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ConocoPhillips warns of US crude oil supply plateauing because of low prices

Crude oil supply in the United States will likely plateau and even slightly decline if the price of oil remains in the low $60s or drops further, one top oil executive warned.  For months, oil and gas producers have cast doubt on whether the markets can support the Trump administration’s effo......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/policy/3849357/conocophillips-warns-crude-oil-supply-plateauing-low-prices/