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Conoco CEO: Sees Oil Moving Up To $60 Or $70 A Barrel
CNN Money / Isabel Ordonez11-Mar-2009 (one comment)
ConocoPhillips' (COP) chief executive said Wednesday that the company sees oil prices moving up to $60 or $70 a barrel over time but not going more than $80. Speaking at the company's analyst meeting in New York, Jim Mulva said the Houston-based oil giant's strategy is based on modest oil prices.
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$70 pb seems to be...
by Shadooneh (not verified) on Wed Mar 11, 2009 11:37 AM PDTthe global equilibrium price.