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Politics
ConocoPhillips CEO Expects Crude Market to Flip Into Contango
📅24 March 2026 at 15:31
📰Bloomberg
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ConocoPhillips Chief Executive Officer Ryan Lance sees the oil market flipping into contango — trader jargon for a situation where oil for delivery next month or later in the year commands higher prices than near-term barrels.
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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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