhillips chief economist, told the Alaska Support Industry Alliance on Jan. 18. Despite an anticipated increase in glo....
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